Hi, One of my client deposited Rs. 1 crore in his saving bank account. And his case is selected under scrutiny, now the AO want his account to be audited to show the details of Rs 1 crore. My question is,that his business income/ turnover is less than the limit under sec 44AA and 44AD. So is it compulsory to do Audit. Provide details with relevant case laws.

Thanks in Advance

any body have easy notes on vouching

Dear Sir / Madam,
I am a AICWA and now working on full time employement in a company..I want to know the eligibility of Cost Audit for part time to conduct an audit of cost Records under 233B of the Act..subject to working for full time employement in a company..

Whether a chartered accountant in practice can enter into partnership with an advocate?

i am doing audit from surbhi bansal. I am having problem in in doing 1st 4 chapter from there namely internal audit intro to audit basic concept of audit prepration for an audit. kindly help he by providing some technique to all these chapter. The main problem i am facing is learning part.

Tax audit query. form 3cd clause 28 mention the details of vat for previous year means for examples income tax return filed fy 2012-13 for form 3cd mentioned vat details fy 2011-12 or 2012-13

which is correct

Hi Experts,

Gud Mrng!I need to review P&L of SME for the month of Sept and compare with Aug.Please let me know the Areas and way to review.I had only basic idea of reviewing like increase in sales but decrease in profit etc...

Thank You!

from where can I get some good practice material for case studies (along with suggested answers) related to standards on auditing????

If a person owns two business units registered with two different names. As I know we can file only one audit report of a single PAN holder. But how we will file If that individual holds two business units.

Dear Members,

We are the manufacturing company of Fabrics, and various counts of Yarn. The turnover for the year 2010-11 is around 46 Crore and for the year 2011-12 it is around 37 Crore and for the last year (i.e., 2012-13) it is 48 Crores.

Under which category we have to make compliance? Whether to file Cost Audit Report or Cost Compliance Report. What are the eligibility criteria applicable for our concern.

Kindly clarify the same.

Thanks in Advance

With Regards
Arunachalam Muthalagappan