whether duedate has been extended for all assessees for filing taxaudit report and return?

A proprietor is having business in two different names. Turnover in both the above buss is as under:
1st - approx Rs.32 lacs
2nd - approx.Rs.38 lacs

Whether the proprietor is liable for tax audit under section 44AB for the AY 2010-11? Income from both the businesses will be shown in the computation of income

Pl let me know as the due date is approaching

I AM A CA.DOING PRACTISE OF I.TAX.
ONE OF MY ASSESSEE (PARTNERSHIP FIRM) HAS STARTED ANOTHER BUSINESS IN THE P.Y.09-10 WITH OTHER NAME BUT HAVING SAME PARTNERS AND SAME PROFIT SHARING RATIO. BUSINESS IS NOT OF SAME KIND.
NOW THE ORIGINAL FIRM IS NOT IN THE AMBIT OF TAX AUDIT BUT THE LATER ONE IS.
SHOULD I AUDIT FIRM OR ONLY LATER FIRM ?????
SHOULD I PREPARE AUDIT REPORT WITH BOTH FIRM'S DATA ???? IN OTHER WORDS WHETHER TWO FIRMS HAVING SAME PARTNERS AND HAVING SAME PROFIT SHARING RATIO (BOTH HAVING DIFFERENT KIND OF BUSINESS),INCOME OF THE BOTH THE FIRMS SHOULD BE CLUBBED OR NOT ??

whether ther will be extension in due date to 31 oct 2010?

Sales of a proprietory concern has increased from 35 lakh to 65 lakh and corresponding Gp margin has declined from 6.4% to 4.4%.Assessee is wholesaler in cloth.Whether decline in GP margin is justified?

Also tell whether significant accounting policies form part of audit report u/s 44AB

A transaction enterd by the copany with another co. for purchase of goods of more than 1 crore and one employee is director in that co from which goods has been purchased.this employee is also a director of other company in which he is working as an employee, which is its parent company.this employee is on contractual basis.Eployee contract is with the parent copany.wheather this transaction would be covered with related party transaction.Pls. revert me as soon as possible.

please provide me some details about the treatment of CENVAT credit available on input material and services used in production of FG. How it should be shown in Balance sheet?
what adjustment needed in opening and closing stock in this respect vis-a-vis Income tax act?

Sir my question is if an LIC agent received commission more than Rs. 10 Lakh in P.Y. 2009-10, tax audit is applicable or not

A client is a proprietory concern and has paid brokerage of RS 25000 and not deducted TDS also in year precedind previous yaer ,concern was not auditable.Comment for AY 2010-2011

if my purchases exceeds 40 lakhs for the financial year 2009 2010 is it liablle for tax audit though my sales is olnly 38 lakhs for the year