shatrughan sinha
17 October 2008 at 17:08

Regarding applicability of Service Tax

Dear Sir

We the company is providing CAD/CAM Activity in relation to engineering services for the automobile sector
with the help of License Software taken
on lease from the Vendor or purchase from
the Vendor.

Now what our client does, they use output
provided by us in the modification of
automobile.

Now my question is that
1. whether the activity being done by us covered under the Scientific & Technical Service head in the Service Tax act,1994 ?
2. Whether the activity being done by us
is can be classified as IT-Software ?
3. Whether the design & Drawing supplied
by us to the customer for utilised in the
manufacture & modification of Automobile can be classified as goods ?

Shatrughan


Amit Deokule
17 October 2008 at 14:30

Appointment of Internal Auditor

Dear All,

If X company has statutory auditor already in place but now the company wants to appoint Internal auditor, then can company appoint the same without prior notice given to Statutory auditor and what is there any turnover/share capital ceiling to have the internal auditor appointed?


R SRIDHAR
16 October 2008 at 21:55

Audit of Construction Bills

Dear Sir,

While auditing the civil / construction bills,what are the aspects that I have to consider.When I go through civil bills, I couldn't understand the nature of work carried out in the site as they are in civil engg.terms.Is there any guidance note in respect of audit of civil bills.Please guide me in this regard.

Thank you


R SRIDHAR
16 October 2008 at 21:54

Audit of Construction Bills

Dear Sir,

While auditing the civil / construction bills,what are the aspects that I have to consider.When I go through civil bills, I couldn't understand the nature of work carried out in the site as they are in civil engg.terms.Is there any guidance note in respect of audit of civil bills.Please guide me in this regard.

Thank you


Rashi
16 October 2008 at 19:53

Recognition of Expenses

A sick company has not provided for interest expenses of March month in its books of account.All other expenses have been provided on accrual basis.Whether a auditor is required to qualify his report. if yes. in what manner


M.R.KANNAN
16 October 2008 at 13:17

Audit report u/s 227

A private company has no business activity during the entire year ending 31-03-2008 and it proposes to file a petition for winding up u/s 560 of the Companies act, 1956. As such, it has no profit & loss account for the year. In balance sheet, liability side is represented by paid up share capital and in the asset side, there is an equal amount of profit & loss account balance (Loss). there are no other liabilities or assets.
As an auditor of the company, how to draft the audit report? Whether reporting is still to be done covering all aspects referred in section 227(2) and 227(3). Is there any guidance available in the literatures published by ICAI. If so, please furnis the same.


sanjay kadam
14 October 2008 at 11:01

List of Top 10 internal Auditors

WE are 100 Cr manufacturing company . we are proposing to appoint internal auditors.so we require top 10 internal audit firm in zone of Mumbai with their fee structure and Work area.

if anybody having this details plz forward this on following e-id:
sanjaybkadam@gmail.com / sbkkadam1980@yahoo.co.in


aditya goel
12 October 2008 at 15:14

MOCARO- 1988

WAT does MOCARO states REGARDING THE ACCOUNTING RECORDS UNDER COMPANIES ACT ??


Nanda Kishore Bajaj
10 October 2008 at 18:21

Books for Reference

Hello Experts,

After being in the Industry for 4 years, I have taken a decision about 6 months back to move to Practice and Consulting. I would like you all to advise me on the books which are good for reference as far as Company's Law and Taxation is concerned.

Look forward to your replies.

Regards,
CA Nanda Kishore


Vishnu Agarwal
10 October 2008 at 12:06

relating to Pronote




What is the meaning of Pronote ? Give any example.






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