Audit QnA - Page No 41

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Jatin Khanna

14 February 2009 at 17:27

Statutory and ethical duties of an auditor being appointed

Hi,
Would like to know the Statutory and ethical obligation of an auditor being appointed other than the retiring auditor of a public as well as aprivate company

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CA BIREN SHAH

11 February 2009 at 17:29

to do or not to do the audit.

1. i have two propritorship farm.one of them is cloth and another is of chemical business.
now turnover of cloth business is 35 lacs and turnover of chemical business is 10 lacs.
whether i am liable for tax audit u/s 44AB?

2. if turnover of the profession is 8 lacs and turnover of business is 35 lacs.
then i am liable for tax audit u/s 44AB?

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sanjeev

23 January 2009 at 12:52

aas or new version sa

hello friends & seniors
please clear this doubt
whether aas are applicable or new standards on auditing are applicable for may 2009..
many thanks in advance

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seema singla

09 January 2009 at 11:36

44AB of income tax act

What is the criteria of tax audit in case of a commission agent whose major receipts are by way of commission and turnover used to be in thousands only. It will be covered under sec. 44AB or sec. 44AF. Also, in the last column of tax audit report, how the ratio as to net profit/turnover to be calculated.
Plz ans.
Thanx

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Md. Safi Baig

07 January 2009 at 16:41

miscellaneous expenses

what are miscellaneous expenses? is there a certain percentage of turnover allowed as miscellaneous expenses which a company can incur?

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AKASH

03 January 2009 at 12:59

PRECAUTIONS TAKEN IN VAT Audit

can any one tell me the precautions that one should take as an auditor while filling new audit report form 704.
again
the care which should be taken while doing VAT Audit.

WAITING FOR YOUR REPLY.........

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CA Vijay V Kodmur

02 January 2009 at 17:07

Model Internal Audit Report

Hi Friends,

can any one send me model of internal audit report at following

e-mail id vijay_2626503@yahoo.co.in

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Shiv om Jindal

01 December 2008 at 20:14

Suspicious Transactions Report

My query is regarding suspicious transactions that a bank has to report on weekly basis. if a person has withdrawn about 120 lacs in cash in about 7 transactions from his saving account, which is new a/c about 3 months old.He also has same sort of deposits and there are similar trasactions other than in cash. Should this type of a/c be reported in the STR.

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