Assessmentprogressquestion $0/$

XYZ India Private Limited is an unlisted statutory audit client. Independence rules applicable are Companies Act, ICAI Code of Ethics and IESBA$-$non PIE. Which non$-$audit service is permitted for this type of audit client?

Tax calculations for the purpose of preparing the accounting entries that are material to the financial statements on which the firm will express an opinion.

Designing a technology system for financial reporting that generates information significant to the accounting records.

Valuations that would have a material effect on the financial staternents on which the firm will express an opinion.

Preparing annual tax returns subject to review by the client and appropriate assessment of threats and safeguards.