Experts,
Plz tell me whether caro is now applicable for Nov 2015.if yes,what amendment will be asked in Nov 2015 for audit.
Dear Sir
Whether a CA can Audit books of accounts of Partnership firm in which his blood relative is partner ?
As per sec 44AB, audit can be done by accountant u/s 288. The section 288 only says that accounatant must be a CA defined under CA Act. So, that means audit u/s 44AB can be done of relative ?
Sir,
How to provide depreciation on assets..?
if any new assets is purchased then it depreciation to provided by year or by days.?
For office lift maintenance purpose payment made to XX Ltd worth Rs 30000 attracts tds under 94C or not ???
Sir,
I want to know that if a pvt ltd co. unable to file his income tax return & not doing his audit since date of corporation.than what will the department do at this point.please clarify.
I seek your guidance in the following matter :
Para 1 of the Companies ( Auditors Report ) order 2015 excludes a Pvt. Ltd. Co. if its share capital & reserves are less than Rs. 50 Lakhs , has not taken a loan exceeding Rs. 25 Lakhs from Bank & does not have turnover more than Rs. 5 Crores .
I have a Pvt. Ltd. Company which fulfills all these conditions & hence excluded from the Report Rules .
However , the same Company has :
(a) Defaulted in payment of Service Tax & other statutory dues for more than 6 Months ,
(b) Accumulated loss which wiped out its Reserves & Surplus completely , & (c) Has incurred Cash loss in 2014-15 & 2013-14 .
In these circumstances , should I qualify my Report or Not ?
Please do enlighten me on the above matter
Our Statutory auditor is asking for every working like:-
1.Reconcilation of st-3, tds return with books of accounts.
2.Related party transaction like amount of directors remuneration, sale made to sister concern during the year.
Our electronic software depicts every information still she require working from our side.
She has to report in notes to accounts or audit report whatever is the purpose but i just want to ask whether is it the CA profile ask the client to do the working and quote the figure in the report as it is.????????????Please reply
what is the difference between one person company and proprietor ship?
Respected Sir's
I have filed Q4 TDS QTRLY RETURNS FOR 24Q. AFTER THAT email recd from traces that " Regular Statement filed is processed with defaults and / or PAN errors u/s 200A ". How it will be rectified, can we file revised returns , what is the time limit..please advice me,how it will be closed without errors ( PAN NO'S ARE CORRECT,FROM LAST 4-5 YRS WE ARE FILING ) THANKS IN ADVANCE RAMA
Caro