Sir,

I have following doubts about MVAT Audit, please guide me

1.) Whether we have to give only list of pending forms C,H, I etc. or we have to pay liability of tax for non receipts of above forms at the time of filing vat audit report in maharashtra

2.) We are accounting our sales transaction in tally as under

Basic Sale ( Under sales group in tally)

Output Vat ( under duties & taxes in tally)

So in one of our company in profit & loss account the sale is showing Rs. 38lakhs & if we add vat then it comes Rs. 41 lakhs.

Then in such case whether it is mandatory to do the VAT audit.

Sudheer

1. An individual have 2 properietorship concenrs A & B. Turnover of A is Rs. 45 Lacs & B is Rs. 50 Lacs.
He have to take 2 Tax audit report?

2. A CA can sign 45 Tax Audits, if he sings the above 2 audits, how much remaining he can sign - 44 or 43?

If Co. Transfering goods to his Consignment agent against Form "F", then Consignment agent raised invoice with his name. Can he Add margin in that Value on which he received goods??

If yes, Wht is the max Margin, should it will 200% on Transfer price?

If the Expense is not Expense off rather it is capitalize for eg: if the car is purchased and insurance charges is capitalized with car but it should ve expense off now wt i want to know, which section is applicable to this and how we express this in Internal audit report

Hello Friends , would you suggest me that how can we bifurcate a Particular pre operative exp. as a Capital exp. or Revenue exp.,Is all the pre operative exp. are capitalised .
suppose if we take an e:g like whether salary of a/cs deptt. during Construction of unit is revenue / capital pre operative exp. and whats the treatment of this exp,

Packing material is Direct Expenses or Indirect Expenses??? How???

what are the documents should be audited in case of import purchase.
when should the purchase be booked?

also if there is an agent for clearing good?

Hi
The auditor of company is required to submit a certificate stating that if his appointment will be made it will be within the limits as specified in sec. 224(1B).
My query is whether this provision is applicable to statutory auditors or it is also applicable for internal auditors i.e. whether internal audit will be considered for calculating specified limits?
Thanks in advance

heyy..can anybody tell me where can i download the most reliable Bare Acts from??

heyy..can anybody tell me where can i download the most reliable Bare Acts from??