I have taken a loan from bank for purchase of a flat to be given to employees on minimum rent. The loan got repaid within the same financial year. Such property is to be shown as investment property, can interest be capoitalised as per AS-16 read with AS-13

I am a semi experienced Article, and i am performing bank concurrent audit for my firm, i want to know that, HOW can i verify Form 16 Provided by Borrower's to bank for Finance, contains genuine Figures.

i have to book commision invoice as on 31/12/2011 of $2000
I am not geting the exchange rage as that was Saturday.
which rate is applicable? - rate of 30/12 or 2nd jan 2012.
pl guide
thanks in advance

PLEASE ANSWER ASAP
PAYMENT MADE TO A TRANSPORTERS FOR THREE DIFFERENT GR'S EXCEEDS 35000/- IN AGGREGATE WHETHER SECTION 40 A (3) WILL BE ATTRACTED OR NOT

Dear All
Please send me checklist for verifying documentation of loans & advances of Banks such as Vehicle loan, Housing loan,Educational loan CC facility, term loans etc..my email id is jain.s.prema@gmail.com
Thanks in advance

As per CARO 2003, what is the requisite qualification for appointment of internal audit by entity.

Dear Friends,

Assessee had received a COMMISSION alongwith INCENTIVE of his service for Rs.62.75 lakhs for the AY 2011-12.

Is this accounts AUDITED u/s. 44AB or not?

Especially my doubt on 'INCENTIVES".

Awaiting the response immediately.

Dear Sir/ Madam,
I want to know AREA CODE, AO TYPE, RANGE CODE & AO NUMBER for SHASTRI PARK ( DELHI )/LINK from where I can find it.

Thanks & Regards
S.A.SAJJAD

What would be consequences, If Company Fails to intimate to their Auditor for their appointment within 7 days of AGM...Pls Reply Its urgent..............

What is Meaning of income liable to contribution under The Bombay Public Trust Act,1950 Schedule ixc (vide Rule 32)