Audit QnA - Page No 594

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Prasanna Bhat

26 September 2008 at 15:22

Transfer Pricing

What is Transfer Pricing and how it is applicable and what are the procedures in arriving transfer pricing pls let me know

Prasanna Bhat

26 September 2008 at 15:19

Last Year our subsidiary was formed and the expenses was treated as Pre-operative expenses. This year they have decided to close the company, how to treat the pre-operative expenses what is the entry we need to pass.

Jairam

26 September 2008 at 15:11

Eligibility criteria for applicability of Internal Audit.

Hello friends.Kan nebody tell me what is the eligibility criteria for applicability of Internal audit to a company.Is it stated newhere in the companies act.Please help me.

NIRU TULSYAN

25 September 2008 at 20:12

applicability of CARO 2004

can some body solve some of my querries ????
1) a pvt ltd co. has paid up capital Rs.528750 & Reserves & surplus is Rs.14685921.27(including share premium Rs. 14381250 and Profit & loss a/c Rs.304671.27) on 31.03.08.It doesnt have any loan & the turnover is below 5 crores. Whether CARO 2004 is applicable to the company ?
2) if yes , whether internal audit as specified in CARO 2004 pt (vii) is required ? The paid up capital and reserves as at the commencement of the fy were 172500 and 506309.65(including Rs. 487500 share premium).
3)whether compliance certificate is required for this company ?

Prasanna Bhat

24 September 2008 at 09:05

Pre-Operative Expenses

In the previous year if the company has apportioned the expenses as Pre-Operative. As the company shut downs it operations how do we treat pre-operative expenses now pls let me know.

DINESH KUMAR

23 September 2008 at 15:53

INTERNAL AUDIT

Dear All

A company wants to appoint a Non-CA as Internal Auditor. As per ICAI's guidelines, Schedule to Chartered Accountans Act, and Companies Act, 1956, is it possible for a company?

thanks

CA sandesh Dabhade

22 September 2008 at 15:07

tax audit ......

What is a rate of TDS for individual- contractor,professional & brokrage before june-07 ?

Anshul Agarwal

21 September 2008 at 21:06

CARO APPLICABLE

when will be caro applicable

Nikhil chaturvedi

19 September 2008 at 15:12

is share application money is included in paid-up share capi

my query is:
a pvt. co. have Rs.10lakh paid up capital & Rs.90lakhs share application money. is CARO or MAOCARO requirement applicable to that co.

HEMANTH

18 September 2008 at 14:10

Gross Turnover

Tax Audit is conducted on the basis of gross turnover, in this matter the Gross Turnover includes tax(i.e., sales tax/service tax.,) or excludes tax. that means it incluses tax or not. Plz tell me