deepak
27 April 2021 at 12:55

UDIN NUMBER RELATED QUERY

Timeline before which UDIN are to updated with respect to the audit report and certificates uploaded from 27th April, 2020 extended up to 30th April, 2021. QUERY Is that this is applicable only for audit report and certificates uploaded on 27th April, 2020 or after 27.4.2020 OR BEFORE 26.4.2020 DATE ALSO?


tusharthosar

I am only share income ? itr 3 file ? no account maintain & no Audit ?
ITR 3 File ?
But
error
If liable to furnish other audit report, mention the date of furnishing the audit report?
section code select ?
Please solution .


Sowmya.S.Balan

Sir, account classified as npa as on 31.3.21. But interest reversal done after balance sheet date but before audit. What to do
Whether Moc is required
Amount of interest reversed 12000


Shaik Shair Ali
31 March 2021 at 11:28

Calculation of profit for firms @8%

Dear Sir,
For partnerships firm for audit u/s.44AB profit above 8% shall include interest & remuneration to partners or not.
Thanks in advance


Jaison
24 March 2021 at 16:19

Revenue recognition-sales

Sir,
My company exports goods on FOB basis and CIF basis. At the time of year ending, goods will leave factory compound before 31st of March but the bill of lading date will be after 31st March.
My query is can I show the goods as "sales in transit" and form part of sales.71EA


Muralikrishna
14 March 2021 at 12:35

Professional Misconduct

Mr. A is a CA holding certificate of practice, is also holds directorship (by virtue of being a minority shareholder) in a private company (Company X). He appoints his junior Mr. B, who has passed CA and holding a separate certificate of practice, as an auditor in the Company of holding directorship. All the finalization of books, closing entries, preparation of financial statements has been made by Mr. A and Mr. B puts his seal and signature on the Financial statement without verifying the authenticity of the financial statement and without the approval of the board. The other Board member of X company not informed of the signed financial statements and later efforts are made to convince the signed financial statements. There are many irregularities that have been observed in the preparation of financial statements like lack of carrying out inter-company reconciliations, failure to get the bank confirmations, adjustment is made to related party books with the approval of the board, etc.
Now, the Majority shareholder wants to have a legal remedy for the above problem. Whether the above members (A & B) can be punished for the above wrongdoing.


SESHADRI GOVINDARAJAN
13 March 2021 at 15:16

Empanelment of concurrent audit

Please share me the procedure&guidelines for applying for empanelment of concurrent audit of Pvt. sector Banks
CA S.Govinda Rajan,FCA


Gudipati Roja
06 March 2021 at 17:33

15 months audit

Hi,

Can a statutory auditor conduct audit for 15 month period at the request of client. If so what are the tax & legal consequences??
Generally everytime we conduct audit for accounting year of 12m April to March.
This assignment is in addition to it.


CA.SIDDARAESHWARA GOWDA.A
04 March 2021 at 22:49

PF Trust Audit

Hi Everyone,
Kindly share the check list and draft Report of Third party audit of PF Trust .

ThanQs in advance.


gurram
05 February 2021 at 12:00

ESI & PF

I have a Building Construction Company and i give construction for contractors who will recruit the daily wage workers and the daily wage workers are not constant throughout year .
Is ESI & PF is applicable ? if Yes ,
Who is liable to Deduct "Building Construction Company" Or "Contractors"

Thanks in Advance.





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