Can a Chartered Accountant whether pursuing final or have completed his CA and doing job becomes the proprietor of the business?

Assessee has a tax audit. He has taken housing loan, but neither the loan nor the property is reflected in the balance sheet of the business and we are not claiming interest expense also. Is there a liability to deduct tds? If no can you just let me know the section to be referred?

Thanks in advance

Especially auditing standards

Dear sir, Suppose if we find a NPA in bank audit amounting Rs.1,000,00/-(Principal-90,000,interest-10,000) then we write in MOC as decrease in income=10,000/-,then what is the other effect whether to decrease in assets=10,000/- or decrease in liabilities=10,000/-. Please clarify the doubt as early as possible.Thanks in advance.

Hi there! Our firm is a private limited company incorporated in December 2011. The company has not yet opened a bank account as we were not in operation. We were outside India and now plan to start operations but we are told by the CA that due to non-filing of balance sheet for the last five years we need to pay a hefty fine to get clear of the irregularity. Though we had deldgated the duty to the CA to take care of such formalities promptly but he has been ignorant about it for the last 5 years. I wish to know (a) sections that are violated and (b) how much would be the total due including fine?

Can you please tell me the procedure to apply for Bank Audit. I know how to conduct it . But I do not know how to apply for it. please help

Please tell me about p.f audit. How to audit of salary p.f

SA 265

Sir I am a money transfer agent and earn commission
What if my turnover exceed 1crore and commission is below 1lakh
Do I have to do any thing regarding income tax or audit

if A & B are two partners of AB & CO. and X relative of Mr A, holds security in MNO Ltd. of Rs.110000. Can Mr B appointed as an auditor of MNO ltd?