GST Practitioner & Accounts
14927 Points
Joined March 2014
1)Tax audit has to done as per section 44 AB of the income tax act , it related to income tax .
2)Statutory Audit is done as per section 143 of the Companies Act 2013 , as it's mandatory for all companies , related to companies Act
3)Tax audit has to be on before 30th of November
4) Statutory Audit has to be done within 6 months from the end of the Financial year.
5) Audited Financials Statement are discussed in AGM for consideration and adoption