This Query has 2 replies
which main points are to be covered in a company audit?
This Query has 2 replies
hi friends,
my client has recently got a petol pump alloted in his name. in this financial year 2013-2014 his turnover will exceed Rs.2 crore. he has only purchase bills of oil and daily sale register(quantititive).
what other documents like salary register etc. he should make for audit purpose. his sale is retail as such is it is necessary to maintain the sale invoice bill book.
please guide me to make his a/c and other documents in a better way.
thanks
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how to appointment of director for private limited co. or existing director termination
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Sir,
In my case, a Company registered dated 23/05/2012 having 6 directors each holding 2000 of Equity Shares (Details as filed in FORM-1). During the Financial year, due to some disputes among the shareholders, 2 of them resigned on 01/07/2012. We have duly filed FORM 32 on 01/08/2012 for the same.And we assumed that all Shares of the resigned Shareholders transferred to one of the existing Shareholder of the company (have not filed any form for Transfer of Shares).
Now, while filing its First Annual Returns (FORM 20B), we have properly given the details of all the existing & resigned directors (Date of ceasing wherein applicable)
Now, the point is that we want to normally show the shares of resigned directors' (2000+2000=4000) added to share holdings of 1 of the existing shareholder.
Is our point of view is correct according to the provisions of Company Law and process or not?
if not what is the actual process for the same(for 1st FORM 20B)?
Please highlight the same as your earliest.
This Query has 2 replies
Sir,
In my case, a Company registered dated 23/05/2012 having 6 directors each holding 2000 of Equity Shares (Details as filed in FORM-1). During the Financial year, due to some disputes among the shareholders, 2 of them resigned on 01/07/2012. We have duly filed FORM 32 on 01/08/2012 for the same.And we assumed that all Shares of the resigned Shareholders transferred to one of the existing Shareholder of the company (have not filed any form for Transfer of Shares).
Now, while filing its First Annual Returns (FORM 20B), we have properly given the details of all the existing & resigned directors (Date of ceasing wherein applicable)
Now, the point is that we want to normally show the shares of resigned directors' (2000+2000=4000) added to share holdings of 1 of the existing shareholder.
Is our point of view is correct according to the provisions of Company Law and process or not?
if not what is the actual process for the same(for 1st FORM 20B)?
Please highlight the same as your earliest.
This Query has 2 replies
will an assessee be covered under section 92B audit if his all sales to one party during the previous year which exceeds rs. 5 crore.
This Query has 4 replies
dear experts please let me know "how many types of works are there in articleship and which is more important"
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Whether the given statement is true or false?/?
Mr. X,practicing Chartered Accountant appointed as a "Tax Consultant" in ABC Co.Ltd in which his father Mr B is Managing Director.
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Who are the statutory auditor in Spaze Tower Private Ltd?
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The firm has done internal audit for half year (2013-14).Now the client wants to appoint the firm as statutory auditor. Can a firm after resigning as an internal auditor can be appointed as statutory auditor for the FY 2013-14.Kindly provide support for the answer. Case law or provisions governing the same.
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Company audit