i m having a partnership firm whose turnover is Rs. 77 lacs for f.y.2012-13 but incurred a loss of Rs. 15 lacs being first year. whether audit u/s 44 AD is applicable and loss can be carried forward if i file return before september-13.

Sir/Madam, I hav been offered INTERNAL audit department for Articleship?? Should i join? Please help me

Dear Sir.

Please Tell me sir my question is my company turnover upto 55 lakh and GP upto 9% and Net Profit upto 6.5% it will be come under tax audit or not please tell me now. I am from Kanpur U.P.
please sir help and tell me my firm is auditable or not.
Thank and regard

Dear Experts,

One of my Client is having a cloth manufacturing business (Kids Wear). Its Turnover during FY 2012-13 is Rs. 3 Crores. He is also running one more proprietorship business of Courier with a separate Trade Licence and its turnover during the year is Rs. 19 Lakhs. So whether both the business needs to be Tax Audited OR only the cloth business. Please clarify?

The turnover is less than 1Cr, but the clients wants to hv tax audit, now my ques is what is the procedure to follow for the tax audit of this prop firm. Is that also required to prepare the auditor's appointment letter & is it also neccessary to send intimation of that to the auditor as we used to do in case of companies.

If there are no transactions during the year in the account of unsecured loans/deposits, (i.e. opening balance is equal to closing balance and no transactions), is it required to be reported in clause 24 of Form 3CD? There is no amount accepted or repaid during the year. Is it needed to be reported in 3CD? If yes, how? Thank you in advance.

sir ,
what are the basic data require for preparing provisional balance sheet and which points should be followed while preparation of provisional balance sheet .How to calculate the bank over draft limits and formalities for getting bank loan based on provisional balance sheet and other details provided for me.
Thanks in advance sir.

if a proprietor purchases a property and subsequently pays vat on the same.Should that amount be capitalized to the cost of the property purchased?

is CARO applicable to private limited company if all three conditions should be satisfied or any of the one should be satisfied?.

44 ab