when revenue stamps is needed on a voucher?

For the Asst year 2013-14 tax audit limit is upto 1 crore.A registered company who's turnover is less then 1 crore it is covered under which section. and what is the due date for filing of income tax returns and also elaborate what are the books want to maintain by that company.

Dear Friends

Can a Chartered Accountant accept the audit assignment at a lesser fees as comparison to fees paid to outgoing auditors???


will this amount to professional misconduct.


example :- a pvt ltd company is paying a sum of Rs 1,50,000 to the existing auditor but now company want to change their auditor at a lesser fees of 1,00,000 .


will this amount to prfessional misconduct

I would be entering 12th this June 7th onwards;

I would like to pursue CA, so would you guide me to move forward sep by step.

iS IT MENDETORY TO PREPARE BALANCE SHEET AND ROFIT& LOSS ACCOUNT OF PVT LTD AS PER REVISED SCHEDULE vi IN HUNDERED FORMET?

Please can any body tell me that, what is the way of presentation of closing inventory if it is valued at NRV (as it is less than cost)

there are two views

1) show closing stock after subtracting the value in closing stock.

2) create provision of diminish in the value of closing stock and show it as deduction in the notes of Balance sheet.

hello

i am going for an intervies...where internal audit skills is required....i want to know the answers of possible questions of internal audit of an hotel which may be asked in interview ....
pls help.

Hello,my attempt is in November 13. Are all the SAs in audit are compulsory to do?

I had a query with regards to merger effect to be given in the financials. There are 3 Companies A, B and C. B and C have got merged into A by pooling of interests method.

In this case the statutory audit of all the companies is 31 December 2012. The merger is approved by the High Court on 4 January 2013 and intimated to the ROC on 18 January 2013. However, the appointed date of merger is 1 April 2011. The Question is:-

Whether merged accounts can be prepared for the year ended 31 December 2012??

My assessment:
As per AS 14 if the When an amalgamation is effected after the balance sheet date but
before the issuance of the financial statements of either party to the
amalgamation, disclosure is made in accordance with AS 4, ‘Contingencies
and Events Occurring After the Balance Sheet Date’, but the amalgamation
is not incorporated in the financial statements.

However, while reading the same with context to AS 4 it can also be said that the condition existed on date of balance sheet and is known before signing of accounts and hence we can incorporate the same in the accounts.

Kindly advise or brain storm...

Dear Sir/ Ma'am,

What is the meaning of 'Central Statutory Audit'..??
How is it different from 'Statutory Audits'..??