Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS DIFFERENCE BETWEEN TAX AUDIT AND STATUTORY AUDIT?
- 2 Answers
- 26833 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 is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?
i read in andhra bank recruitmentin that i saw english languages marks are eligible what is that eligible mark
Explain the before an audit processes?
Tell me that how I can evaluate the internal control audit?
What Is Social Audit?
which type audit for your company account
What are the essential of internal audit?
What is an internal audit?
Discuss the factors to be considered by the auditor in order to determine an audit strategy.
What is an internal audit and what is the role of internal audit?
Explain the difference between internal audit and external audit?
Explain the difference between internal audit and statutory audit?
What is an audit process?
What are intangible assets?
Explain tangible assets?
