How many companies are covered under sec 138 Of companies act for internal audit?
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Answer nowDear Members,
One of my client is Franchise of Major Money Changer (Like Paul Merchant/ UAE Exchange) and it is purchasing Currency from customers and selling the currency to Franchisor and getting commission However the commission was not paid separately, it was adjusted in price e.g. if he is purchasing the C/N from Customer (20$ @ 66) and selling it to Franchisor at (20$ @ 68) and this Rs. 2 is his commission which is also reflecting in 26 AS.
Now my question is How to calculate Turnover for Tax Audit.
Option (A) Turnover = 20$ * 68 = 1360
OR
Option (B) Turnover = Rs. 2 i.e. Commission
Thanks in advance.
Please give solution to the below querry
As per ESIC new notification S-38013/19/2016-SS.l esi is to be paid for every employee who is earning salary/wages up to Rs 15,000 per month respectively. What about PF ? If any notification please suggest.
For a software Private company which does not require reporting under caro. Should we really mention that in the independent auditors report that caro is not applicable and leave it there or should we still go ahead and provide the an annexure on caro
Answer nowDear Respected Team,
TDS We are required to deduct on Credit or payment Whichever is Earlier.Where Credit Means What ? Whether Accrued Or Due ?? Suppose Our Client Taken BC Loan On 15-Mar-16 Amount of $1000 @ 9% Interest, Actually Due On 15-jun-16 Along With Interest. For Closing Books as on 31-mar-16 We created provision for 17 Days Interest On that Time We are Required to deduct TDS ??
Please Tell me relevent answer with supporting of relevent sections of Act.
Can anyone please guide/tell me what all should be seen in internal audit in hospital pharmacy???
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Answer nowFriends, please help me in this... Is rotation of auditors applicable to government company? Thanks and Regards
Answer now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Internal audit