As per clause 4 of part 1 of first schedule, a CA can enter into partnership with people whose qualification is recognized by the CG or the council.A past year question about partnership between CA and advocate, asking whether is it professional misconduct or not.Pankaj sir and Surbhi madam book says it is not misconduct as advocate (I.e. Bar council) is recognized by council. However, PRactice manual says that it is misconduct. Kindly clarify what to follow. Pankaj sir and surbhi madam's answer is logical and seems right, but ICAI gives mark for study mat's language. Thanks.

what will be the appropriate useful life of hydraulic mobile crane as per schedule ii of companies act 2013. Is it correct to show as vehicle or plant and machinery

I want to know what are the changes in PAPER 6 : AUDIT OF IPCC FOR MAY 2015 attempt. Is the syllabus same as it was for MAY 2014 attempt ? Which edition of ICAI MODULE to refer for MAY 2015 attempt ?

Plz reply !

Want to know about the amendments in audit for may 2015

Whether following services provided by auditor will attract section 144 of Companies Act, 2013:
1. VAT audit
2. VAT return
3. Service tax return
4. Income tax return
5. Tds return

Please Clarify,

A private company all directors using credit card for personal expenses,booking as staff welfare in company books,my doubt is what evidence need to see,whether credit card statement only or invoices and receipts of such expenses.

Please

Hi sir / Madam,
When we are reporting about statutory dues in annexure to auditors report as per Para 4 & 5 of CARO, 2003
Do we need to mention only the amount of default(excluding penalty and interest) of such statutory or do we need to mention the amount including penalty or interest on such default?
Kindly reply as soon as possible.

Dear sir

I want to Know creating reserve for doubtful debt,its showing in the books from more than one year.

My querry , till what periad reserve for doubtful debt can be recorded ?

Thank in adv

regards
sushil upadhyay

Hi. I'm having difficulty understanding Fixed Deposits. Closing interest accrued as per my calculation defers from amount confirmed as per Bank. Some banks accrue interest while confirming and some don't. Also, how can we check if the bank accrues interest quartrely or halfyearly or..... Nothing was mentioned on the FDR.

Plz help!