Max. 45 tax audits can be done by a CA. And Max. 30 Pvt Cos. audit can be done by a CA. My question is does the 45 tax audits include tax audit of companies also, or it states 45 tax audits of non companies? Does it mean that a CA can sign sign 45 tax audits (25 corporate tax audits + 20 non-corporate tax audits) and 30 corporate non-tax audits? Plz explain the provision, i'm still confused.
Whether penality paid for getting the asset in to existence can be capitalised ?
Whether the penality paid can be allowed to add as an expense to the Fixed Asset as Per Income Tax Act ?
Dear Friends,
What is the difference between Pvt Ltd Co & Ltd. Co. in terms of:-
1. Balance sheet preparation
2. P & L Preparation
3. Accounting standards
4. Cash Flow preparation
5. Notes to accounts
6. other disclosure requirements
Please tell me the treatment of unpaid bonus alongwith reference in bonus act as soon as possible
Under which section cash payment of more than ywenty thousand rupees is
disallowed?
When is debit and credit note issued and who gives to whom
Also when we give discount or receive discount what should we issue debit note or credit notes and why?
Is cash sales more than Rs. 20,000/- is allowed or not?
Specify with reason?
What is meaning of Black Money and why and for what it is used for?
Is doing cash payment of more than 20,000/- a day or per bill or receipt is disallowed?
If Yes please specify with reason?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
limit to audit