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The basic motive of Statutory Auditor in India and Auditor in India is a true and fair view of the book of accounts of a Business is presented to the Regulators and the Public.
Statutory Auditor in India and Auditor in India is an audit mandated by a Statute or Law.
The Companies Act, 2013 mandates every Company to undergo for Statutory Auditor in India and Auditor in India irrespective of its sales turnover or nature of business or capital must have its book of accounts audited each financial year.