Anonymous
19 July 2013 at 18:59

Director remunaration

company has not deducted TdS on director remunaration(U/S 194J @10% but deducated Tds as per salary slab considering salary.

can remunaration can be considered as salary.


Hima
19 July 2013 at 18:51

Director remunaration

company has not deducted TdS on director remunaration(U/S 194J @10% but deducated Tds as per salary slab considering salary.

can remunaration can be considered as salary.


rohit
19 July 2013 at 15:41

Audit procedures

•Determined the scope of audit procedures and assignment schedule

• Possess knowledge of audit functions, defining audit schedules


I HAVE SEEN THIS IN ONE OF THE CV

WHAT DOES IT MEAN?


chanchal

How to prepare auditing for exam purpose?



Anonymous
19 July 2013 at 11:14

Trust audit

How to incorporate SA 700 in trust audit for A.Y. 2012-13??

is it required to give reference of SA 700 in the Audit report which is required to be submitted to charity Commissioner?

What about reference of SA 700 in audit report in Form NO. 10B which is required to be filed to Income Tax department by e-filing??

How to tackle all this questions???????


ramesh
18 July 2013 at 18:12

Investment in property- as 13

Whether payments made for property under construction based payment system whose possession are not received as on the reporting date should be classified as Investments under AS 13 or a Non Current Advance?
AS 13 defines- An investment property is an investment in land or buildings that
are not intended to be occupied substantially for use by, or in the
operations of, the investing enterprise.
and
Investments are assets held by an enterprise for earning income by
way of dividends, interest, and rentals, for capital appreciation, or for
other benefits to the investing enterprise.

Seeing the definition, any investment should be HELD or should be in POSSESSION to classify as an investment under AS-13.

But in substance, making payment for such investments is equally good to a procurement of a property. The value for the potential property which will be allotted increases in the same trend, had the money be invested on other ready to move properties. As the capital appreciation of the PAYMENT made is also increasing, the purpose of making payment is proved in favour of classifying them as investment.

I am getting confused about requirement of AS. Please suggest.



Anonymous

THERE IS STRICT PROVISION FOR FILLING OF 3CA/3CB AND 3CD BY DIGITAL SIGNATURE OF AUDITOR.

IN CASE OF AUDIT U/S 44AB IS CONDUCTED OF AN ASSESSE WHOSE T.O IS LESS THAN RS.100 LACS AND THE PROFIT IS LESS THAN 8% OF T.O.

IN THIS CASE IS THERE ANY PROVISIION FOR FILLING 3CA/3CB AND 3CD SEPARATELY BY THE AUDITOR THROUGH DIGITAL SIGNATURE.

IF YES , THAN HOW THE LIMIT OF 45 TAX AUDIT SHALL BE CONTROLLED BY THE ICAI.

PL CLEAR IT



Anonymous
18 July 2013 at 11:59

Gross profit

what are the factors that lead to increase in gross profit and how does undervaluation of opening stock increase gross profit???


deepa kapoor
18 July 2013 at 10:12

Very urgent

Is there any change in the Audit Report of Co-operative Housing Society? If yes, then please upload the revised version at the earliest.my mail id is deepakapoor14@gmail.com


Nishit trivedi
18 July 2013 at 08:15

How to pass audit ??

I work so hard in audit . I refer urvish shah for audit ... Last time i got 42 marks .. I work hard in audit and got 25 only this time .. I am not able to find my faults ... Please suggest what the insitutite demands . ??? Please suggest referce book for audit ...





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