Audit QnA - Page No 63

All Resolved Open

K Ramakrishna Rao

15 March 2017 at 21:35

setoff of short term capital gain

Can Carried forward unabsorbed depreciation cannot be set off with
short term capital gains arised by sale of business assets,if so under what section of Act.

RAVI MANOCHA

14 March 2017 at 14:24

Regarding tax audit of companies

Dear Sir

I want to know when the limited companies are required to get their accounts audited under income tax act .i.e the tax audit is done.

Also please suggest that if there is company Pvt Ltd. engaged in hotel business whose food sale turnover is less than Rs. 1 crore and Room rent receipts are more than Rs. 25 Lac but there is net loss of the company then whether the tax audit applies or not????

Thanks & Regards
Ravi Manocha

CA RASHMI

13 March 2017 at 17:13

Relative ca act as tax auditor in firm

CAN A CA ACT AS TAX AUDITOR IN RELATIVE FIRM AND BUSINESS OF PROPRIETOR.

sai Babu

08 March 2017 at 13:17

auditing

can any one explain me with examples what is materiality , performance materiality and tolerable misstatement

Anonymous

08 March 2017 at 09:38

Filing of form 10b

Dear Sir

I it compulsory for auditor of the charitable trust to file form 10B for FY 2015-16 ?? Is there any relaxation if form 10B not filed ?

What is penalty for not filing form 10B & also IT Return for FY 2015-16

prince verma

05 March 2017 at 11:07

representing as ca when actually is not

under sec 24"falsely claiming to be a member" of ca act 1949. i have read under that section that there is a prohibition to use designation chartered accountant for non member of icai. can he use prefix ca.. as i have seen my final students have email ids of prefix name . e.g.cashubham@gmail.com

prince verma

04 March 2017 at 18:19

statutory as well as tax audit

can a chartered accountant accept parallel position i.e. tax audit as well as statutory audit ?

Shubhankitsoni

02 March 2017 at 19:46

Audit of land

How can we take 100% examination of land of company during audit

KAPIL

24 February 2017 at 00:48

Educational institution

Sir/Madam One of my relative has opened a school for profit motive and the pan they have obtained is that of an AOP Trust but they are not registered u/s 12 of the it act... the gross receipts has exceeded 2. 5 lakhs... my question is that are they liable to get their books audited?? please provide your valuable suggestions... thank you in advance

MOIN MANSURI

23 February 2017 at 09:31

will director received loan from same company?

we are chemical base manufacturing pvt.ltd. co. i just know that is there any provission for given to director loan? we are curuntly given only salary to director..