JAYANTA KUMAR BANDYOPADHYAY
25 June 2020 at 15:50

Form 15CB

We as importer received insurance claim from China Insurance Co , as the vessel got sunk and since we did not make any payment to supplier initially. This we are holding in trust and would part with . But Practising CA refuses to sign Form CB citing that insurance code in Form A2 could be used by Insurance co only. Then how to send back money to China based supplier as we on their behalf lodged insurance claim and received the amount. Bank is asking for 15 CA-CB. Kindly guide.


SHAMNHU NATH TRIVEDI
15 June 2020 at 12:36

BANK AUDIT REPORT

We have Completed our Bank Branch Audit Report, Now CSA has Revised Bank Branch audit Report Format Whether we Can Issue Revised Report with New UDIN mentioning Revised Audit Report


MAYANK CHOKHANI
05 June 2020 at 19:56

Casual Vacancy of Auditor

If an auditor gets disqualified to continue audit after 2nd year and then again becomes qualified after a year, can he be appointed for new term of 5 years or the remainder term of 2 years or 3 years ..

Thanks in anticipation of answer


Prabin Paudyal
29 May 2020 at 14:03

Post Data Migration Audit Plan

Hi

We are planning for an audit of data migrated to a better platform from the previous POS platform of a healthcare industry. Could someone please suggest the audit plan checklists ?

Thanks in advance



raghavendra b
25 May 2020 at 16:46

CHEQUE RECEIVED

DEAR SIR,

AMOUNT OF RS. 8880/- ONE CHEQUE RECEIVED FROM OUR CUSTOMER NOW WE HAVE NOT ISSUED A SALE BILL FOR THAT AMOUNT. WE ARE TRADING EXEMPTED GOODS. NOW QUERY IN THIS REGARD HOW CAN TREAT THIS AMOUNT WHETHER TRANSFERRED TO PROFIT AND LOSS A/C AS INDIRECT INCOME OR SUSPENSE ACCOUNT. BECAUSE SUSPENSE ACCOUNT IS NOT POSSIBLE BECAUSE WE KNOW THE CUSTOMER BUT NOT ISSUED ANY DOCUMENT FOR THAT AMOUNT

PLEASE CLARIFY ME,

REGARDS


T.T.VIJAYAPRAKASH
14 May 2020 at 13:15

Gst

Mr.A TRADE LINK WITH AMAZON FOR HOME NEEDS PRODUCTS WITH GST INVOICE. (SALES BILL 10,000/- GST 5% 500/- TOTAL RS.10,500 )THE AMAZON PARRED FOR SERVICE TAX WITH GST ( P BILL FOR 10% ON SALES AMOUNT).
MY QUERY IS Mr. A HOW TREAT THIS SERVICE UNDER THE HEAD OF ACCOUNT
TDS APPLICABLE OF SERVICE BILL

THANKS .


ArpanGoenka

Our Hon. FM have announced of increasing threshold limit for auditing for msme from 1cr to 5 cr. We are unable to get official notification. Pls give link. my email id arpangoenka@gmail.com


G.SARAVANAN

kindly give me experts opinion


Helper
29 April 2020 at 20:20

Cash flow under AS & IndAS

Dear Expert,
In movement in workingcapital,why we are including non current asset or liabilities.
Since working capital contains only current item.

Please explain


Premnath
21 April 2020 at 02:00

Contigent asset

Hi,

can one clarify me.
Our Company collected a performance BG from the sub-contractor and the sub-contractor seems to fail to comply his obligation. Hence we may invoke the BG next year. In this case can we disclose the performance BG value as contigent asset in Directors report

Please advise





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