Co has given advance to Trust owned by co itself and that trust has purchased shares of that particular co only.

Is that is acceptable transaction or it violates any law?

ashok shah

dearsr

can pvtltd co give loan to shareholder or other person for short time.

Hi
Respected Members

Can any one tell me?

i am doing tax audit of PVT. LTd. in such company car loan taken on director's name and used for business purpose.

But it is shown as loan taken from director but shown as loan taken from bank.

So what to do for adjustments?

is it right or wrong?

Hi ,

who is having the authority to appoint the auditors of CA Institute...??? Related provisions in this regard... thanks

what are all the books of accounts to be verified during internal audit of a private limited companies? pls guide me.

I need the list of items to be checked at the time of internal audit for a private limited company. pls send me the complete details since I need to go for internal auditing next week.

1. How many types of Audit is applicable in indian industry ?

2. Is Audit will be applicable on above 60 lacs sale or above 60 lacs purchase or its depend on total turnover sale+purchase ?

Plz tell what is applicability of Audit ?

Plz ans my above questions.

Thanks in advance.
Amit Kumar

the period of loan is short timemy question is can pvt ltd company sancation unsecuried loan to share holder or person the busness of company is not financing fild.

can anyone tell me good audit procesure n some imp. auditing aspects & areas where i need to give more attation for audit of an raod contractor.
regards

lokesh jain
thnx in advance

Sir I have recently started practice. An asessee has told me to give projected balance sheet & P and L A/c for forthcoming years. Sir What should I verify for that.
And also tell me while attesting which wordings should I use....means before FOR XYZ Associates...like Subject to...
Please provide me the exact wordings so that the burden dos not come on me.

Thanks