The statutory/ tax audit of an assessee is pertaining to FY 2013-14, however, the service rendered by the Auditor for the said financial year is in FY 2014-15 (assuming no Interim Audit conducted).
What would be the repercussions if no provision for audit fees is made as on 31.03.2014?
Whether it will be disallowed in the books of the assessee in FY 2014-15 as prior period item?
our company is pvt ltd we havn't suppose have tax audit, our net loss (2,50,000/-) wasn't filled return on 30.09.2014, we intend to file today can we ablt to carry forward loss to subsequent year please advice on urgent basis
Dear sir, A has given loan to B of Rs 740000 in cash is there any problems??? 1. is this above amount should mention in audit report or not and where ??A is under audit. 2. is there any effect in the it return of A?? 269ss and t section is for only loan or taken na ?? then what about loan given in cash???
what are the expense that are to be recorded while maintaining books of account in case of transport buisiness
1. fuel expense
2. emi
3. other maintainance(if done in cash)
Sir, my client is in first year of tax audit he had paid consultancy charges to foreign client whether TDS to be deducted?
Actually my ca told me that if u want to do the job here then apply for full time cop but u will not become the partner of this firm and i will give you Rs30,000 for your work . How can this possible even after applying full time cop but i will not become partner . please help me . tell me this will create any problem in future or any fraud. What is in his mind ? what is his planning ?
I think he will show me as a partner in form 18 of icai but in actual i m still employee
What is the difference between statutory audit and Tax audit? Who can conduct statutory audit?
can we change the statutory auditors if he is not responding to our income tax querries or notices and scrutinies please help me urgently
atul doshi
doshi1956@gmail.com
9222696558
If a private limited company is to be audited WHOSE TURN OVER IS BELOW 1 CRORE, IT IS NOT LIABLE TO TAX AUDIT
BUT THE FORM 3CD (as its is required in the case of Pvt Ltd. co) asks us to submit the sub section in point Number 8 of the Form No. CD AS TO UNDER WHICH SUB SECTION THE AUDIT REPORT IS TO BE GIVEN.
SO IF THE TURNOVER OF THE COMPNAY IS BELOW ONE CRORE THEN WHAT IS THE SOLUTION.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Provision of audit fees