Respected Sir

Please guide me for : A Partner Ship Firm Purchase Travelling Bills from a Firm Named OM Tourist.Prop Firm.for Travelling Expenses made by partners & Staff for Firm work.We Have Purchased upto today 100,000.00 Bills and paid also.Please Guide should TDS be Deduct. for Bills Credited in Firm Ac. (TDS @ 1%)

Regards

how to prepare query sheet is there any format

Dear Expert



Please give me stock audit format



Regards
Mahesh Siradhana

Now I am on audit of trading company, it deals with buyer according to consignment.So during the audit what complianc should be fullfilled b me? Plz suuggest,......

What is the exact law for " cash payments of more then 20000"

Is it aggregation (sum up) per day per person

Or,

Is it per person per year


Example:

If I purchase goods of Rs. 100000 from Mr. X,

(1)
Can I pay cash 20000 x 5 = 100000
in different dates of the same financial year to Mr. X.

Or

(2)
I can pay only Rs. 20000 Cash in the same financial year to Mr. X. and rest by cheques.

Please guide

What is the difference between Qualification and observation and stating of facts in an audit report?
When do you say the report is qualified and when is it just stating of the facts?

Is there any provision whereby inventory count may not be carried out in a financial year without any qualification in the audit report. Further read somewhere that is the Company adopts some sort of statistical sampling methods, then they can avoid physical stock take provided the system is robust. What is this statistical sampling for inventory procedures.

dear sir,

please provide me the details about the revenue stamp of Re. 1 to be affixed on receipts involving amount more than Rs.5000.00.

what is penalty for non- affixing the revenue stamp of Re. 1?



thanks

WHAT IS TAX AUDIT, WHAT TYPE OF BOOKS A TAX AUDITOR LIKE TO CHECK REGARDING A MANUFACTURING UNIT

In tax audit which important ledger should be check and in what manner and how?
and what is process of scrutiny the ledger like debtor, crediotr, stock, cash credit, loan and advances, unsecured loans
please tell me.