weather insurance charges charged on motorvehicles at the time of purchase be capitalised,or be charged 2 revenue

Sir an assessee wanted me to prepare his balance sheet for the period 01-04-2010 till 31-01-2011.
I have prepared the balance sheet. Now he also wants me cerify the prov. Balance Sheet as he is applying for enhancement of Credit Limit.
Can I certify prov. B/s?
If yes then what disclosure should i give along with my attestation?

what is difference between statutory audit and internal audit???????????

Dear Sir/Madam



I want to know that,can supplier will tell the purchaser at own will to not to issue C form & he can charege higer rate of vat insted of CST as this will increase the cost to the purchaser becouse he can`t utilized entire credit & suffer from additional lost

Dear Sir

I have one quarry regarding TDS matter.

Last year, our Company had paid some advance to a Contractor (below Rs. 20000/-) where we had not deducted TDS at the time of Payment to the contractor. But we had deducted TDS from the contractor before total payment / Credit to his account exceeded Rs. 50000/- .

My question is that whether amount so paid to that contractor will be shown under LIST OF DELAYED DEDUCTION OF INCOME TAX AT SOURCE under point no.27 of part – B of Form 3CD.

Regard
Modi Ashok Kumar
99864 52168

Dear Experst,

Kindly provide me with CARO Form in word or excel file, so that the same cand be filled-up in computer.

Regards,
Arul Kumar

if an assessee has following details..

turnover during the year 75 lakhs(proprietorsip firm)

income from of house property 240000p.a

i know that the assessee is liable to get his accounts audited but pls let me know that his audit will also include income from house property or only income from business???

A person is not CA. Can this person be partner in a practicing chartered accounting firm.

For ex.
XYZ & Co is a practicing chartered accounting firm. Now Mr. ABC who is not a CA can become partner in XYZ & CO.

What is the difference between internal audit and statutory audit.

If a Statutory Auditor is disqualified under the Companies Act and he is also the tax auditor of the same company under a single agreement will the disqualification apply to tax audit also ?

Also what will be the situation if this dual capacity of the auditor happens to be under different agreements