Dear All,

Can any one tell me whether a partnership firm (not an LLP) who is engaged in manufacturing process is required to get its cost records audited or not.

If yes, then under what circumstances.

Please guide.

if there is violation of accounting standards that need to b followed den whether auditor needs to issue qualified report or adverse report?

Hello every one,
I have a query on Impairment loss.
Q1) Whether you will write off of the full value of asset (Building) when you have impairment(i.e, Building has been demolished in my case) ?
Q2) What kind of supporting document you can find while doing audit and IT scrutiny ?

Please take it as urgent.

Thanks in Advance.

Can anybody send me Compulsory COST AUDIT notification plz???? What is the minimum Turnover required for the company to b eligible for Cost Audit??

When we already have an audit report than why we require the CARO. What is the essence of CARO. What was the point where audit report was not sufficient for companies and CARO was required?

If assessee is an individual and engaged in the business of financing purchase of goods on Hire Purchase, will Service Tax provisions apply on interest received in this?

Please reply.

The turnover is less than 1Cr, but the clients wants to hv tax audit, now my ques is what is the procedure to follow for the tax audit of this prop firm. Is that also required to prepare the auditor's appointment letter & is it also neccessary to send intimation of that to the auditor as we used to do in case of companies.

Respected Sir,
One of my client purchased a shop at Virar, the amount is paid through account payee cheques and agreement is made just on Rs.100/- stamp paper, but the registration and stamp duty cannot be done as according to me the amount has been paid just for the construction of structure and not for the land as in the future may be the person whose name is registered with the land can demolished the property and our investment value become zero. Kindly advice me about the treatment i can do and under which head of balance sheet should i can take.

Thanking You

SIR,
IN OUR FIRM THERE ARE 5 PARTNERS. I AM SENIOR MOST PARTNER. CAN I SIGN ALL 225 REPORTS USING MY DIGITAL SIGNATURE?
ALSO GUIDE ME FOR THE PURPOSE OF COUNTING 45 AUDITS SECTION 44AD AUDIT WILL BE CONSIDERED OR NOT?

Dear Expert,

What does Check auditors audit time.