Rave Erd
31 May 2010 at 11:17

trust audit

Sir,

A school fees receipts exceeds 40 lakhs, the trust account is covered u/s.44AB of IT Act.
pls clarify.



Anonymous
31 May 2010 at 07:29

Requirement of Tax Audit

Sir,
I have all registrations in Delhi, in which my turnover exceeds Rs.40 lacs, for which I have audit my books u/s 44AB of Income Tax, for this i have no doubt.
I have another sales office in the state of Haryana from where I am dealing in sales tax free goods (all transactions are of cash nature) and I have not informed to any department. for Haryana state office Separate Tax Audit is required or not. What will be the status of income tax return i.e. i have to merge both the balance sheets or not.
Whether I require merge balance sheet to be signed by the CA.


Vinit
30 May 2010 at 22:36

Help

Sir, I have to make a presentation on Internal Audit of Purchase and Expenses of a Manufacturing Company/Unit.
So please help me by sending important material for same. It's Urgent.



Anonymous
29 May 2010 at 23:35

Bank Gaurantee

Respectd member

Can any tell me In bank audit what is the difference between performance bank gurantee and other than perfomance bank guarntee.
Thanks in advance



Anonymous
29 May 2010 at 19:40

Annual audit & Financial Audit

My company was having certain old expense provisions in the books in the year 2008, during the audit of 2009 (calender year), reversed the provisions as it is.
But during the financial year audit for 2009-10, decided to reinstate those provision and show it as other income, since during assesment there would be a problem in justifying the low expenses.
What are the implications, is the company justified



Anonymous
29 May 2010 at 17:35

Foreing exchange difference

If I have debtors balance for export the goods with us then what should I do for foreign exchange differance at the time of booking and as on 31st march? What entries should I do? and What are the basis of these entries?


SIDDAROODHA HIREMATH
29 May 2010 at 17:30

COST ACCOUNTANT=INTERNAL AUDITORS

HELLO SIR....

WHETHER A COST ACCOUNTANT(ICWA) CAN ACT AS A INTERNAL AUDITORS OF A COMPANY...IF YES PLS INDICATE THE SEC NO


anand
29 May 2010 at 12:44

Advance paid against the project

I am doing audit of a pvt company,Company has been paying to its group company as advance against the project, and there is no as such any agreement regarding this. This is only a inter company fund mnagement
is there any dislouser requirement?


darshit

What is the difference between TAX Invoice and RETAIL Invoice? Please explain briefly


SAURABH
28 May 2010 at 16:53

AUDIT

I M STUDYING AUDIT-PAPER FROM NOTES OF VINOD KUMAR AGRAWAL,SO IT IS SUFFICIENT COURSE-MATERIAL FOR UPDATING IN EXAMS.
PLEASE SUGGEST





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