Audit QnA - Page No 216

All Resolved Open

Anonymous

18 October 2013 at 23:47

Tax audit u/s 44ab of fy 2011-12

Sir,

Can I accept tax audit u/s 44ab of FY 2011-12 and if yes how do I report the belated return and tax audit in 3cb & 3cd. And the client has not done vat audit and has unpaid vat dues.

kindly guide me.

thanks

MOHIT JAIN

18 October 2013 at 18:39

Is tax audit compulsory if company is incurring loss

A private limited company has a gross receipts of Rs. 19,254.00 and it has incurred loss of Rs. 1282.
Is the company liable to get its accounts audited u/s 44AB of the Income Tax Act, 1961 for the AY 2013-14.

chahat kathpal

18 October 2013 at 15:11

Query

what is the definition of relative in auditing..??

Anonymous

18 October 2013 at 13:10

Turnover limit

What is the turnover limit to get audited for an IT company?

Is it 1 Crore?
I'm just confused as IT companies are professionals, and the limit for professionals is 25 Lac.
So, which limit will be applicable on an IT company 25 Lac or 1 Crore?

Varsha Agarwal

17 October 2013 at 14:10

Internal audit of college

Please provide me with a checklist for internal audit of a college and the various aspects related to its laws & regulation.

Sushant Mahajan

17 October 2013 at 10:07

Applicability of s. tax on h.p. interest for individual

If assessee is an individual and engaged in the business of financing purchase of goods on Hire Purchase, will Service Tax provisions apply on interest received in this?

Please reply.

Anonymous

16 October 2013 at 15:19

Can a company have different tax and stat auditors

Can a company have different Incometax and Statutory auditor??

Meenakshamma

16 October 2013 at 12:39

Revised audit report

Thanks in advance, Sir, Can Audit Report be revised after submission of Audit Report

Anonymous

16 October 2013 at 12:28

Clarification required

Sir,

If Form 3CD is filled correctly but Annexure A of 3CD filled with the wrong figures what will be the effect of this, Please suggest.

Thanks

Anonymous

15 October 2013 at 14:09

Applicability of t.d.s. in case there is no tax audit

Dear All
Please Clarify

A proprietary concern(Assume a CA ) was liable for tax audit for A Y 2011-12 and A Y 2012 13.
After increase in Audit limit the firm has no tax audit in last A.Y.
Please tell me whether the prop firm is Liable to deduct TDS in the next financial years