I mr A having turnover of 1.9CR filling return under section 44AD is audit applicable to me ?
But my reciepts from sale are totally in cash what shall be the applicability for audit under sec 44AB ????

Eminent users and experts,

I would like to know the options of Statutory and Internal audit software. Is there any software which is used widely for conducting audits, processing of data (Excel or otherwise), analysis of data, sampling, generating exception reports etc and generating final audit reports?

Please suggest if there is any software available in the market. Web based or cloud based software is preferred.

You can also email me on mandar@mandarjoshiandco.com

Dear Sir/Mam,

I want to know what is the tax audit limit incase of those who are in Business and those in Profession for this financial year FY 2020-21.

Regards,
Divyesh Jain

Dear Experts,
Do a Gaushala (Registered under Societies act) in Uttar Pradesh is required to undergo an audit. What is the threshold of audit for a society. Is there any special exemption for Gaushala (Cowshed) related society.

Thanks in Advance

I need to know the limit ( number of audits) a CA can do as per ICAI guidelines? Are small private companies with Paid up capital less than 10 lakhs included in this limit ?

In accounts on our tally GST output ,Input and GST paid entry entered balance amount is payable or receivable .so I entered entry on march
Dr.GST paid
To GST payable ( is paid on April)
all the above is cleaar
Output
Input
GST paid and balance GST payable and yet some amount is shown in duties and tax side on balacesheet how to find it or rectify it

Hi,

please share anyone internal audit checklist for shopping malls

For AY 18 19 itr 7 was filed on 28th oct and form 10b was filed on 29th oct. Now notice 143 1 a is received saying audit form is not filed on or before due date. They disallowed whole amount claimed as deduction. How to reslolve this

An institution has one & only normal bank account. On 31st MARCH the bank allowed an overdrawn amount to overcome some essentials. So now bank balance is negative position.
What will be the treatment in R/P, I/E and BALANCE SHEET. Please clarify.

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.