Dear Sir

Which book is best for Audit with depth knowledge for IPCC May 2011 attempt except Surbhi Bansal because in surbhi Bansal's book it is very short

also for ITSM

Thanks

is revaluation reserve a part of capital reserve or revenue reserve

Sir,


I will describe a case here,

Suppose a Chartered Accountant in Practice act as a guarantee for an education loan for his son in a Bank(Holding Compamy). Now my doubt is whether he can accept an offer for Statutory Audit of bank which is the Subsidiary of the above mentioned Holding Co.Whether his acceptance pave way for any diaqualification under sec: 226 of the Companies Act,1956?



Pls provide me with supportive ICAI guidelines or any ciculars or Notifications in the Companies Act or under Banking Regulations Act....

Thanks

whether prior period item is allowed as expenses if tds liability has been deposited in the next year

Sachin Sir, Thanks for Quick Reply...

But my question is that person acting as recovery agent is either construed as "person carrying on business" or "person carrying on profession"????

in other words what is the definition of word "profession" used for the purpose of Section 44AB?

Thanks and Regard
Chandan

if some errors are found in auditors report by company which might have harmed the company.will auditor be held responsible even if he has performed his work honestly

are company auditor and statuotry auditor same or different

hello sir.i had applied for a vacancy as an article clerk for a firm named vaithisvaran and co in bangalore.that firm is included in list of firms eligible for major audits for the year 2010-2011.NAME OF the FIRM is INCLUDED IN THE PANEL OF STATUTORY CENTRAL AUDITORS OF PUBLIC SECTOR BANKS SENT TO RBI FOR THE YEAR 2008-2009.from this information can we conclude that it is a good firm? websie address of the firm is www.vaithisvaran.com

If a manufacturing enterprise(in India) make purchase from a special economic zone(SEZ)in India then should it be recognized as imported purchase.

hello sir

im confuse in clause 22A of form 3Cd form

1. if firm only doing trading activity .. then this clause is applicable or not???

2... if firm manufacturing then its apply .. ???


... my one of client firm purchase material and then mix with some material and sale the goods ... (purchase they paid vat but sale item is exempted from vat)

so how can i show in 3cd?