is there any section says internal audit is compulsary?

Can anybody provide me Profarma of Internal Control of Power generating Company based on wastage?

hi friends....
i would be pleased if you post a link (or) file for checklist of voching and general checklist....
please

What is the accounting treatment of foreign exchange gains arising out of reinstatement of loans taken to acquire fixed assets during the pre-operative period? Whether the same to be charged to P&L or deducted from the pre-operative expenses?

CAN ANYBODY PROVIDE ME A PROFORMA OF INTERNAL CONTROL SYSTEM THAT SHOULD BE MAINTAINED IN A POWER GENERATION COMPANY?

whether gross collection of the cinema (Playing motion pictures)theatre collections come under turnover for the purpose of 44AB.

hi
the organization deals in distribution of health drink. In meanwhile the inventories expired, how to write-off the the expired inventories?

regards

S.Jha

1. The company is under the construction of fashion city project all the preliminary expenses are capitalised as capital work in progress.It does not have profit and loss account. now can the benefits provided to employees are liable for FBT ?

2. Can share application money used for meeting the expenses ?

3. Today am receiving input service after 5-6 years i will be providing output service. so can it be set off after 5-6 years ?

4.when does the company has to start contributing towards PPF,ESI ?

5.For one of the client i have deducted tax amounted to RS.10,00,000 (on credit basis)after receiving the bill. but still not made the payment to the party. now i dont have sufficient fund to remitt Rs.10,00,000

Case ; The assessee is engaged in the business of sub contract of labour i.e he provides labour to main contractor.

Querry : The assessee makes a contract with other small contractors for supply of labour and the contract amounts of such exceeds Rs.50000/- thus making the assessee to make a sub sub contract.
so is he liable to deduct the TDS on this contracts which are sub sub contracts

What is tax audit and the main points to be noted in a tax audit case