DEAR SIR
WHICH TIME IS COMPULSORY AUDIT IN BUSINESS
F.Y. 2010-2011 AND IN THIS YEAR COMPULSORY NET PROFIT DECLARE 8 % OTHERWISE AUDIT IS COMPULSORY I AM CONFUSING PLEASE ADVICE SEND ME

i have share trading business[i show income from share under business head]turnover 59 lac and profit 1 lac.salary receipt 60 thousand andint. receipt 60 thousand and int. payment 80 thousand.please advice me is section 44AD applicable to me.and i should audited my account

Pls tell me the amount to be deposited as "Interest on late deduction" and "interest on late deposite" of TDS in TDS challan in the following case :
TDS for april 2010 - Rs. 1000
TDS For May 2010 - Rs. 5000
TDS for march 2011 - Rs. 10000
The above amount not deducted till yet and the total amount of TDS with interest is to be deposited on 30/04/2011.

Dear sir,
we have deducted TDS in the F.Y 2009-2010 but not paid the amount to dept. we want to pay that liability now in the F.Y 2011-2012. in the challan which year to be entered A.Y 2010-2011(P.Y 2009-2010) or can it be entered in challan as relating to A.Y 2011-2012 (p.y 2010-2011) & a certificate issued to deductee likewise? plz advice?


Rgds
ganesh

whether tax audit u/s. 44 AB limit of 45 audit is for a calender year or for a financial year ?

Fact of the case.
There are many new/existing Practicing CAs do not have enough tax audits to complete their figure of 45. So balance signatures they sell to other firm/s by migreof 1000-2000.
There is hardly any audit performed by signing CA.
Is this practise is allowed as per professional ethics. If yes which ethics, if no how to curb this practise.

If CA is considered as one of the best profession, how come these corrupt practices have been carried on.

Regards,

Haresh.

Mr. Rahul, a locally based Chartered Accountant, accepted an audit assignment at a fee lower than that charged by the previous auditor, who was stationed in another town and had to spend a lot of money on travel for which he did not charge separately.
Please provide answer for above question.

I had to done a audit of cooperative housing society situated in haryana. I had already cheked the haryana cooperative society act 1984 but not able to get a good information.

Please tell me how should i proceeds.

How can any one trace that Tax audit limit not crossed by any practicing CA.


If a CA signing tax audit reports more than the limit, then how can we verify it.

I knows some firm doing it, but I have not a list of tax audit done by that firm.


pls help me

when a agriculture loan becomes NPA?