Audit QnA - Page No 112

All Resolved Open

Shubham Khandelwal

03 July 2015 at 13:25

Depreciation

Is it compulsory to charge depreciation as per companies act 2013 in case of private companies???

Aswany Ashok

02 July 2015 at 13:16

Treatment of preliminary expenses under companies act 2013

Kindly explain the provisions regarding the treatment of Preliminary expenses under The Companies Act 2013.

Anonymous

02 July 2015 at 11:59

Caro 2015

Whether caro 2015 is applicable for Nov 2015 exams?

ajay laxkar

02 July 2015 at 10:49

Depreciation as per co. act 2013

Assets constructed in 2008 which is ready for use and Completion certificate for the same received in 2014-15,
then what will be deprecation as per Co. Act 2013

thanks in advance

amrita

30 June 2015 at 15:01

Applicability

Is caro 2015 applicable to nov Ca final 2015 xam?

Anonymous

30 June 2015 at 10:34

THE FINAL AUDIT REPORT FOR MARCH 2015 IS PREPARED BY AUDITOR ON 23/6/2015. A NEW SET OF DIRECTORS HAVE BEEN APPOINTED ON 15/6/2015.

QUERY IS : WHO SHALL SIGN THE AUDIT REPORT ? NEW DIRECTORS OR OLD ? PLEASE GUIDE

Anonymous

28 June 2015 at 01:01

Schedule ii

Dear Sir,

My query is regarding to schedule II of companies Act 2013.How to give effect as per schedule II on computer purchased on 16/08/2011 as computer is having useful life of 3 years as per schedule II which is expiring in the very first year of application of schedule II?

Ajit kumar

27 June 2015 at 13:01

Caro 2015

Can pvt limited CARO 2015 applicable for following situation
1.) Share capital and reserve Rs. 2900000
and 2.) bank cc outstanding on 31-03-2015 is Rs. 24,92,000 and 3.) turn over is 2.5 crore. please suggest caro 2015 applicable for this PVT LTD.
Its CC limit is 40 lacs and during the year utilised CC is Rs. 35 lacs.

sachin sabale

25 June 2015 at 18:45

Charitable trust compliance

Hi,

One Charitable trust is registered under charitable trust act & regular file Charity Commissioner return. Recepts of Trust is below Taxable limit. Trust is never apply pan card & file Income Tax return, Because of Below Taxable limit receipt of Trust, Whether Trust require compliance of Income Tax Act ?

If Receipts of Trust in case exceeding Rs.50,000/- is liable to Compliance of Income Tax Act ?
Trust is mandatory apply to Registration of U/s 11 & 12 A ?

Please if possible let me Case law of Receipt below taxable limit is Income Tax Compliance not require Charitable Trust?

Please guide us.......