DEAR SIR,

MY FRIEND HAS AGENCY OF UNINOR

THE TRANSACTION IS RS 6 CRORE ANNUALY

HE RECEIVED COMMISSION 2 %

THE AMOUNT RECEIVED OF RS.6 CRORE FIRST RECEIVED BY HIM THEN AFTER TRANSFER IN UNINOR COMPANY ACCOUNT

HE LIABLE FOR TAX AUDIT ?

If a Private Company makes a loss in Previous Year then is it Compulsory to do Tax Audit.

Total Turnover of Company is just INR 26,000/-
( Twenty Six Tousands only).
&
It incurred loss of -9000/-

how much amendment in ipcc for nov2014 in my view there is change in company audit chapter please clarify & provide the link for downloading the amendment if any thanks in advance

which book to refer for audit for finals.

My party is purchasing goods in cash which are exceeding 20000 as seller is not accepting payments by any other mode.
how should i carry audit and reporting.
any re;axation in rule 6dd if seller is not accepting or any other remedy

plz guide

Dear Sir/ Madam,
I have filed my Audit Report on 25/08/2014.
However due to the notification dated 25/08/2014, I have to prepare New 3CB-3CD.
I wanna know whether I have to write it is as Revised Audit Report or the the as the previous one is nullified, can i upload it as usual Audit Report...

I would appreciate your reply at the earliest.

Thanku

Hi

I am giving my IPCC Gr2 in this nov... Somebody told me that companies act 2013 amendment is not applicable wrt audit for nov exams...Is it true?? In that respect how would i quote the section number for Company audit practical ques??? the old if i quote is it justifiable...plz respond


With regards

If owner owes more than 10 Vehicles & Gross receipt is less than 1Crore. Can we file Return considering income U/s 44AD instead of 44AE? Is audit compulsory u/s 44AE?

My sales is Rs. 89,00,000

My Expeses Is Rs. 87,00,000

i having dedution under 80C Rs.50,000

My Net Profit is Rs. 2,00,000/-

my Total Net Income After 80C is Rs. 1,50,000/-

Wheter i have to audit my account

Hi Everyone,

Is any body have detailed procedure/Book/ checklist etc for newly CA for conducting first Time Tax Audit. Details including care to be taken while updating 3CD & 3CB reports.