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dhaval shah
19 July 2011 at 12:18

scope of audit

hello sir

my client has turnover of Rs. 5915000/- (excluding VAT) & having vat of Rs.203844/-.

Is it liable for audit ?


thank you


SUMRANI SADIQ
19 July 2011 at 00:05

AUDIT ELIGIBLE

DEAR SIR,

MY CLIENT TURN OVER ANNAUAL 40 TO 50 LACS HIS PROFIT RATION WITH 3% WITH TRADING
NOTE MORE THAN 3% BUT LESS IF CUSTOMER PAYMENT GIVEN BEFORE DUE DATE WE DEDUCT 1% OR 2% AVARGE OUR PROFIT RATION IS 1.5% SO OVER LIABILLTY FOR AUDIT UNDER SEC.44AD


THANKS`S & OBLIGE



Anonymous
18 July 2011 at 21:28

Assurance services

Sir, is assurance services provided by ca firms are meant to be audit by firms? What kind of services a firm can provide in this regard?


SOUMYA I SHETTY
18 July 2011 at 12:23

Allowability of expenses

If Sales of Rs. 100 is not considered while doing tax audit of F.Y.2009-10. But later at the time of vat audit,there was a vat liablity of Rs. 12.5 on the above sales of Rs. 100.This liability was paid in F.Y.2010-11. No provision of such vat was done in F.Y.2009-10. So in F.Y.2010-11 whether such expenses is an allowable expenses. If no then what is the effect of such payment.


E. SATHISH
18 July 2011 at 11:28

U/s.44AA

Who should maintain accounts U/s.44AA


satish kumar voleti
18 July 2011 at 10:19

AUDIT OF MEDICIAL INSTITUTIONS

A firm is appointed as auditors of a private Super specialty Hospital, can the auditors have access to the patients case sheets for verification.


divaker jain
17 July 2011 at 18:52

audit by new CA for Pvt. Ltd.company

Sir,
If the director of the Pvt. Ltd. co. does not want to continue with the old CA for audit purpose, then what are the formalties to be undertaken by new CA from the directors of the co.
Further if the old CA does not give the NOC & directors had not incorporated new CA in the last AGM, what the directors can do to appoint a new CA at this stage?
My email id is ca_divaker@yahoo.com
Thanks in advance.



Anonymous
17 July 2011 at 17:19

Full Forms

SRE 2400, 2410
SAE 3400
SRS 4400, 4410

What is the full form of these terms.
SRE, SAE, SRS


Indigo
17 July 2011 at 12:51

Inventory or stock control

Caan u share resources r methods of having stocks under control from being looted r staffs taking advantage for stocks being in various branches.



Anonymous
17 July 2011 at 00:04

Maintenance of ledgers

In computer environment does a district co-operative bank has to take copies of general ledger day book etc
whether the managers to put their signatures to authenticate the same






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