vkladha.com - V. K. Ladha & Associates

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YEARS OF EXPERIENCE

Auditing is the independent examination of financial information of any entity, whether profit oriented or not, and irrespective of its size or legal form, when such an examination is conducted with a view to expressing an opinion on financial statements whether they give true or fair view of the concern.

Tax is a fee charged by a Government on a product, income or activity. There are two types of taxes – direct taxes and indirect taxes. A direct tax is borne entirely by the entity that pays it, and cannot be passed on to another entity.