A Public Co. have given loan to its director Rs.-89,95,000.00 & Rs. 94,21,335 to another Limited company, in which directorsof the supra are interested in it & Rs. 65,495 to another Pvt. ltd. co. in which also directors of the supra are interested. So, what as an auditor we need to report in the CARO Report as per sec 301, 299 & 298 of the companies Act& as per Clause 3 & 5 of CARO

Plz send me the format of audit report u/s 44AD.
and give the details which require to be taken care while audit u/s 44AD

Respected Sir;
I am an article of second year and my principal has assigned me a work related to audit of credit risk mitigation of a MNC bank. Kindly help me earnestly to know what to do regarding this assignment
regards.

what are the effects,on grin late . Does it effect revenue leakage or just affect co. to co. policy

Dear Sir,

One of my assesses is engaged in tour & travel business. He is received commission more then 5 lac.

Kindly advise to me he is liable for audit u/s 44ab or not

Dear Sir,

I am a member in practice. I have obtained a mortgage loan from a bank. I want to know whether I can accept appointment as the stock auditor of the same bank. In stock audit the auditor is required to express opinion on the financial statements of the borrower i.e. party of the bank. Stock auditor is not required to express opinion on the financial statements of the bank. So this is not a violation of the professional ethics in my opinion.

Kindly provide your opinion on the matter.

Thanking you.

in a newly started company one of the director withdraw cash from bank his own name .actually the cash used for need company preliminary expenses . i want to know about how the auditor treat the this transaction as cash withdrawal by the company or loan to director.

I had some questions related to Tax Audit of Co Operative Banks :
1. Why co operative Banks use word limited even when they are not registered under companies Act?
2. Whether Alternate Minimum Tax is applicable to Co Operative Banks?
3. Whether the provision for NPA made by bank is a allowable expenditure?
4. Whether AS 22 regarding DTA/DTL is applicable to Co Operative bank and what if the bank does not make provision of DTL or DTA?

Dear All,

Can anyone please provide me Concurrent Audit Format for CDR Audit.

Thanks in Advance

Abhishek Agarwal

My query is that one of my company having a turnover of Rs 100 Crores in the year 2011- 12 and Rs 90 crores for the year 2012 -13 whether the cost audit is compulsary for both years.

My company falls is a steel manufacturing unit.