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IT dept to issue 7 lakh letters seeking information in respect of high value non PAN transaction


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 21st July 2016 Sub Income Tax Department to issue 7 lakh letters seeking Information in respect of

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SIT on black money recommends ban of cash transaction above 3 lakh and cash holding more than 15 lakhs


Recommendations of SIT on Black Money as Contained in the Fifth SIT Report The Fifth SIT report has been submitted before the Honble Supreme Court by the SIT An extract of the report has been uploaded

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Govt considering having a new financial year


Government today constituted a Committee headed by Dr Shankar Acharya former Chief Economic Adviser to examine the desirability and feasibility of having a new financial year The Committee to submit i

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MCA issues order regarding rotation of auditors


Ministry of Corporate Affairs has issued Companies Third Removal of Difficulty Order 2016 regarding applicability of the provisions of Rotation of Auditors as per Section 139 2 of the Companies Act 20

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Government Notifies Rules regarding Fair market value


Government Notifies Rules regarding Fair market value and reporting requirement for Indian concern Indirect transfer provisions section 9 1 of the Income tax Act 1961 Under section 9 of the Income tax

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Experts Opinions

Late audit, penalty for a private limited company.


Hello Sir Madam I got registered for a private limited company in 2014 but ca did nothing after that Unfortunately I could not do anything till now so there is no business no meeting no employees no a

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TAX AUDIT LIMIT FOR A.Y 2015-16


What is limit for tax audit in case of docter

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Dealing in f&o nse is the audit required


Sir as i would like to know the limit for trading in F O in NSE what is the limit for the audit required as i have been informed as for F O usually it is net based so audit is required

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Foreign assets reporting in income tax return


An indiviual paid application money towards purchase of shares of foreign Company Foreign remittance was effected in Jan 16 Same was held as application money as on 31 03 2016 Please advise where to s

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Query regarding audit us 44ab


SIR I ONE OF MY FRIEND DOING THE BUSINESS OF WHOLESALE CONFICATIONARY AND HIS TOTAL SALE WAS 86 50 LAC VAT RECOVER 10 37 LAC WHILE PURCHASE 80 37 LAC VAT PAID 9 89 LAC AS PER TIN NO RETURN HE GOT PROF

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Discussion

roc must select auditor for company

dear friends as we know in our country black money is generated circulated through various dummy company and auditor is selected by the owner of the company most of the small company manage their audi

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A complete guide for advanced auditing - ca final

Dear Students 4th Edition of A Complete Guide for Advanced Auditing CA Final by CA Sumit Aggarwal is available online at flipkart com or amazon in http www amazon in dp 819305802X

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Late audit, penalty for a private limited company.

Dear Members I got registered for a private limited company in 2014 but ca did unfortunately I could not do anything till now so there was no business no meeting no employees no audit Only service tax

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.regarding the applying for concurrent audit

how to get the RBI Unique Code for applying first time for the concurrent audit of the bank

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Books of accounts are maintained but is audit u/s. 44ab of it act necessary? if

In Financial Year 15 16 the sale turnover is 68 lakhs and net profit is only 1 71 lakhs in case of a partnership firm engaged in the bus of trading pls clarify

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File Download

  • IDT Custom Case Laws

    case laws in short format to for easy and better understanding

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  • Ind AS 10 Event Occurring After the Reporting Period

    This has Objective Scope Definitions Adjusting and Non Adjusting Events Examples Special treatment of Dividend and Going Concern Disclosure

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  • Auto Balance Sheet format with Trial Balance

    Balance Sheet format With Trial Balance fill trial Balance Auto made Balance Sheet as per Company Schedule and Regular Format Simple Format both Spl for Monthly Balance Report Provider and MIS Sheet

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  • Standards on Auditing

    STANDARDS ON AUDIT IN CHART

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  • Auto Attendance Sheet life time without password

    Auto Attendance sheet life time Staff absent Half day Company off Holiday Staff left etc

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Articles

Ind AS 10: Events occurring after the reporting period


Background Today we live in a dynamic business world where changes in business environment are eminent Some of these changes are important for users of financial statements such as shareholders becaus


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Analysis of Audit (CA Final) Paper for May 16 Exams


Paper Analysis Suggested Answers Common Mistakes CA Final May 2016 Exams Generally audit paper from past 4 attempts was of 7 pages but this time it increase to 11 pages 57 increase Questions of around


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Service Tax Audits by Department - Legal Position


INTRODUCTION Service Tax law operates under the concept of self assessment wherein the assessee self assesses his tax position and pays the service tax dues at periodic intervals prescribed therein De


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Forensic Audit - A Modern Day Thrust and Thirst


Introduction In the recent past more so in the previous decade accounting and auditing community witnessed and in fact confronted and gone through scandals emanating from fraudulent and manipulative d


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Audit and Auditor as per Companies Act, 2013


Chapter X of the Companies Act 2013 deals with Audit and Auditors Section 139 Appointment of Auditors 1 Every Company shall at the First Annual General Meeting appoint an Individual or firm as an Audi


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Updated on : 7/29/2016 6:21:10 AM


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