Dear Sir,

What is the maximum limit of Depreciate of Asset can be allowed as per the companies Act.

For Example: If the Asset value is Rs. 1000/-
asset purchased in the year 2004,Asset life is 10 Years, every year 10% of depreciation is allowing. In the year 2014 the Asset value is becoming Zero. The asset is still useful condition.

My Question is what is asset value to be kept in the fixed asset register. If possible can you provide any case laws.

I'm a direct entry student, I just completed my coaching class, they give coaching for Nov 2014, I write exam for May 2015 because I'm right now doing Articles. please help me any changes in Nov 2014 syllabus & may 2015

freinds, while signing the balance sheet of company it is written that balance sheet of even date what is meaning of even date balance sheet.

the management of a company presented an expert report to the auditor.


the auditor challenged the same.

so will it be covered in SA 500(audit evidence) OR SA 620(auditors expert).

in one text book its sa 620 and in another its 500.

kindly comment.

for nov 2014 attempt which form of 3cd would be applicable new one i.e latest changed or old one? and is there any change in auditing for nov 2014 other than chapter x and ix

Whether cash Payments for Purchases exceeding Rs 20000/- to be disallowed?
and what if cash sales exceeding Rs 20000 and amount to be received on a single day with a single bill?
Applicability of above section for Drawings and in case of expenses which are paid to Govt. like electric expenses etc.

Hi frnds !!! Can anyone tell me the extent of applicability of co act 2013 in ipce audit exam in nov 14 ?

how to get audit assignment

Dear sir,how to cancellation of din and which procedure follow? which documents are submitted?

as notified the new tax audit report is applicable for a.y 2014-15. what are the implications if the reports for individuals are alreadry finalized and signed ..do dey need to be revised? what if there is no impact of changes to the finalized report?