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Answer Posted / amruta
Tax Audit is compulsory for company whose turnover is above
40 lakhs. turnover means a sales turnover. government
employees cannot check all firms or cannot audited each and
every firm or company, for that purpose they can give
authority to C.A. Who is a authoriesd person of the
chartered accountant institute of india. in tax audit C.A.
can check all documents, vouchers, receipts etc. it is not
only external audit but also internal audit.
Nobody Can Fraud with Government and complite the audit
procedure truly.
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