Friday 22 February 2013

AUDIT , RE-AUDIT & FEES



Audit Fee :


As per circulation of the year 1991 from the Honble Commissioner, Co-operation and Registrar,  Co-operative  Societies,  Maharashtra  State,  Pune,  the  audit  fee  being charged on Co-operative Housing Societies is as follows:


          Rs. 36/- per member annually in the Municipal Corporation area.
          Rs. 24/- per member annually in the Municipality / Municipal Council  area.              
          Rs. 12/- per member annually in the Gram Panchayat area.

Re-Audit :


On the application of the society or for any other reason if the Registrar feels it necessary  to  re-inspect  the  account  of  the  society  which  was  audited,  then  the Registrar may give order for re-audit.
While demanding re-audit, it is necessary that the society or member should have to make an application giving details that why re-auditing is necessary.



Re-Audit Fee :


a)  If the Registrar himself issues orders for re-audit, then the audit may be conducted  by  the  government  with  his  own  cost  through  government auditor.

b) If demand made by the society then the society had to pay the re-audit fee.


c)    If demand made by the member then the said re-audit fee should be borne by the member in prescribed rate.


Society should pay the audit fees through cheque or ask the auditor to make the Govt. Challan and pay this Govt. challan in SBI / RBI 

4 comments:

  1. Hello sir,I am the member of CHS,DDR has appointed an Auditor for reauditing of society accounts of 3 yrs.but society MCM given vochers files n Bills in very bad condition due to files soaken in water n with white ants n complete damage of files so that Auditor can not see the details.it seems MCM purposely with malintension they distroyed the files to save their skin.In this circumstances what action can be taken by auditor,DDR, and applicant member.

    ReplyDelete
    Replies
    1. I think you Should Qualify your report to that effect that books of accounts totally kind of destroyed weather intentionally or intentionally can't figure it out due to very bad condition of records it's a very poor and serious issue and irresponsibility of management that is coming into picture from this all circumstances and forward it to ddr,and society...

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  2. What is the revised statutory audit fees for co-op. housing society in mumbai

    ReplyDelete
    Replies
    1. VISIT LINK :- http://housingsocietymaharashtra.blogspot.in/2015/02/revised-rates-of-audit-fee-for-co.html

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