can u explain diff of statutory and tax audit????

hello



do we have to check out every year whether caro is applicable or not OR once applicable it will continue???????

I want to know the verification procedure to be followed while doing audit of PAY ROLL of a company?

Dear Sir,

Please say me;
My firm is partner ship firm.We deal with Prop Firm.I Want to ded TDS on Bills Credited.Please Say me at what rate should be TDS Deducted.
1% Or 2%

Cess 3% is to be added on TDS or not please clearfy sir.

what points should be consider during educational institution's audit

hi
i m doing the audit of govenment enterprises..in such audit
we have to check salaries of various employees,in the case of calculation of salary ,,they didnot take the 6th pay commission for calculating provident fund .it is only taken as basic + Da
whether it is correct ?

Hi..

can u please help me on the High Seas Sale.

is it necessary for the trading company to have VAT or TIN or any other registration apart from IEC code for doing High Seas Sale?.
pleas do reply.
thanks.

i have filled the Income Tax Return and ROC Return in form-52. Now i want to know that how to report the RBI? What is the procedure? please advise step by step. thanks in advance

Dear Sir

A Manuf.Unit Pay Tea Charges for all in unit What expenses should be debited.Please give proper Ac head.


Please Give me the Expenses list if any direct & Indirect for Manuf.Unit

DEAR SIR
WE HAVE SUB CONTRACTORS(X,Y,Z). WE ARE PAYING TO THEM(X,Y) THROUGH BANK ACCOUNT BUT ONE SUB CONTRACTOR THERE IS NO BANK ACCOUNT(Z). AT THIS SITUATION WE ARE PAYING TO THAT SUB CONTRACTOR(Z) THROUGH ANOTHER SUB CONTRACTOR BANK A/C(X) IS IT CORRECT OR NOT ? IN THE ABOVE SITUATION WE ARE PASSING THESE ENTRIES:
1.X A/C DR 2. Z A/C DR
TO BANKA/C TO X A/C

NOTE: WE ARE PAYING AMOUNT NEARLY 7 TO 8 LAKHS TO SUB CONTRACTOR (Z)
1. IF THE ABOVE PROCEDURE IS CORECT WHICH SECTION WILL APPLY?
2. IN THE ABOVE PROCEDURE IF THERE IS ANY DISALLOWANCES WHICH SEC WILL APPLY?
THANKS IN ADVANCE