Anonymous
This Query has 8 replies

This Query has 8 replies

18 October 2013 at 13:10

Turnover limit

What is the turnover limit to get audited for an IT company?

Is it 1 Crore?
I'm just confused as IT companies are professionals, and the limit for professionals is 25 Lac.
So, which limit will be applicable on an IT company 25 Lac or 1 Crore?


Varsha Agarwal
This Query has 2 replies

This Query has 2 replies

17 October 2013 at 14:10

Internal audit of college

Please provide me with a checklist for internal audit of a college and the various aspects related to its laws & regulation.



Anonymous
This Query has 4 replies

This Query has 4 replies

Can a company have different Incometax and Statutory auditor??


Meenakshamma
This Query has 5 replies

This Query has 5 replies

16 October 2013 at 12:39

Revised audit report

Thanks in advance, Sir, Can Audit Report be revised after submission of Audit Report



Anonymous
This Query has 3 replies

This Query has 3 replies

16 October 2013 at 12:28

Clarification required

Sir,

If Form 3CD is filled correctly but Annexure A of 3CD filled with the wrong figures what will be the effect of this, Please suggest.

Thanks



Anonymous
This Query has 2 replies

This Query has 2 replies

Dear All
Please Clarify

A proprietary concern(Assume a CA ) was liable for tax audit for A Y 2011-12 and A Y 2012 13.
After increase in Audit limit the firm has no tax audit in last A.Y.
Please tell me whether the prop firm is Liable to deduct TDS in the next financial years


Amitabh Barooa
This Query has 1 replies

This Query has 1 replies

15 October 2013 at 13:34

Audit committee of the comapny

Sir,
Please read the case as below,
One person has been nominated as an Independent Director of a Govt Company by the concern State Govt. That very person has been a Supplier of various goods as well as buyer of products from the same Company for a long time. Further, the said person has also been made a member of the Audit Committee by the Board. To the best of my knowledge, person having pecuniary relation with a company can not hold such position.
May I know your take on the subject and some more insight to this type of a situation. Is it legally tenable, as far as the new Company's Act is concern.
Thanking you,
Yours truly,
Amitabh Barooa
+919435048010


Sushant Mahajan
This Query has 7 replies

This Query has 7 replies

If an audit report(3CB-3CD) was filed but in the attachments, for balance sheet and Profit and loss A/c only 1 page each for both was uploaded without any annexures.

Are there any consequences of filing revised Audit report just to correct the mistake in these attachments?

Please reply. Its very urgent.



Anonymous
This Query has 2 replies

This Query has 2 replies

15 October 2013 at 00:29

Statutary audit

please describe all the points which an auditor is required to check while conducting company audit?


Rupesh
This Query has 1 replies

This Query has 1 replies

14 October 2013 at 11:42

Deep sea fishing income

Dear Sir,

1. I would like to know whether deep sea Fishing Income comes under agriculture Income & exempted under section 10?

2. If yes, gross income morethan 1 Crore, then Whether Audit is required???

Pls reply ASAP
CA Rupesh Agrawal






CCI Pro



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