Audit QnA - Page No 615

All Resolved Open

Dhaval Trivedi

03 April 2008 at 13:47

Co- Op. Society

There is one housing co-op.society having residential flats and it having only maintenance income and F.D. interst income.

If it's income exceeds the taxable income or not, whether it is compulsory for co-op. soc. to get it's account audited???

plz give refrence to particular section.

thanx

Rakesh

01 April 2008 at 18:31

Section 271F

1.pl. tell me that 271F is applicale on me or not.
2. Can i file IT Return after 31.03.2008
My Brief is as under
My Gross total Income for the Ass Year 2007-2008 was 125000/- and deduction u/s 80c is Rs. 30000/- after it Net Taxable Income is Rs. 90000/-.

Ratnamala

31 March 2008 at 14:17

Staff welfare expenses

I need the defination of Staff welfare expenses & which expenses can be considered as Staff Welfare Expenses?

CA Shailesh +91 9393926464

31 March 2008 at 10:03

Servive Tax appicability on General Insurance

Is Service tax applicable on marine cargo insurance when goods are moving abroad?

My contention:
This transaction does not come under the purview of Export Service since the customer is residing in India. Hence,ST is leviable.

Plz do let me ASAP because my client is not collecting ST on this type of transaction assuming it as an Export Service.

Pranjali

27 March 2008 at 22:11

disqualification of auditor

If ABC is a partnership firm, analyse whether disqualification provisions are attracted if
A is indebted for amount of Rs 400
B is indebted for amount of Rs 300
C is indebted for amount of Rs 500?

thank you

lenin

27 March 2008 at 16:02

bank audit

what are the procedures and important aspects to be seen in Bank audit

lenin

27 March 2008 at 16:01

bank audit

how to verify NPA ,What is agricultural KCC and its aspects and how to verify.

girish

27 March 2008 at 08:04

Deferred tax asset vs Deferred tax liability

Please explain the provision regarding DTA and DTL. when,why and how it arises. what precautions to be taken.

SONUJRT

26 March 2008 at 18:45

Agricultural Business & Tax Audit

Hello frnz...
My query is related with Sec 44AB i.e tax Audit.

I want to know that if the assessee has gross receipts of more than Rs. 40 lacs from the agriculture dealing; whether he will be liable for tax audit or not?

As agriculture income is exempted from tax.