TAX AUDIT FOR 2 FIRMS SAME PAN

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Whether 2 Audit reports are required for 2 business run by same proprietar..
(Both are under the preview of tax audits)
Replies (2)

No one audit report for two business under one person with same pan 

You need to consolidate both financial statement of his or her business and make one financial statement report  

In audit report you have to mention about both business 

If it is registered under the same pan card you do not need 2 reports

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