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Annual return GSTR-9 and GSTR-9C, under section 44 of CGST Act, due date stands extended for financial year 2019-20 from 3:

Statutory Auditing Service In India

Statutory Audit is a type of audit which is mandated by a Statute or Law to ensure true and fair view of the book of accounts of a Business is presented to the Regulators and the Public. Unlike internal audit, Statutory Audits are not optional and must be performed if a business satisfies certain criterias. Statutory audits must be completed by qualified Chartered Accountants who are independent of the Business. Further, the report prepared by the Auditor on his/her findings must be presented in the format prescribed by the Regulator.

Statutory Audits can be mainly classified into two types, company audits and tax audits. As per Companies Act, 2013, every company, irrespective of its sales turnover or nature of business or capital must have its book of accounts audited each financial year. Thus, the Board of Directors of a Company are required by law to appoint an Auditor within 30 days of incorporation and thereafter conduct an audit of its financial statements each financial year. The accounts of a Limited Liability Partnership (LLP) must be audited if it has an annual turnover of Rs.40 lakhs or more or Rs.25 lakhs or more capital contribution. Tax audit on the other hand is required for Proprietorships and Partnership Firms that have cross a certain threshold of sales. IndiaFilings can help you find a Statutory Auditor for your Business.

FOR COMPANIES THRESHOLD
Private Limited Company
One Person Company
Limited Company
Section 8 Company
Nidhi Company
Producer Company
Compulsory Statutory Audit is required.
FOR LIMITED LIABILITY PARTNERSHIP THRESHOLD
All Limited Liability Partnership (LLP) must have its accounts audited. If the annual sales turnover exceeds Rs.40 lakhs OR If capital contribution exceeds Rs.25 lakhs
PROPRIETORSHIP THRESHOLD
Proprietorship firm must complete a tax audit by a Chartered Accountant If the annual sales turnover exceeds Rs.1 crore in terms of business OR if annual gross receipts exceed Rs.25 lakhs in terms of a Profession.
Plan - A

BASIC

8000
+ GST 18%

Service Highlights
  • Service 1
  • Service 2
Documents Required
  • Documents 1
  • Documents 2
Plan - B

STANDARD

9000
+ GST 18%

Service Highlights
  • Service 1
  • Service 2
Documents Required
  • Documents 1
  • Documents 2
Plan - C

PREMIUM

10000
+ GST 18%

Service Highlights
  • Service 1
  • Service 2
Documents Required
  • Documents 1
  • Documents 2

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