manish sharma
02 February 2015 at 13:11

Asking about tds

Sir,
Bill Issued on 5/4/2014 & Tds Deducted After A month i.e 05/05/2014, TDS has Deposited on 07/06/2014.
Is There any TDS Penalty will be Levied on Assesse??
Is it Valid to Deduct TDS After A month From Recording of Entry??



GAUTAM KUMAR
31 January 2015 at 10:57

Audit evidence

Please Clarify,

A private company all directors using credit card for personal expenses,booking as staff welfare in company books,my doubt is what evidence need to see,whether credit card statement only or invoices and receipts of such expenses.



Adnan Momin M.d Umer
30 January 2015 at 16:06

Re-appintment of an auditor

Is their any special rules and regulation to re-appoint a statutory auditor, and how to inform ROC.
Which form has to be filed.

Plz Explain

Thanks



Anonymous

Hi sir / Madam,
When we are reporting about statutory dues in annexure to auditors report as per Para 4 & 5 of CARO, 2003
Do we need to mention only the amount of default(excluding penalty and interest) of such statutory or do we need to mention the amount including penalty or interest on such default?
Kindly reply as soon as possible.


sushil upadhyay
29 January 2015 at 12:18

Reserve for doubtful debt

Dear sir

I want to Know creating reserve for doubtful debt,its showing in the books from more than one year.

My querry , till what periad reserve for doubtful debt can be recorded ?

Thank in adv

regards
sushil upadhyay



Anonymous
29 January 2015 at 11:24

Fixed deposit confirmations

Hi. I'm having difficulty understanding Fixed Deposits. Closing interest accrued as per my calculation defers from amount confirmed as per Bank. Some banks accrue interest while confirming and some don't. Also, how can we check if the bank accrues interest quartrely or halfyearly or..... Nothing was mentioned on the FDR.

Plz help!


sanjay
28 January 2015 at 19:49

Actuarial valuation

what is actuarial valuation? when in an entity it is required to be done?



Anonymous
28 January 2015 at 18:09

Consolidated audit report

If an individual audited by CA, his/her consolidated account for two business :
- Audit Report includes balance sheet and P&L A/c contained details of both business(i.e one consolidated balance sheet and P&L a/c) or
- Two separate balance-sheets and P&L a/c for each business or
- Just to be one page of assessment in front of Audit-report contained both business details but includes only one balance sheet and P&L A/c of single business ,

what is the right form of consolidated audit report in above ? or required any other form apart from that.


N B S MURTY.
28 January 2015 at 14:26

As 7- works contracts

Respected all,
We are Constrecting a multy floured bulding as a Works Contractrers. Now we are desided to take some part of the bulding as our over due amounts from the owners. In this point of view ,Can we apply AS-7, for Valuaning the Existing Closing Stock and Closing Workin-Process.
Please Clarify.
Regards,
BALU





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query