A COMPANY HAS MAJOR SHAREHOLDER AND QUALIFIED TO BE RELATED PARTY TO THE CONCERN COMPANY.

CAN U PLS EXPLAIN WHAT DISCLOSURE TO BE ADDED IN NOTES TO ACCOUNTS.

Sir, there is a firm who provides inspection n testing services for product calibration with calibration certificate and charged labour charges, then is TDS provision applicable on such income if billing exceeds 20k

can a chartered accountant can give a provisional balance sheet and pl account.if yes,then what are important points of consideration.

Sir, can you please tell me when will the companies act, 1956 be changed for simplification.
i.e. the unnecessary sections be removed.
the NEW COMPANIES ACT

Who is responsible for balance confirmation of debtors/creditors as on 31st March?

If auditor where has to show??

If management is responsible & they have not done same then auditor reqiures to give notes/qualification?

I have one client which is a company. It has sold some equipments to trust. Now one of the director is managing trustee of that particular trust. so as per the definition of relative whether that transaction is to be entered in register under section 301.?

Thanks

A co. is enagaged in a job work in cloth.company has availed consultancy service in vaastu, architectural & interior designer for designing the installation of plant & machineries and other office equipments as well as design of office in the month of march-10.service provider has raised the bill on 01/04/2010. company has paid a sum of Rs.300000/- Now, my question is whether such exp. is considered as prior period exp. u/s. 44AB of I.T.Act-1961 and under AS-5.

assesee has one business of retail trade and he also deals in shares in future market.his shares turnover exceeds Rs. 40lacs but his retail busines is closed after running for three months.so whether we have to audit both business or only one which exceeds turnover

Should the payment to statutory auditors for audit fees be inclusive of Service tax or exclusive of service?
What if the company does not claim the CENVAT credit on service tax and charges it to expenses?

One of my friend have trading business. His purchase is 42 lakhs, sales is 36 lakhs and closing stock is 8 lakhs. Will it be covered under audit.