CA Pramod Singhal (CHARTERED ACCOUNTANTS) (68 Points)
26 December 2008Can any one explain the differecne the work of Tax Auditor or Statutory Auditor.
Thanks in Advance.
Thaks & Regards
Pramod
CA Uttam
(Chartered Accountant)
(406 Points)
Replied 26 December 2008
Tax Auditor does audit as per Income Tax Act 1962.
Whereas Statutory Auditor does audit as per Companies Act, 1962 and Statutory auditor is appointed under section 224 of Companies Act.
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