Arpit Jain
08 December 2012 at 16:26

Appointment of auditor

i have got my COP on 7/9/12
there is a company which was incorporated in may 2010 and has not appointed any auditor

can i become the auditor of that company

09784498412
CA Arpit jain


Rakesh D Chauhan
08 December 2012 at 15:23

Cash transaction

DEAR READER,
I WANT TO KNOW THAT CAN A COMPANY MAKE A CASH TRANSACTION WITH DIRECTORS AS LOAN.
I WANT TO KNOW THAT ; IS THAT SIMILAR TREATMENT AS A CASH PAYMENT ?


PLEASE NEED GOOD ANSWER.

REGARDS:
RAKESH


Ramalinga H.B
05 December 2012 at 19:02

Money transfer to fcra account

Dear Experts,
Can a trust registered under FCRA do transfer the fund from its normal account to FCRA to keep the minimum balance? The law restrict to receive any other fund other than foreign contribution in FCRA Account. The trust do not receive any foreign contribution till today, but bank is asking them to close the account if they don't make any deposit in the account


Ramalinga H.B
05 December 2012 at 14:23

Fund transfer to tfcra account

Dear Experts,
Can a trust registered under FCRA do transfer the fund from its normal account to FCRA to keep the minimum balance? The law restrict to receive any other fund other than foreign contribution in FCRA Account. The trust do not receive any foreign contribution till today, but bank is asking them to close the account if they don't make any deposit in the account.


PARDEEP KAPIL
05 December 2012 at 13:48

Audit report

Dear Sir / Madam

Good Afternoon !

During an income tax scrutiny case of my client in SEZ zone, the assessing officer is asking for NCCB audit report for exemption u/s 80 I of income tax act. Kindly clarify the same and please send me a format.

Thanking you,

Pardeep Kapil
09350097157


Jainam Shah
04 December 2012 at 18:17

Revised schedule vi

Dear Sir/Madam,

Can you please let me know that why salary payable is not considered as trade payable and is shown in other current liability even though trade payable includes payments for utilization of goods and SERVICES?



Anonymous
04 December 2012 at 12:40

Small and medium sized company

I'm currently making a Balance sheet for a period of 18 Months i.e. from the date of its incorporation til 31st March, 2012. Will the normal checklist of SMC apply to check if the company is an SMC or not


Dipesh J. Baghmar
03 December 2012 at 15:19

Director disqualification u/s 274(1)(g)(a)

1. If a director is holding directorship in any dormant company and also that dormant company has not filed form 32 and Din 3, then whether such directors are disqualified under above section and any other section.
2. Also whether such director has to mention name of that dormant company while giving disqualification certificate to other companies in which he or she is director.

pls reply urgently....



Anonymous
02 December 2012 at 18:46

Corporate social responsibility (csr)

Our client presented a Car to sports person who won a medal for India and showing such expenditure as CSR is that correct tretment? if so does it attract any tds provisions? i.e., @30% on gifts



Anonymous
02 December 2012 at 17:42

Fixed assets

Dear Experts,
Please provide guidelines on how to audit fixed assets additions and deletions. What areas should be given importance?
Thanks in advance.





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