Before planning for statutory audit, we need to keep ready important document for audit. Here is list of important documents.

Audit (Tax Audit / Internal Audit)

  1. AUDIT ENGAGEMENT LETTER
  2. OPENING TRAIL BALANCE
  3. LAST YEAR SIGNED FINANCIAL STATEMENT
  4. COPY OF CAMPUTATION OF INCOME OF LAST YEAR
  5. SHAREHOLDING PATTERN
  6. LIST OF DIRECTORS
  7. REGISTER 301 EXTRACTS
  8. MINUTES OF MEETING
  9. FORM 26AS
  10. FIXED ASSETS REGISTER
  11. INVOICE OF ADDITION TO FIXED ASSETS
  12. INVOICE OF SALE OF FIXED ASSETS
  13. TDS PAYMENTS CHALLANS
  14. PF/PT/ESIC/MLWF(WHICHEVER APPLICABLE) PAYMENT CHALLANS
  15. ADVANCE TAX PAYMENTS CHALLANS
  16. RETURNS COPY
  17. LOAN PAYMENT SCH. & LOAN CONFIRMATION LETTER
  18. CASH BALANCE CONFIRMATION LETTER ALONG WITH DENOMINATION
  19. BANK BALANCE CONFIRMATION
  20. OUTSTANDING ENTRY PASSED:PROVIDE SUPPORTING XEROX COPY
  21. LIST OF RELATED PARTY AS PER AS18
  22. LEDGER OF RELATED PARTY FROM TALLY HAVING TRANSACTION
  23. CALCULATION OF FOREIGN EXCHANGE PROFIT/LOSS
  24. CASH LEDGER WITH TRANSACTION MORE THAN Rs. 20000/-
  25. SECTION 274(1)(g) OF CO. ACT: REPRESENTATION FROM DIRECTOR FOR QUALIFICATION
  26. STATUS OF PENDING INCOME TAX ASSESSEMENT
  27. DRAFT FINANCIAL STATEMENT
  28. ANY CHANGE IN MOA/AOA
  29. CERTIFICATE UNDER SEC. 40(A)(3) & 269SS & 269T OF INCOME TAX
  30. COPY OF ANNUAL RETURN FILLED WITH MCA
  31. CALCULATION OF DIRECTOR REMUNERATION AS PER COMPANIES ACT
  32. SECTION 383A: SECRETARIAL COMPLIANCE CERTIFICATE
  33. SHARE APPLICATION PENDING REFUND
audit

An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern. It also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditing has become such a ubiquitous phenomenon in the corporate and the public sector that academics started identifying an “Audit Society. The auditor perceives and recognizes the propositions before them for examination, obtains evidence, evaluates the same and formulates an opinion on the basis of his judgement which is communicated through their auditing report.

Contact us to get all the details about Income Tax Returns

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