what is the difference between one person company and proprietor ship?

Hello, hw to verify bank reconciliation statement & tds of a non profit organisation,to be specific, a medical college?

Dear Sir,

We know that an independent auditor should not provide certain non-audit services to the client and one among them is investment advisory services.

If an independent auditor is giving some presentations ( Projections of profitability, cash flow etc of the client ) before the prospective investors ; would it be considered as in the nature of investment advisory service ?

Kindly explain.

Thanks in advance for all your inputs.

My last year ( FY year ending March-14) turnover is audit case (above one crore) i got my books audited.
Current year ( FY year ending March-15) turnover is less than one Crore.
Am i liable for Tax Audit.


Till now i have not taken TAN, am i liable to get the TAN, if i have not claimed any expenses above the TDS limit.
Because as per by business situation in future my turnover will be less than One crore thats why i dont want to take TAN.

Please guide.

Hi.. There is an asset management company (private) which values its investments in equity & mutual fund at cost. Whether accounting treatment is correct. AS-13 (Accounting for investments) is not applicable to the company.

Please suggest.

Major concerns during statutory audit of companies according to new companies act 2013.

Hello and Good Morning Everyone,

I have query regarding statutory audit of pvt ltd company engaging in education (coaching,etc.) sector.

I want to know the steps from the very beginning of stat audit of the said company. Also, let me clarify how to do this because I am only the article assistant in a ca firm and not done any audit before.

Please share your knowledge.

I had already uploaded 3CB & 3CD within 30 Nov 2014 but not approved till date.
1. what will be the consequences?
2. what will be our next step, whether approve now or not?

Mr X CA IS DIRECTOR IN SUBSIDIARY CO.CAN HE AUDITOR OF HOLDING CO.IS THERE ANY DISQUALIFICATION OR PROFESSIONAL MISCONDUCT IF HE ACCEPT

is the same rate of depreciation charged on remaining life of assets which we will calculated in this f.y 2014-15 on old assets?