my client is a contractor and he have received 105,52,960.00 as gross receit including EPF, Service Tax, Labour & Wages ESI & Bonus amounting Rs. 17,92,182.00, 3,39,118.00, 66,97,847.00, 5,27,169.00 & 3,12,347.00 respectively.
In this circumstances I want to Know whether Audit is required or Not. If No, what is tax treatement.
PLZ Advice Me.
Thanking You.

How vouch the export sale made?

Are there any conditions for compulsory appointing Internal Auditor in companies like some amount of turnover or listing etc. ?? Or it is not compulsory at all ??

My client has entered into aggrement with vendor including Service as well as supply of goods.
The vendor , in his invoice charges
VAT @ 5% on 75% of the total bill amount and Service tax @ 12.36% on 70% of the bill amount.

For Eg:
Bill Amount : Rs 1000/-
VAT Amt : 37.5 (1000*75%*5%)
Service Tax : 86.52 (1000*70%*12.36%)

Is such levy of tax justified?
is TDS and WCT both required to be deducted @2%??
Can TDS and WCT both be deducted at the same time on one invoice?
Please ans asap

Hello Everyone,
I have an query in section 139 of the companies act, 2013. If the auditor firm has been appointed every year in agm from last 2 years. Now if company want to appoint firm for next 5 years, can she do it? if no then how many years appointment can be done?
can anyone please explain the exect provision?
Thank you.

My client is a listed company and it purchases printing & Stationery items from a particular vendor ( items like cartridges and Toners in bulk and other stationery item like A4 papers, folders etc..
Whether TDS-Contractors is supposed to be deducted on such purchases?

Is it necessary to file Form 23B if ADT 1 is filed??
I heared that if company files ADT 1 then appointed auditor need not to file 23B.
Please reply..

sir small pvt co like having turnover 10k- 85k also required statutory audit and audit report
or we can directly submitt p&l B/s to IT dept. as well as ROC

Can any one provide me the basics of How to do audit of fixed assets ?


Please rply dis query asap.

Anyone please help me.i was uploaded a ROC annual forms as on 17/11/2014 and made a pay later option then i get a challan,in that challan the due date of payment will be 24/11/2014.Later i will not paid that amount because busy with tax audits.Experts please help me.