As last year, the assesee falls under the tax audit.but during financial year13-14 the receipts were below the tax audit limit.
so kindly tell me whether is it mandatory to do tax audit once we fall under the audit.
Regards
Ritu Raj.
If design for letter head is provided by the client, only printing is done by the stationey owner. Do we need to deduct tds? The stationery owner does not charge service tax in the bill.
Please share the new Statutory Audit Report for FY 2013-14
Tax audit u/s. 44AB is compulsory also for those assessee whose net profit margin is below 8%.
My query is why the assessees who are engaged in the rationing business required to get its books of accounts audited u/s. 44AB because of lower net profit margin when such lower margin is fixed by government itself.
Pls suggest the treatement of following issues in tax audit reporting/ Accounting:
(1) Fee paid for delay in filling of TDS Return U/s 234E whether allowable expense? Does require separate reporting of it in 3CD report?
(2) What will be considered as the date of payment for reporting of "ESIC" & "PF" ?
Whether it will be be:
"Date of Challan Presentation to Bank"
OR
"Actual date of its clearance from the Bank"
Pls suggest urgently.
hi req u to suggest the best book for accounts n audit for cs executive.
We have franchise of zee for Preschool ie Kidzee.could tell me Audit limit for that?
As per Companies Act 2013 duty of auditor if he resigns :
Auditor is required to file a statement specifying the reasons and fact of resignation within 30 days of resignation with ROC and company or CAG in case of Govt. Companies. If auditor fails to comply with above mentioned provisions then he shall be punishable with fee of Rs. 50,000- Rs. 500,000.
which form is used for filing of the Form ADT-3 by the auditor with the the ROC ????
Please tell. it is urgent
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Tax audit u/s 44ab