Do the bank give confirmation for fixed deposit held as on 31.03.2009.please reply as soon as possible
dear all,
If Invested in the months of March 09 in NSC...whether we need to take accrued interest for 1 months ?
what is the consequence(taxability) when the same got matured ?
when I go to check initial engagements as per AAS-22.In previous year the depreciation policy was changed by the organisation from companies act to income tax act. It does not take with retrospective effect. It directly applied income tax rates on WDV values.However they are mentioned in the notes to accounts as "during financial year now on wards rates of depreciation is taken as per IT act?But I have doubt as per Accouting standards when changing the depreciation rate(changing accouting policy)it will take with retrospective effect.Plz clarify me?
My client company Purchases 3 HP printer in last year it shows under the head computers & others and claim depreciation @60% Will it correct? I have doubt why don't we shown under Office equipment Plz clarify me?
Sir,
Can a qualified CA conduct Cost audit?
or only CWA's?
Pls clarify,
Regards,
Girish
Some equity shares warrants to be converted into equity but could not converted so cancellation of these warrants would be treated as capital transaction or revenue transaction and applicability of AS 5
Dear Sir,
pls let me knw if there is any responsibility or liability of Internal Auditors towards Statutory Auditors..???
Are internal auditors required by any AAS/ SA to answer statutory auditors on any matter compulsarily.
In AAS-7 it is given when a Statutory auditor can rely on Int aud. But i could find nowhere about the above topic.
Pls reply asap.
regards
Pranay
Pls. let me know what is the due date of folowing payments in maharashtra state.
Profession tax (e.g. april 08 salary paid in 07/05/08 & booked in same date also then wt is the due date)
Octroi (wt is rate and basis of paymt.i.e. mthly, qtly, yearly also tell me)
Labour welfare fund
My company follows depreciation as per companies act from starting which is low rates.But now it wants to follow depreciation as per IT act.If company changes to it. Will it be done with retrospective effect or not?If yes then the most of the assets will show a low balaces in Balance sheet. even some assets shows negative balances.so what can I do in this situation.Plz suggest me? thaqs in advance.
In my clients books some amount nearly 94Lacs is outstandig from 1999-2000. That was carryforward in Debtors which is o/s from Govt for the project.Last year it received 3 lacs. What treatment should be given to remaining Outstanding amount that amount it will be writeoff from books or it will continue as debtors.My client says it will definitely received but takes some time?and it was a Engineering staff training institute and it also carries Some Research for newly introduced schemes of govt.For that it receives fee!
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confirmation of fixed deposit