when internal audit is mandatory for company

Dear friends.... Who can issue Actuary certificate? relating to gratuity and leave encashment.... Is someone eligible to issue certificate even though he is not a member of Institute of actuaries of Indian???? please clarify

1) WHETHER CO-OPERATIVE CREDIT SOCIETY IS COVERED UNDER SCOPE OF REPORTING OF ACCEPTANCE OR REPAYMENT OF LOANS OR DEPOSITS FOR GREATER THAN Rs. 20,000/-????

2) AS WORDS OF SECTION 269SS AND 269T SAYS THAT IF THE LOANS AND DEPOSITS ARE EXCEEDING Rs. 20,000 OR OUTSTANDING BALANCE IS EXCEEDING Rs. 20,000 THAN IT SHOULD BE REPORTED... DOES IT MEANS THAT IF LOANS OR DEPOSITS ARE TAKEN OR REPAID ABOVE Rs. 20,000/- AND BY MEANS OF ACCOUNT PAYEE CHEQUE THAN IT IS NOT REPORTED UNDER 269SS AND 269T??

Companies need to file ADT forms , incase of resignation , appointment of auditors, what is the full form of ADT?

Should a governing body member of a society (reg.under societies reg. act-1860)appoint him/ her self as Director/ employee to draw salary from school running under that society? In other hand would a society member liable to draw a salary for his/ her services from same society school?

Sir/Ma'am,

As there is change of depreciation rates and useful life of fixed assets, Is the same will have as retrospective effect or prospective effect?

coz if the same has retrospective effect
then we'll have to recalculate depre. and make the possible adjustments in our book.


Please ans this query as soon as possible.
its really urgent

hi please give response to my query, If asessee has not get audited their books of account within due date and also not in reasonable time so now wether he can do so the same after six month at the end of due date?

since interest and penalties wetre to be paid due to default done by party.. so why it cant show as debit from capital account.. there is any reasonable justification about showing in debit of P/L ?

Under which section if maintenance of Fixed asset register mandatory now after companies act 2013 became applicable?? as earlier, A fixed asset register was to be maintained under section 209(1)(c) of the Companies Act. 1956.

Whether Caro 2015 is applicable in Nov 2015 exam