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PRAKASH MATUPALLIPRAKASH MATUPALLI asked 1 year ago

Sir to whom Statutory Audit will be applicable ??? we have turnover limit for tax audit for internal audit also we have limits and similarly for GST audit also we have limits for the audit to be applicable like wise is there any limit for the Applicability of Statutory Audit ??? (Whether turnover or networth or share capital or Borrowings)

1 Answers
RaviRavi Staff answered 1 year ago

Statutory Audit is mandatory for all companies irrespective of turnover, similarly its applicable to co-operative societies etc.
There are no limits for applicability in these cases.
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