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

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

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

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


Amitabh Barooa
15 October 2013 at 13:34

Audit committee of the comapny

Sir,
Please read the case as below,
One person has been nominated as an Independent Director of a Govt Company by the concern State Govt. That very person has been a Supplier of various goods as well as buyer of products from the same Company for a long time. Further, the said person has also been made a member of the Audit Committee by the Board. To the best of my knowledge, person having pecuniary relation with a company can not hold such position.
May I know your take on the subject and some more insight to this type of a situation. Is it legally tenable, as far as the new Company's Act is concern.
Thanking you,
Yours truly,
Amitabh Barooa
+919435048010


Sushant Mahajan

If an audit report(3CB-3CD) was filed but in the attachments, for balance sheet and Profit and loss A/c only 1 page each for both was uploaded without any annexures.

Are there any consequences of filing revised Audit report just to correct the mistake in these attachments?

Please reply. Its very urgent.






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