ABC is a partnership firm. ABC has no sales during the assessment year 2022-23 as it's business is not yet started. But the firm has purchase during the year.

Whether the firm ABC is laible to tax audit or not ?
OR whether the firm ABC is laible to income tax return ?

While doing the Internal Audit (Luxury Car) of a car service centre, how should I perform the correct audit procedure?
While doing the vouching of sales, purchase, cash , what do I need to know before proceeding with the vouching. What question do I need to ask?
What are the other things I need to know or check while performing the audit?

Internal Audit of luxury cars which are directly imported from another country.

We are a 100 cr manufacturing company in goa. Looking for experienced internal auditors from top quality audit forms. please share complete profile with prof fees and contact details.

Thanks.

Hi All
We have few contract employees to running the payroll and they are working in XYZ organisation.
Now the XYZ organisation conducting internal audit, they asking us few declaration, Could you please send us the formats, as we are new to this type of audit
1) DECLARATION ON NUMBER OF INTERSTATE MIGRANT WORKERS DEPLOYED BY THE CONTRACTORS
2) DECLARATION PERTAINING TO DEPLOYMENT OF INTERNATIONAL WORKERS.
3) Register in Form D under EQUAL REMUNERATION ACT
4) DECLARATION ON LIST OF NATIONAL AND FESTIVAL HOLIDAYS APPLICABLE TO THE EMPLOYEES DEPLOYED AT SOCGEN

Dear Experts,

As we know minimum salary in DELHI is 21,800/- for graduate employee. Can we split this salary as per below : -
1) Basic Salary : 14,000
2) HRA : 5,000
3) Other Allowance : 2,800

Kindly advise.

Rakesh Sharma

IF A CA IS APPOINTED AS AN AUDITOR OF A LISTED ENTITY FOR FY 2021-22, SO FOR SIGNING OF AUDIT REPORT FOR FY 2021-22 DO WE NEED TO GET PEER REVIEW CERTIFICATE CONSIDERING PEER REVIEW MANDATE ROLLOUT - PHASE I ACCORDING TO WHICH ANY CA FORM WHICH HAS UNDERTAKEN AUDIT OF A LISTED ENTITY, SHALL HAVE TO GET ITSELF PEER REVIEWED WHICH IS APPLICABLE FROM 1ST APRIL, 2022 AS THE SIGNING DATE WILL BE AFTER 1ST APRIL, 2022.

Can you please clarify if a public unlisted company have 2 auditors wherein either of them can sign the final accounts for the financial year?

I am Tax Consultant.And i want to Tax Audit My Clients Through Your site.
Is This Possible?

What is time limit for internal audit of NBFC for FY 2021-2022 ?

What about UPAS LC? Should it be required to book the UPAS payment in the book as well? UPAS payment is not in our control. Confirming Bank discounts the bill with some other banks and disburse the payment to beneficiary. LC liability lies with confirming bank until it matures. And upon maturity if i do not book the liability to to my book, will that be a problem which may trigger restatements of the previous accounts?