Whether directors remuneration shown as related payment transactions in tax audit report?
A proprietor has bought a land for construction of a factory in future.For its purchase of land,a loan is taken for which interest is paid. The land has not been put to any use and No construction has yet started on the land.
Can the interest be capitalized until the land is put to use?
Can we follow AS 11?
A company is having paid up capital of 1.25 Cr and free reserves of -1.8 Cr thus resulting into paid up capital and free reserves a negative figure. Company doe snot have any loan in the books and also does not have any revenue booked into the books.
Does CARO applicable on such company? If yes why it is applicable as I think it has met all 3 conditions of Non applicability of CARO?
my co is a public co. having mining,manufacturing ,processing of sponge iron & coal and power generation as its main object. do cost audit compliance applies to my co.
PLZ PROVIDE MOA N AOA FOR FOOD DISTRIBUTION COMPANY
i wanted to know the format of audit report of co. who recieve govt. grant and basically it is a scheme runned by the goverment and what about disclosure requirement under AS 12?
A private ltd companies is being formed in F.Y 11-12 but no operation is being started.
In F.Y 12-13 manufacturing operations in being started form August month i.e purchase and other Manufacturing process.
So in this case should we add the expenses incurred during period 1-4-2012 to 31-7-2012 in pre-operative expense or we should expense it out in P/L.
if a partnership firm's turnover/gross receipt does not exceed 1cr and has a book loss, whether tax audit is applicable? & what if after deduction under 14A the firm has a profit?
I am trying to filling e audit report but at the time of digitally signing the report after browsing the .xml file, error show that " can't read the file for signing"
please help me.
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