Dear sir,

We are engaged in production of CI/ DI Castings including brake drum used by Tata motors for there automobiles(under subheading (87 of Excise) our turnover of FY 2011-12 Was Rs. 205 Crores.

My query is that weather cost audit is mandatory for us or not.

if mandatory in what ground.

kindly give me suggestions on this...

What are the consequences of not filing form 23B and late filing of form 23B. Please provide me penal provisions if any

How to check Income or Revenue Leakages in Concurrent Audit?

how to transfer articleship from one firm to another...

Sir
Inrespect of a Private Limited Co who's Paid Capital is Rs 21 Lakhs and turn over Less than One Crore and Closed their loan amounting to Rs 95 Lakhs during 2012-13. Whether CARO is applicable for 2012-13 and for next years. Please note that as on 31.3.2013 there is no amount outstanding to any Bank or Financial Institution .
RGDS

Dear sir,
I am doing medicine business, turnover is 90 lacs and profit is 7%. Then will i have to do tax audit? answer as soon as possible

WHAT IS THE MEANING OF 2% OF AVERAGE OF TOTAL TURNOVER OF THE COMPANY, AS GIVEN IN COMPANIES BRANCH AUDIT EXEMPTION RULES 1961

HOW TO CALUCULATE ABOVE AVERAGE ?

IT IS SAME WAY AS THE AVERAGE CALUCULATED IN RESPECT OF AVERAGE QUANTUM OF ACTIVITY.?

Dear sir,
"A business having less than 1 crore of turnovers and also profit is below 8%. In this case, the business would have to do TAX audit or NOT. Please answer the question as soon as.

Dear Sir,

Can a DIRECTOR of parent company can be appointed as auditor of subsidiary company.

I am in confusion regarding meaning of audit & tax audit and what is difference between them. Please help in clearing my doubt I shall be really obliged to you.