I want to know the no of audit a chartered accountant do.
Plz seprately tell about Private Limited Co. and Public Limited Co. in detail.

Its urgent........................

Dear All

If one person is getting Brokerage of Rs. 32 Lacs in his proprietorship name and Salary of Rs 18 Lacs and Interest of Rs 8 lacs in his individual name out of his personal FDRS then should he get his accounts audited under section 44AB ? will he be coming under Tax Audit ?

Thanks and regards

Tarun Jain

Suppose a company/firm/propritorship concern having turnover more than 40 lac than he is liable for tax audit u/s 44AB. Now I want to ask what happen if they do not get their account audited and also does not filed return also.

While conducting Audit I found three vouchers where the company under Audit is found having three Traffic Signal Vouchers for breahing traffic Rules.

I in first instance disallowed them.Am I doing right?

They are explaining that its businees expenses as the bills of goods were to be delivered within a hour.And hence the person break the signals.

What should I do?

Before accepting the Internal Audit of a company, should a intimation of the same be sent to the previous internal auditor as done wrt previous statutory auditor.

my ca told me not to do complete vouching of a export co.but i want to check its tds status the payment made to party by cash actually its a big co. so how can i track cash transactions on which tds should be deducted but not deducted please help me out???

14/07/2009

Hi,

Can anybody send me Excel Sheets of Bombay Public Trust Act Forms.

Thanks

CA Sunil MApara.

Plz suggest reference Book for Auditing under CA final (new course)

DEAR SIR/MADAM

CASH RECEIVED IN COMPANY BY ITS DIRECTORS OVER 20000 IS ALLOWABLE OR ITS DISALLOWABLE

CASH RECEIVED FROM PARTNERS IN PARTNERSHIP FIRM I.E. LIKE CAPITAL INTRODUCED IS OVER 20000 IS ALLOWABLE OR ITS DISALLOWABLE

CASH RECEIVED BY PARTNER IN TO FIRM ITS MEAN- CAPITAL INTRODUED

CASH RECEIVED FROM DIRECTORS IN COMPANY IS WHAT I.E. LOAN FROM DIRECTORS OR SUNDRY CREDITOR. PLEASE TELL

THANKS IN ADVANCE

DEAR SIR/ MADAM

AS ASSESSEE CASH RECEIVED FOR LOANS WHOLE OF THE YEAR IT WAS 150000 BUT THESE AMOUNT RECEIVED FROM CREDITOR SOME INSTALLMENTS NOTHING TO ANY INSTALLMENT WAS MORE THAN 20000 EXCEPT ONE I.E.23000 REMAINING 127000 WAS SOME INSTALLMENTS AT THIS SITUATION TOTAL 150000 IS DISAALOWABLE OR ONLY 23000IS DISALLOWABLE UNDER SECTION 269SS, PLEASE TELL

THANKS IN ADVANCE