Books of company shows a travelling expenses of Rs.100000 for which cash payment has been made similarly for the same purpose it has withdrawn a cash from its bank of Rs. 100000i.e at first it withdrew a sum of Rs.100000 from bank and paid to the concerned party. does this transaction violates the provision of Sec40A(3) of Income tax. I would be Grateful to anyone who could solve my query.

Dear Sir,
I am a CA holding full time COP, I am signing the internal audit report of a Company but recently i got a job in a psu now my question is.
1) Can i continue signing the internal audit report by holding a part time COP?
2) can a company change its Internal Auditor in the mid way if i resign.
3) does signing a Internal audit report comes under the ambit of of certification.

Is only a CA Who is in practice for more than 5 years can use FCA or a ca who is in job can also use FCA after 5 years.

If we are pvt.ltd. co and we are providing material to a contractor and issues instruction to contractor on how to work on the material.Now the contractor issues a bill of 35000 so wether tds u/s 194C will be deducted ?

Can we show generator petrol expenses under the head electricity charges?
I found this mistake in audit

(i) What is the legal status of a school/college that runs under the aegis of a trust and whose separate balance sheet were prepared??

(ii) And also in some cases trust is not having any receipt but school is having it above the limit of sec.44AB; so whether tax audit applicable?? if yes then to whom??
kindly give the reference.

how to study auditing

There is a Airline Travels Company who purchases tickets for resale on which it receives Agency Commission.
If Commission earned is 30,00,000/-
Whether Tax Audit is applicable to the company??

RESPECTED SIR,
I HAVE GOT 34 MARKS THIS TIME, AS I HAVE STUDIED FROM SURBHI BANSAL BOOK AND PRACTICE MANUAL, I HAVE AN ATTEMPT OF ONLY 74 MARKS, PLEASE SUGGEST ME ANY OTHER BOOK AS I HAVE NOT GOOD KNOWLEDGE OF STANDARDS WHICH I FELT THAT THE WEEKEST POINT FOR MY FAILURE THIS TIME, PLEASE SUGGEST ABOUT THE PREPARATION OF AUDIT FOR MAY 2014 EXAM. AND BOOK OTHER THAN SB.

DEAR SIR / MADAM ,


PLEASE GIVE ME CLARIFICATION ABOUT MY SITUATION I HAVE EXPERIENCE IN CA FIRM 8+ YEARS NOW I AM GOING TO JOIN IN (CA)IPCE ON DIRECT ENTRY SCHEME AFTER JOINNING IN CA ARTICLES WILL BE STARTED WHAT SHOULD I DO CAN START MY ATRICLE NOW OR EALSE USE MY EXPERIENCE TO ARTICLES IF I WAS JOIN IN ARTICLES MY ENTIRE LIFE GOING IN CA FIRM ONLY ( 8.6+ 3YEARS)(EXPERIENCE + ARTICLES TRAINING)


PLESE GIVE ME THE CLARIFICATION CAN JOIN CA OR NOT