If in the First year company incurred losses which is exceeds net worth of company. than how we report in the CARO report (point no.X)
Please give notes.

Respected experts.. I have a doubt that a CA is basically known for Analysis of accounts. ..so why he do vouching..in some firm vouching is called audit . So it is really a fact or not. Plz clarify that weather CA can audit without vouching.

is there necessary to sign form 10b by the same person who has done statutory audit of trust plz help me with the reference of statutory provision and as per income tax act in this regard...

what is the difference between tax audit and statutory audit??? and wht we have to do it??? please explain me on above???

Gud evng all, Am a article assistent,am doing half year audit of a company but i have doubt regarding verification of Tds on salaries which was already computed by company..so any one please help me in this matter

my client is a contractor and he have received 105,52,960.00 as gross receit including EPF, Service Tax, Labour & Wages ESI & Bonus amounting Rs. 17,92,182.00, 3,39,118.00, 66,97,847.00, 5,27,169.00 & 3,12,347.00 respectively.
In this circumstances I want to Know whether Audit is required or Not. If No, what is tax treatement.
PLZ Advice Me.
Thanking You.

How vouch the export sale made?

If CA is resident abroad and wants to practice in abroad alone or along with foreign professional, is he bound by CA Act is he suppose to take COP from ICAI ??? Because as per section 1 CA act is applicable only to INDIA and indian law cannot be enforced outside india but as per section 6 cop is required if you want to practice in or outside india and as per FAQ code of ethics is applicable outside india. confused

Are there any conditions for compulsory appointing Internal Auditor in companies like some amount of turnover or listing etc. ?? Or it is not compulsory at all ??

My client has entered into aggrement with vendor including Service as well as supply of goods.
The vendor , in his invoice charges
VAT @ 5% on 75% of the total bill amount and Service tax @ 12.36% on 70% of the bill amount.

For Eg:
Bill Amount : Rs 1000/-
VAT Amt : 37.5 (1000*75%*5%)
Service Tax : 86.52 (1000*70%*12.36%)

Is such levy of tax justified?
is TDS and WCT both required to be deducted @2%??
Can TDS and WCT both be deducted at the same time on one invoice?
Please ans asap