Anonymous
08 April 2016 at 10:18

Audit u/s. 44ab after due date

Audit for AY 2014-15 & AY 2015-16 not done still 31/03/2016, so is it possible to do audit u/s 44AB after the due date?

Can any problem to CA for doing audit ?

Please give reply as soon as possible.

Thanks in Advance.


CA Tanay Jindal
07 April 2016 at 19:26

Bank audit

XYZ Bank charges interest on its Advances on 30.03.20XX and the account classification is done on 31.03.20XX (i.e Classification of NPA) and if account become NPA (i.e sub-standard on 31.03.20XX).

Whether to Reverse the Interest Credited in the account of the NPA (Sub-Standard.) on 31.03.2016.



Anonymous

Hi,

If individual firm having Sales Rs.1,07,00,000 and Sales Return is of Rs. 10,00,000. and Net Profit is Rs. ,500,000. So, I Have to do audit either u/s 44AD or 44AB. But Question is that weather turnover i should take is Rs. 10700000(Gross) or Rs. 9700000(Net of sales return)???

if audit is under 44ad, then no need of to deducted Tax (TDS) for commission next year.

Plz Help


tejas
02 April 2016 at 20:24

44ab

while deducting tds.. If an assesee who has both income from business as well as profession but if he is covered under tax audit only in either of the two.. will he be able to deduct TDS to expenses pertinent to both business as well as profession.. or only in which he is cover under tax audit.... please explain



Anonymous

Hi Experts I want guidelines for audit of Bank Branch which is treated as Currency Chest.
Thanks


siddhesh
26 March 2016 at 21:25

Bank branch audit

pls tell me how to do bank branch audit and which precautions have been taken



Anonymous
24 March 2016 at 15:40

Audit section 44ab

Dear all,
pvt. Company's profit before directors remuneration is exceed 8% but after providing the same to directors, the profit is being below 8% in this case weather audit under section 44AB is to be done or not

Thanx & Regard
Devesh Garg



Anonymous
23 March 2016 at 08:40

Statutory audit

Dear sir,
Plz let me know what is statutory audit and when it would be conduct....

Regard
Vimal jain


kartik chawla
21 March 2016 at 23:07

Finalisation of accounts

Dear friends
Can u pls guide on how to do finalisation of accounts. As this is my first assignment of such a type. Your quick responses will be highly appreciated.

Thanks in advance


kanchan Bhattad
21 March 2016 at 17:58

Internal audit

what work does internal auditor do,an example for this





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