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
our company does not come under cost audit as per the criteria prescribed i.e Turn Over , Net worth or listing in any stock exchange, but the product manufactured is come under the "Product Group" classification so whether cost compliance audit is only applicable.
Mr.X, a partner in X & Co., a firm of a Chartered Accountants, died on 31-03-2013 after completing routine audit work of XYZ Company Ltd., Mr.Y another partner of the CA firm signed the financial statements of XYZ Company Ltd., without reviewing the financial work done by assistants.
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Land purchase by builder