Dear sir,
If an audited balancesheet contains fraud, can we restate figures in it and what is the liability of ca when he is not aware of the fraud and conducted test check basis vouching and erformed closing audit....
company is a listed company and balancesheet is already sent to sebi, roc etc
Pvt ltd company is incorated as on 1-4-12 but not started business operations and incured some expenses.The company is liquidating in same financial year .Please tell me Which Disclosures I have to Make While preparing Balance Sheet As Per Schedule VI.
How to prepair a Qualify report,
Problem-->26AS shows tds amt but in the books of account not mention.please sir suggest me.
Clause 9 asks for "whether books of a/cs are prescribes u/s 44AA, if yes, list of books so prescribed"
Acc to sec 44AA, a person carrying on business or profession is reqd to maintain necessary books of a/cs for AO to assess income if certain turnover/income/receipts conditions are met.
Acc to rule 6F, person carrying on certain PROFESSION are reqd to keeps the books mentioned in the list....
Now my question is, in case of business, what would be the condition when we would select Yes for clause 9 in 3CD report...or there would always be a no in case of business, as no list of books has been prescribed for it...
Dear sir,i have registered my properitor firm to comapany as pvt ltd. on jun 2010 for pharma product marketing.unfortunately financial crises i become to found very loss.i have not started work with this company .now i want to starts my work with this company what i have to do.
I have a partnership firm,and in F.Y. 2012-13, i have sales turnover of Rs. 2,80,000/- ( Rs. Two Lakh Eighty Thousand ) approx. I have net profit of Rs.8,500/= ( Rs.Eight Thousand Five Hundred ) approx.
In short my Gross turnover is below 1 crore and my NP is below 8%
So whether Tax Audit is compulsary in my
case, and if yes under which section.
Pls. advice.
Is audit required under Sec 44AB or any other Section of IT Act to carry forward f&o Loss if turnover is less than Rs 1 crore ????
My turnover in F & O is around 10 Lakhs & i have incurred loss of about 2 lakhs during FY 2012-13 AY 2013-14. To carry forward loss, will audit u/s 44AB will be required.
Also whether provisions of section 44AD will apply if accounts are not audited(i.e minimum profit of 8% of turnover/gross receipts)
Dear all
Kindly guide me about how to file the 24Q/26Q for government instutions.
or mail me the steps by print screen.
Con: hellowbala@gmail.com
09688067320
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Audited balance sheet contains fraud