Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS DIFFERENCE BETWEEN TAX AUDIT AND STATUTORY AUDIT?
- 2 Answers
- 26701 Views
- I also Faced
- E-Mail Answers
Answer Posted / harsh vardhan pandey
Audit under any statute is called statutory audit. companies act 1956 and income tax act 1961 both are statutes. hence tax audit is also a kind of statutory audit likewise the audit under companies act. but in practice generally we calls audit under income tax act 1961(section 44AB) as a tax audit...however it may also be called a STATUTORY AUDIT... Please carry on this coversation....
| Is This Answer Correct ? | 23 Yes | 10 No |
Post New Answer View All Answers
What was your most rewarding accomplishment of your career and why
accounting & audit system of film production enterprises
May deduct TDS Froma reseller ?
Do you know the different types of audits?
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?
is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me
How can scope of internal audit help you?
Define decommission liability?
What are the different advantages and disadvantages of internal audit?
How to involve people in audit?
what audit procedure i can do in the share capital account of a company and why it have been apply?
i read in andhra bank recruitmentin that i saw english languages marks are eligible what is that eligible mark
purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U
What is mean by error of submission? can u plz provide notes on this?
