an pvt ltd co. has given interest free loan out of surplus fund to its group co. (mentioned in register maintained u/s 301).whether this will be treated as Prejudicial to the interest of the comapany for CARO Report [i.e. The companies (auditor's report)order 2003]

hey can anyone tell me which is the best book to study audit from for PCC??? I'v tried Surbhi Bansal but i dont think thats enough. suggestions plz :)

A CHARTERED ACCOUNTANT CAN SIGHN 45 TAX AUDIT IN A YEAR.NOW IF A FIRM TURNOVER IS LESS THEN 60 LAKHS , BUT HE WANT TO DO AUDIT , THEN WOULD BE ADDED IN THAT COUNTING (45 LIMIT)..........URGENT & IMPORTANT ....

would like to know if the company's net worth exceed Rs. 50L , than is it compulsory to appoint Internal Audit & should this internal auditor necessarily be CA

What if Company has its own internal audit team

sir
how i score good marks in ipcc nov.11

respected sir,
one of my client having dsc from finance company says tata finacial service and gatting the commission aftr deducting TDS us 194H which is nore than the 15 lacs during the year, whether the tax audit is rewuire thought the profit is shown more than the 8% in that case????? or other wise
??

My Client is into toll & octroi,i would like to know how should i check revenue in such case as there are too many receipts and even want to know how to keep track of cash since the business majorly runs on cash. revenue is in cash & expenditure is also in cash,it becomes difficult to check the genuineness of the transaction

my firm may undergo for peer review next year. this being my 1st year of audit, i would like to know what all documents required to be maintained

My turnover of business is Rs. 58,00,000/- net of VAT for FY 10-11 and VAT on above is Rs. 2,32,000/- @ 4% . M i liable for tax audit U/s 44AB of Income Tax Act 1960?

Can SAD (Special additional duty ) for imports can be availed as credit completely during the same year both for materials and capital goods or whether the the SAD has to be carried forward 50 % for capital goods as in the case of CENVAT credit.