Anonymous
24 December 2011 at 18:19

Assessment related matter

HI

RESPECTED MEMBERS

ONE OF CLIENT OF OUR OFFICE IS UNDER SCRUTINY ASSESSMENT AND IN SUCH OUR CLIENT DISCLOSED BY MISTAKE LESS COST OF ACQUISITION OF PROPERTY IN RETURN OF INCOME FOR CAPITAL GAIN,BUT IN ACTUAL COST OF ACQUISITION OF PROPERTY IS MORE THAN AS DISCLOSED IN RETURN OF INCOME.

SO CAN ASSESSING OFFICER ALLOW TO SHOW HIGHER COST OF ACQUISTION FOR HIS BENEFIT, AND I AM ARISING QUESTION BECAUSE IN IT INCOME TAX DEPARTMENT WILL LOSE BENEFIT OF TAX ALREADY PAID.

KINDLY HELP

THANKS IN ADVANCE.


CA Sarthak Goyal
24 December 2011 at 11:19

Mandatory cost audit

Is cost audit mandatory applicable to an industry in manufacturing of textile yarn and thread.


CA Mandar Joshi
23 December 2011 at 16:29

Compliances for a chemical company

please tell me what are the industrial and civil laws applicable to a chemical manufacturing company. The company is in manufacture of perfumes, aroma products.


rohit kumar
23 December 2011 at 15:35

Internal audit

dear sir,

please tell me about the best internal audit books with publisher names,

please tell me about the best internet sites on internal audit concepts,

and please guide me how am i become good internal auditor.





Anonymous

can chartered accountant in practice appointed as additional directors?


lokeshvel
22 December 2011 at 15:47

Best book

which is the best audit book for practical purpose i.e for 1st year article student


Anushka Kejriwal
22 December 2011 at 13:23

Communication with the outgoing auditor

As per Clause 8 to the Chartered Accountants Act, incoming auditor must communicate with the retiring/outgoing auditor.
What if there is a practical impossibility in doing this, for example, the old auditor has expired.



Anonymous
22 December 2011 at 12:16

Related party

Can statutory Auditor and Internal auditor of a Private limited company be Related Parties.??


Alan Angels Augustine
22 December 2011 at 10:14

Mutual funds - invested

Can anyone tell me how to deal with the investment item - Mutual Fund while doing the audit. What are the additional documents to be verified. And what measures to be taken if it has been fully redeemed? Is there any fixed period or can redeem at any time? How to know all these? What are the supporting documents to be asked for?


azhagan
22 December 2011 at 09:51

Types of audit

How to prepare the MIS?






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