Sir,My clint is Partnership Firm.Firm has loss of Rs.25657 during the year 2008-09.What is the deferred taxasset/liabilty? for accounting and plz explain the desclosere.
One of our client, who is a doctor and is working as on part time basis in hospital and receiving a receipt of Rs.11,50,000/- He recives Form 16 A from the concern. Whether he is liable for audit under section 44AB.
if a proprietor has two proprietorship concerns and in both firms sales is above 40 lacs
then he needs to have 2 tax audit for separate firms or
single tax audit report will be made for both the firms
both firms are doing different businesses
i as a company had appointed the auditor in the AGM but later the auditor had resigned as he went out of station so now i want to know the procedure to be followed to appoint the new auditor
kindly provide me with the detailed procedure
thank you
which is the relevant rate of foreign exchange rate if a copany hold raw materilas at closing balance sheet date? the purchase price is in foreign currecy and not settleed at closing balance sheet date and our actula cost as per AS 2 is still @ foreign currecny
Respected Sirs,
Now the AASs have been changed to SAs. So can you please clarify me that for coming November 2009 PCC examination whether AAS are applicable or the SAs. And also please clarify the date from which these SAs are applicable.
Thanking you,
while checking expenses, i found a bill, the expense(tds e-filing fees) in which belongs to f.y. 07-08 but date on the bill is of current year(year under audit). so how should it be shown in books? will it be treated as prior year expense? i m a bit confused since the bill date is of current year.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Deffered Tax Asset/Liability