WebApr 10, 2024 · Date of implementation was further deferred to 1st April 2024 and finally implemented w.e.f. 1st April 2024. Therefore, Rule 3 created an obligation on the company to implement an audit trail feature in accounting software. Along with Rule 3 of the Companies (Accounts) Rules, a corresponding amendment was also made in The … WebA. The Stock Audit and Statutory Audit are not permissible to be done simultaneously since Stock Audit is kind of management function, which cannot be done simultaneously …
NFRA imposes penalty of Rs 1 crore on Auditors
WebSep 16, 2024 · 12 situations when a CA cannot do Tax Audit There are various kinds of audit being conducted under different laws such as company audit, statutory audit … WebA. The Stock Audit and Statutory Audit are not permissible to be done simultaneously since Stock Audit is kind of management function, which cannot be done simultaneously with the Statutory Audit (whether pertaining to the same branch of different branch). Q.8 Whether the Concurrent Auditor of a Bank can accept Tax audit of the same Bank? A. portland me donuts
Difference Between Statutory Audit and Tax Audit (with ...
http://expertspanel.in/index.php?qa=3212&qa_1=statutory-auditor-auditor-company-the-auditor-the-company WebThe tax auditor may be the same person who is the statutory audit of the company or he can be any other independent practicing CA. The members of the company in the annual general meeting can appoint him or the board of directors or the managing director if authorized by the board can appoint a tax auditor. Web23 hours ago · The task of preparation of a comprehensive All India Model GST Audit Manual (hereinafter called the Model GSTAM/ the Manual) for the Centre and the States was allotted to the Committee of Officers on GST Audit. For this purpose, a sub-committee of officers was constituted to compile existing and desirable audit practices and to draft a … portland me downtown