if an assesee has more than one business whether the limit of rs 60 lacks should be applied business wise and not by aggregating the turnover of all the business of the assesse?
can a CA in full time practice can sign audit report without forming any firm in his own individual capacity means in his own name
I have just started the Practice. My firm is going to be appointed as an Auditor of a Private limited company. So, I want to know the formalities to be complied with by me as well as the said company.
Dear Sir, MAdam
I am Manjunath I have some doubt about foreign fund
One of my client register his company in Spain & also india Same company name But director is different. This is basical software company Spain company is main office
indian company software develop & rendering service but not raise the invoice to spain company just make a mail to spain company they have release the money to indian company eg (any other exepenses like overhead exp ,salary ) after they have received fixed amount from spain company for consultation charges.
so we have totally confuse.i don,t know how to treat the account please reply as soon as possible this is my humble request.
Pls tell me what points should i have to chk in TDS Return 26Q in Internal Audit, if possible kindly give checklist.
Thanks
Can a Chartered Accountant, being a member of ICAI(not having COP) doing a business, write words "CA" or "Chartered Accountant" in his visiting card of the business?
If asset is less than Rs.5,000 then full depriciation is to be claimed ???
And suppose for example i purchased a assembled computer in it there are many accesories present which i had purchased for less than Rs.5,000 then those all items have to be fully depriciated
Or
these assets are going to be integrated and i will take the cost of the whole computer for depriciation purpose or will go component wise ??
what is importance of legal and professional expense in statutory audit?
Sir/Madam,
X ltd has purchased Air Conditioner. For the installation of That AC they have rented a ladder ond paid rental charges of say Rs.600. Whether this charge of Rs.600 can be capitalised? and also say the related provisions in the IT Act.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Fixed asset register