What are the statutory restrictions on receipt of physical cash on sale of assets/ sale of goods/services? What are implications on recipient? Not concerned about the problems of cash payer.

Please quote the sections and specific acts if possible.

Thanks

Sir,

I have started new company under the partnership firm. I am registered in partnership deed as per rule. now i want to change managing partner. before that two partners both are equal partner. now i need to change managing partner. can you guide for me please

Regards

Hi,
A Developer / builder has purchased a land for Making Building and selling flats How should be the entry passed in builder books account.
Land under what group should been shown Please reply.

i want to know that on signing 45 tax audit reports in a year whether any member is required to give information about the same to institute?further how institute will come to know that only 45 tax audits reports have been signed by particular member and not more than that?

Please advice whether a CA can do the statutory audit of a share Broker where the CA himself has made investments in shares as a client.

Is it mandatory to get physical verification of assets to be conducted every year. If not, what is the time limit.

How to classify Pre operative expenses as per Revised schedule VI?

1. when we gift customer it is a sales pramotion exp, or office exp?????????????


2.in cash expenses evidance of later date than voucher date can be taken??
it can be taken of previous month??????


pls answer fast

It is possible to explain staff releated matter for payment exceeding of rs. 5000 like guest house exp. Paid and exps. Done for vegetables, medicals etc. for above 5000 , so revenue stamp required???
If payment to reiemburshment , stamp is required???

Sir
Please guide me how will i finalize Audit of Interest expense of CC a/c