Audit fee
This query is : Resolved
01 August 2014
sir i want to ask that ,
For any F.Y (Suppose 12-13) we do audit for this period in Fy 13-14 . so the audit fee is to be recorded in f.y 12- 13 or 13-14
For any F.Y (Suppose 12-13) we do audit for this period in Fy 13-14 . so the audit fee is to be recorded in f.y 12- 13 or 13-14
01 August 2014
Audit fees to be provided for in the Financial year 2012-13.
01 August 2014
so sir we have to made payable entry as on 31st march.
01 August 2014
Provision for audit fee is to be made.
01 August 2014
Yes provision to be made in books on 31.03.2013.
01 August 2014
THANK U SIR ..BUT STILL I M NOT GETTING LOGIC BEHIND IT .SO SIR U CAN EXPLAIN ME Y WE TAKE THIS IN F.Y 12-13 WHILE THE BILL IS TO BE SENT BY CHARTED ACCOUNTANT AFTER 31ST MARCH.13
01 August 2014
Expenses are to be recognized in the year where it belong and if there is reasonable certainty
01 August 2014
then fee charged for return filling to be recognized on estimated basis ..or not
04 August 2014
If there is no explicit contract/agreement, you can do in in estimated basis
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