Dear All,

Can statutory auditor be appointed as Tax Auditor? Is there any requirement to pass a Board Resolution for such appointment.

Please provide your valuable comments at the earlies.

Thanks & Regards,

a company is already appointed one auditor firm for one year but now the company wants to appoint one more auditor firm for next five years. Can a company appoint one more auditor firm?

Hello,

A fire occured in my client's premises resulting into destrcution of all the books of accounts alongwith evidences. So, should we give disclaimer of opinion report or a report which we can frame from our working papers.

Also, our audit fees is pending since last 3 years so whether we can deny to sign the audit report or we need to sign the report.

Please advise at the priority.

As per companies act 2013, the qualification of an auditor is that he should CA as per CA act. Also he is disqualified if he is in employment elsewhere. But it is nowhere written that he should be practising CA. So whether a CA not holding COP can be auditor of company if he is not in employment elsewhere?

Dear sir/ madam
I am bit confused regarding the limit for applicability of section 44AB on Real Estate Consultancy Firm (property dealer).

Hi,

If there are more than one crore sales or redemptions made in equity shares and debt instruments,is tax audit applicable to that person.

Thanks

CAN ANY ONE TELL ME WHAT IS MEANT BY CONTROL RETURNS WHICH ARE SENT BY BRANCH TO HEAD OFFICE IN BANKING INDUSTRY. THANKS IN ADVANCE.

plz tell me what are the control returns, which are sent by branch to head office in banking sector

1) WHETHER CO-OPERATIVE CREDIT SOCIETY IS COVERED UNDER SCOPE OF REPORTING OF ACCEPTANCE OR REPAYMENT OF LOANS OR DEPOSITS FOR GREATER THAN Rs. 20,000/-????

2) AS WORDS OF SECTION 269SS AND 269T SAYS THAT IF THE LOANS AND DEPOSITS ARE EXCEEDING Rs. 20,000 OR OUTSTANDING BALANCE IS EXCEEDING Rs. 20,000 THAN IT SHOULD BE REPORTED... DOES IT MEANS THAT IF LOANS OR DEPOSITS ARE TAKEN OR REPAID ABOVE Rs. 20,000/- AND BY MEANS OF ACCOUNT PAYEE CHEQUE THAN IT IS NOT REPORTED UNDER 269SS AND 269T??

Should a governing body member of a society (reg.under societies reg. act-1860)appoint him/ her self as Director/ employee to draw salary from school running under that society? In other hand would a society member liable to draw a salary for his/ her services from same society school?