Can an employee of an audit firm be a shareholder of the company for which the same firm carries out audit.

pls tell me points which we should need to kept in mind while doing SCHOOL AUDIT

can we do 60 Tax audit for Financial year 2013-14?

hv dere being any changes made in sec 226(3) of co. act 1956 regarding disqualification of auditor if he is indebted to client for more den rs 1000. is dis limit amended in co act 2013

Respected Sir/Madam, I am a C.A final student and I want to know about the bifurcation of marks among chapters of audit. Hoping for a soon reply as exams r verry near and m not able to revise it properly. Thank you

If turnover of purchase crosses 1 Crore whether a firm liable for tax audit under sec 44AB of income tax act

We have leading Ready Mix Conctete(RMC)plants all over India and having Turnover of morethan 100Cr.p.a. Now my query is whether our company applicable to Cost Audit for F.Y.2013-14.As RMC comes under CESHN 38245010.The said RMC comes under "Miscellaneous Chemical Products".Till last year(2012-13),we have filed Cost compliance Reports.Kindly resolve my query.

Sir in 11-12 we forgot to take one bank ac.in audit report.now v came to knw the ac.in 12-13.should we also revised our return in income tax Dept as this is an NGO having audit.or we can give effect in 12-13 Balance Sheet.if v revise return of I.tax what problems we will face.

Dear Sir, I m Sudeep From Raipur an assessee doing share trading personally. In ay 2013-14. I hv a loss of 34107 from intraday share trading. Being speculation loss Whether it should be audited? And if yes under which section? Books of ac's is required to be maintained? I hv heard that capital income and speculation income doesn't attract tax audits. Only normal business income comes under it. Also I hv admit it on my itr for carry forward without audit. And after sone time I hv received a notice u/s 143(1). In which department has added that loss of 34107 as profit under business and profesion head. And claim a demand of tax. What I hv to do? Pls clarify me thank you.

A very Happy Morning to you all.

My query is," the operations of company is closed from Jan 2013. Can you please clarify if statutory audit is required to be done, as there is no transactions between april 2013 - March 2014."

Will be thankful for your due anticipation

Regards & Thanks