Bonus provision was made last year with amount for example 200000, now while paying the bonus it is found that provision was made will less amount and actual bonus amounts to 210000. now what are the implications according to the tax audit and how will the difference figure 10000 be adjusted.
Can first auditor be appointed as subsequent auditor?!
If yes, what are the rotation compliance to be followed?
whether 1+4 years which in total 5 years or 1+5??
As the wealth tax is not existing now, the today's announcement of Finance Ministry that "tax payers having excess gold than stipulated must have maintained Wealth Tax else, it would be taxable at 82.5% plus penalty" should be understood in waht sense,
in short,
"what is the tax liability of an individual as of today, if in possession of excess of limit of Gold as ornaments, including that purchased in recent past."
Thank you.
sir I need to know how revenue and consumption from hotel is audit give me details which are evidence to check for revenue and consumption
Hello sir, is it good to study audit from practice manual of icai. I heard from many that the practice manual is not arranged properly and it is difficult to study from there.
What do we mean by Muster Roll in a company?
dear sir, i am accontant i want change the job but each & evry new employer want accounts and auditing work done through accountant can you tell me some auditing stricks
Hi Good Morning
I want start a new Tours and Travels business my turnover will cross more than Rs 900000 . i want register service tax. i don't know how to register and where i have to register and another question is its proprietorship may i apply another PAN and my pan is applicable ?
Sir, I am working as an articled assistant. I am doing concurrent audit in RBI. RBI is purchasing newspapers and magazines from a particular vendor but they didn't make any contract. They are paying beyond Rs30000 every month to that particular vendor. So my question is shall TDS applicable for that amount?
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Difference in provision of bonus and actual bonus paid.