In Gujarat, this time VAT Audit is required for those whose turnover exceeds Rs.1 crore, in that situation, we came to know that when one concern passes thru two audit under a year then it requires 3CA reports instead of 3CB under Tax Audit. Is it right ? If not , then when and where 3CA is applicable ?
Menu
Wherther 3CA or 3CB in VAT Audit also?
Replies (3)
In Andhra Pradesh, there is no VAT audit as on to-day !
Dear Dhaval,
Please note that only when the auditor under other act is certifying for the purposes of the Income Tax Act, only then he has to give 3CA, in all other cases, 3CB is to be given. Essential is whether the same auditor is signing the Tax audit report or not.
If An auditor appointed under provisions of Companies Act, is not signing the Tax Audit Report, the Company will get Tax Audit Report from some other CA. The Other CA will sign 3CB instead of 3CA. Same logic is applicable in VAT Audit. Please note that VAT Audit Can be conducted by Tax Practitioner also..
what does section the 3ca and 3cb says
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
