3 people joined together to start a firm.one of them become proprieter the other two act as employees but three of them take equal salaries.they share profits equally.only proprieter files income tax returns the other two wont file any income tax returns.
Now my question is what is legal and what is illegal in the above. what steps to be taken to be legal

dear sirs / madam

sumbady tell me how to audit of ESI payments?

thanking you

who will fill the vacancy arise due to the resignation 0f first auditor and under which section

as we all know that ca final books are upadated upto a certian period so untill the next amedmend not available we have to wait so i would like to know the sites from which i can update my books on timely basis

SIR

COULD YOU PLEASE PROVIDE ME DEPRICIATION SCHEDULE AS PER COMPANY ACT & AS PER INCOME TAX ACT , ALSO TELL ME THE DIFFERENCE BETWEEN THEM.


THANKS

MUKESH KUMAR

Dear Sir,
Please can anyone tell me what are the check list and what are all the records to be verified for purchases by internal audit department in case of a manufacturing company.

Please explain me your answers will be highly appreciated.

Thanks & Regards,
Rajesh

whats the procedure to apply for articleship in big4 CA firms. ?

SIR

THIS IS M/O FEB 2014, AND CASH IS NEGATIVE IN THE M/O JULY 2013, & SEP 2013 DUE TO BOOK CASH EXPENSES, NOW TELL ME CAN WE TAKE RS 5-6 LAC AS CASH UNSECURED LOAN AND HOW CAN I WITHDRAW FROM THE BANK ON BACK DATED.

THANKS & RGDS

MUKESH KUMAR

SIR

PLEASE TELL IF I FOUND THAT CASH IN MY BOOK IS NEGATIVE IN THE MONTH OF OCT 2013, WITH RS 5 LAC AND THIS IS PVT LTD CO. THAN HOW I CAN ADJUST THE CASH , IS THERE ANY SOURCE THAT WE CAN INTRODUCE CASH FROM CAPITAL.


THANKS & RGDS

MUKESH KUMAR

Respected Experts,
I am working in an internal audit department. I am asked to verify the records and what are all the internal controls available for purchases, sales, expenses, petty cash expsesn, credit notes and debit notes. Purchases steel and Furnace Oil is the important raw material for the manufacturing of their product.

Please guide me how i have to carry out the above functions.

Expecting the experts to share their knowledge. It will be great help for me if you can do it now.

Thanks & Regards,
Rajesh.