Vipin Rathi
17 September 2011 at 16:41

Whats about accounting treatement

Dear Sir,
I Have Raised A Sell Bill Amt. Rs. 12,00,000 In The Month Of March 2011. (Sales international Package tour). But Tour service Provided In The Month Of May 2011. After The end Of The F.y. And Co. Also Booked Hotel , Transport And Other services Current F.y. So. In This Case My last Year Profit Is increase By rs. 12 Lac And C.Y. Loss Rs. 12 Lac. Pls Tell Me About Accounting Policy And Procesure


Vipin Rathi
17 September 2011 at 16:27

Whats about accounting treatement

Dear Sir,
I Have Raised A Sell Bill Amt. Rs. 12,00,000 In The Month Of March 2011. (Sales international Package tour). But Tour service Provided In The Month Of May 2011. After The end Of The F.y. And Co. Also Booked Hotel , Transport And Other services Current F.y. So. In This Case My last Year Profit Is increase By rs. 12 Lac And C.Y. Loss Rs. 12 Lac. Pls Tell Me About Accounting Policy And Procesure


Satyanarayana.B.V.M

Plz.clarify,
Is there any requirement that an internal auditor should be a qualified CA for the purposes of reporting under the CARO?



Anonymous
17 September 2011 at 03:32

Reg. tax audit of individual

Dear Experts

Please guide me regarding "how to conduct the Tax Audit U/s 44AB of a Individual who is sole proprietor of a firm & also doing business in personal name"


Does require to prepare two(2) separate Audit Report or one(1) single Audit Report????

[Please note that turnover of both business exceeding60 Lacs individually)


Further please throw light on following points also if COMBINED REPORT is to make:

1. How to report in 3CD ??
2. How to report Annx.I ??
3. How to Fill financial figures in ITR??

Please also suggest what precaution require to be taken regarding the case under consideration.

Thanks very much in advance for the valuable suggestion and time.

Thanks & Regards


Guest
16 September 2011 at 17:22

Tax audit

sir,

there is a private ltd. company having turnover 20 lac

so compulsory audit will b applicable.


sir please inform me, weathere it is a tax audit??will it be counted for 45 limit if turnover is less then 60 lac???

in which form(3ca/b) we have to report it??


ratnadeep ambukar
16 September 2011 at 16:55

Quotation requirement - charitable trust

Are 3 quotations compulsory for any purchases above Rs. 5000/- as per charitable trust act



Anonymous
16 September 2011 at 15:11

Sim card purchase

If i m authorised person of the comapny in Admin. department, then i m how many sim card purchase in the name of me but only for official purpose...?
(this query asked by statutory auditor...)


Priyanka
16 September 2011 at 13:10

Fixed assets

Hi,

I am conducting the audit of a hospital. With regard to the same pls tell me whether the instruments used in the hospital should be capitalised or charged to revenue a/c

Priyanka


CA. SUNIL KUMAR PATEL

PLEASE SEND FORMAT OF AUDIT REPORT IF AUDIT MADE U/S 44AD, MEANS LOWER RATE OF PROFIT ( FROM 8%)






Avin Shettigar
15 September 2011 at 17:12

Caro 2003

Eg: A ltd was changed to Private Ltd company during Nov 2011. Whether the CARO is applicable to the company for the year 2011.
Pvt. Ltd Comp has not satisfied the Cumulative conditions.
1. Paid up share capital does not exceed Rs. 50 Lakhs.
2. Company does not have loan outstanding from bank or any financial institutions exceeding Rs. 25 Lakhs.
3.COmpany does not have a turnover exceeding Rs. 5 Crore.





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