If a company takes a house on lease from an employee and gives it back to him for his stay and pays him rent for it.Should the tds be deducted u/s 192 or under sec 194I. Whether rent received by employee will be taxable to him under the head salaries or house property

How to check drawings power during audit of client? Pls suggest

is there any specefied limit for remuneration of auditor?

is it fixed that one can not demand such fees when some situation exist?

can anyone tell me the rate of Dep. on photocopy machine as per co's act if company following the SLM of Depreciation

Dear Professional Colleagues kindly throw some light on following practical case:

There is company "x ltd" which has its 100% holding Company in " y ltd " in switzerland.
X ltd has a unsecured loan from y ltd as on 31.3.2009. Subsequent to 31.3.2009 x ltd has written back the loan of y ltd with y ltd's prior approval and booked its income.

What are audit requirements under FEMA & RBI ? Moreover if the company has claimed for expenses incurred out of that amount as tax deductible will this liability written back income also get taxed now?

Dear all,
i ve a querry regarding appointment of Statutory auditor.
Q-1: A firm of Chartered Accountant is fuctioning as internal auditors of a Company for a six months. now we want to appoint same CA firm as statutory auditors for smae financial year after resigning as internal auditors of a Company, is it possible?
Any rule or regulation or circular plz specify with that circular,rule or regulation.

With Regards

Amarendra
Company Secretary

Dear Friends,

i have recently enrolled myself for Ca final course, and i got study mat. in which the auditing slanderers are given as AAS not SA.

I want to know that, should i follow the AAS given in study Mat. or SA.

pls response as soon as possible

Respected sir/madam

A Person who provides me(Partnership firm) a labour for welding of ETP plant(repair of Plant & Mechinery)and recevies every month Rs. 8000 full year.Is it contract Or professinal $ technical service?

What is that?
A contract Or Professinal Servie ?

Dear expert,
Our Auditing Standards has been modified to SA.my qery is that whether we have to quote SA instead of AAS in our Audit reports

A Company that has just come out of BIFR negotiates with its creditors and bankers at a term that is more favourable than BIFR terms, then has it to obtain BIFR approval for the same? What would be the scenario if the Company is a PSU?