Dear Sir
I just want to Know that Any CA Firm can do Statutory Audit of a Pvt Ltd Co. in which company one of the Directors is relative (Mother) of one of the partner of CA Firm.
i read the Co`s Act but there is no such restriction.
However i have already posted this query in which Abhisek Sir had replied that can not appoint as a Statutory Auditor.
plz clarify me
Thanx
My friend is minor, Is there any separate form for registration of PCC?
IF A PROMOTER IS HAVING 6 OR 7 COMPANIES CAN HE MAKE INTER COMPANY TRANSACTIONS WITHOUT MENTIONING IN THE MINUTES. WHAT HAPPENS IF SOME OF THE COMPANIES ARE (LTD.) AND SOME ARE (PVT. LTD. WHILE PURSUING AUDIT OF THAT IT CLEARLY SHOWS THAT ALL CERTAIN TRANSACTIONS ARE INTERNAL. IS IT ALLOWED BY COMPANIES ACT.?
i trad in shares in previous accounting year 2007-08, my purchase amount around 34,00,000 and sales value around 39,33,000 rs. i recive STT paid certificate on rs. around 67,00,000 value of transction. can i liable for audit ? can i show it as a bussiness income or short term capital gain ? for income tax return which form ITR-1,2,3,4, ?.
what is main difference between the qualified
and unqualified opinion?
if bill is of last year but recieved by company in next year, say bill of march month purchases,or services etc., then it should be recorded on date when bill is recieved
then as an auditor can we question it regarding prior year exp.or this practice is allowed?
Please let me know the main points which should be taken care into while doing audit of a compnay dealing in shares.
Case 1 - Assessee earned income in construction of Designer floors, turnover is 15L. If Tax Audit applicable or not? Case 2 -Assessee only designs the floors and gross turnover is Rs.15L. If tax audit is applicable or not? In both the cases assessee is not having any professional qualification but his employees are.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
Appointment of Statutory Auditor