There are three business of an assessee B-1 Turnover from manufacturing - 40lacs B-2 Turnover from manufacturing - 30lacs B-3 Turnover from retail trading - 40lacs.....u/s 44AD the assessee has offered 8% of turnover as income for B-3 will 44AB be applicable in this case as the turnover excluding 44AD business does not exceed 100 lacs?
Can anybody help me in the following issue.
I am facing problem in revenue recognition.
My client is into the business of providing links on an agreement.
Invoice raised in march,2014 for which services to be rendered during Apr,15 to June,15.
When to recognise this revenue? FY 14-15 or FY 15-16.
Sir,As per companies act 2013 Schedule II we have to calculate depreciation on number of years basis.My doubt is one of my client have partnershipfirm but the assets of firm was transferred to Company in the year 2007.From that year onwards depreciation calculated as per Sch XIV of Companies act 1956 in the company.In regard this my doubt is how to calculate depreciation for Financial year 2014-15 on Transferred assets whether WDV of transferred assets will be taken as Purchase value or any other calculation? Please reply ..
pls give my genuine reasons for transfer from my CA firm
Dear sir
Please Give me the Gratuity applicability rules and calculations
There is a Pvt Ltd company which was incorporated 8 years ago. They have not maintained accounts since incorporation.
Now they want their accounts to be maintained and audited. So far they just have a bank account and the transaction happens through it.
So how do we go about it. Please help
FOR LISTED LIMITED COMPANY YEAR ENDS MARCH 2015. CAN THE FINAL AUDIT REPORT AND FINANCIAL STATEMENTS BE DATED 23/6/2015. A NEW SET OF DIRECTORS HAVE BEEN APPOINTED ON 15/6/2015. QUERY IS : WHICH DIRECTORS SHALL FINANCIAL STATEMENTS ? NEW DIRECTORS OR OLD ? PLEASE GUIDE
I have cleared my first group exams in may 2013...but due to some family problems I have discontinued CA.... and I want to ask that for preparing audit exam knowledge of company act 2013 is important??
Can anyone guide me about which points need to check for Director Remuneration while doing audit of Pvt Ltd Co??
Audit