Hello every one,
I have a query on Impairment loss.
Q1) Whether you will write off of the full value of asset (Building) when you have impairment(i.e, Building has been demolished in my case) ?
Q2) What kind of supporting document you can find while doing audit and IT scrutiny ?

Please take it as urgent.

Thanks in Advance.

If a person has taken a property on rent and incurred expense on renovation, can this expense be capitalised

please qoute section for your answer

if CA doesn't possess cop and still he signs tax audit then what penalties are leviable?

Dear Sir,
I have joined a medium sized Audit firm which offers only Tax Audit & Filing of Income Tax Return of Individual,HUF,Trust & Partnership Firm..My Question is wheather it will affect my future Professional life as a Ca..

Plz reply suitably..
Thanks in advance....

Mr x is staff of bank.he made fixed deposit in bank for the period of 2 years on 1st november, 2012 for rs.30000.if he resigned on 15th of january, 2013.then what is the treatment for the interest ? whether he will receive rate of interest as a staff or as a general public ? please let me know the guideline for the above.

can the auditors remuneration be paid in the shares of the company
when at the time of appointment and during the audit period the auditors does not hold any shares of the company
and fulfills all the qualifications of the independent auditors.

while doing vouching i see revenue tickets being pasted on vouchers for beyond a certain cash limit. what is the purpose of this revenue tickets?
Does revenue ticket make vouchers enforceable in the court of law (or being a legal paper)?

What is a Multipurpose Empanelment Form?

What is RBI Unique Code?

I Qualified in 2013, is it possible for me to get a RBI Unique Code?

Please Reply Experts

Dear sirs,

Kindly tell me, what are the criteria for applicability of cost audit under companies act 2013.

Any help would be greatly appreciated.

Thanks in advance.

What points to be kept in mind while doing audit of Mahindra Finance.