if we change the method of valuation of inventory from fifo to weighted average method then it is required to change the value of opening stock and adjust the difference with the current year profit or loss.
and the other thing can A.O. rejects the change in method of valuation of inventory that we have adopted ? can he disallow the treatment ?
Please give me any case reference or judgement for this situation.
is audit required for a company having a turnover of less than 40 lakhs. If not who can file the returns. A chartered accountant is necessary to file the returns. Kindly suggest me
Dear Sir
I am 45years old and Completed by MBA through Annamalai University and at present working as senior executive in a service industry. Shall i join CA. IF it ok means send me the way how to join.
REGards
BRSVASAN
sir
can any one pls explain me the procedure of Import purchases & Export sales
and what doctuments need to see while conducting audit ?
Thanks in advance
pavankumar
Can the auditor directly take expert opinion on matters where he needs expert inputs, in connection with issuing a report or certificate? Or, is it compulsory to route it through the client always?
if the agri. income exceed rs. 40 lacs then is it liable to tax audit under sec. 44AB of income tax act,1961 ?
assume that the assess has no other income exceed rs. 5000/-
if we change the method of valuation of inventory from fifo to weighted average method then it is required to change the value of opening stock and adjust the difference with the current year profit or loss.
and the other thing can A.O. rejects the change in method of valuation of inventory that we have adopted ? can he disallow the treatment ?
Please give me any case reference or judgement for this situation.
whether sales tax collected in respect of sales made has to be included in the "total gross sales, turnover, gros receipts" for determing the treshold limits of Rs.40 lakhs for audit purpose
hi... pls inform me about PF detail in form 3CD..?? should we give total payment of PF including employer's contribution..month wise.?? or only employees contribution......?????
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
valuation of inventory