SA 700 is for all audits corporate and non corporate
initially it was applicable from FY 17-18
but later it was postponed and made applicable from FY 18-19
audit report in tax audit is governed by IT Act SA 700 is not applicable, it is clarified by icai
Then sir how is SA 700 applicable to non-corporate entities?
In office, we do audit of non-corporate entities only because IT Act Prescribes; and as per IT act, SA is not applicable.