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what is the Form for Audit under section 35 AD of Income Tax Act. Please provide me the specified Form or suggest me how to present the details for that i.e. reporting for the specified business
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This Query has 1 replies
There is a column (Point No. 26) for deduction under chapter VIA in the tax audit report. We usually write ' as per income tax return' But there is no provision to write such words in the offline forms that are to be uploaded. So, while uploading, if we select 'no', and do not mention any deduction to be claimed, Can we still claim the deduction in the ITR? or the deduction is available only if we mention it clearly in the tax audit report?
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This Query has 1 replies
Dear sir,
We were doing Tax audit & Vat Audit for the year ended 31.03.12 of a Public Ltd Company having a turnover of more than Rs.25 Crores.
For the year ended 31.03.2013 the company has appointed another auditor without any intimation to us.
1) Is it compulsory for the newly appointed Tax auditor u/s 44AB to seek permission from me ?
2) If it is compulsory than what is the alternative left before me if the newly appointed tax auditor doesn't take permission from me. Pls note that I do not know the name and address of the newly appointed auditor.
The Head of the Finance Dept. of the company has not informed us regarding the same.
3) If seeking permission from the previous auditor is not compulsory for Tax and vat audit than is it compulsory for statutory audit of a company ?
Pls reply in details.
Thanks in advance
This Query has 3 replies
one of my client have a company. which have only some profesional & office expenses no income earned. what type of forms require for online form subimiision ( for which form CA Add) IS 3 CD, 3CA applicable on this co.
please suggest.
This Query has 3 replies
I have a client - Private Limited Company who has not commenced operations during the year 2012-2013. Only Balance Sheet is to be audited. No P&L .Please explain the following-
Will this be counted as an audit while calculating the number of audit assignments undertaken by a me?
Please explain.
Thanks in advance
This Query has 3 replies
i have a company. the company currently is not doing any business. there are only two transactions: bank charges and audit fees.
I WANT TO KNOW WHETHER COMPANY IS REQUIRED TO FURNISH ANY AUDIT REPORT(3CA-3CD, 29B)UNDER INCOME TAX ACT 1961. IF YES, WHETHER IT IS REQUIRED TO E-FILE THE SAME.
This Query has 1 replies
There is a column (Point No. 26) for deduction under chapter VIA in the tax audit report.
We usually write ' as per income tax return'
But there is no provision to write such words in the offline forms that are to be uploaded.
So, while uploading, if we select 'no', and do not mention any deduction to be claimed,
Can we still claim the deduction in the ITR?
or the deduction is available only if we mention it clearly in the tax audit report?
This Query has 2 replies
Dear Experts,
What is the Format for filing the tax audit report of a Non profit Organisation?
*Note: Other than Form 10B(Auditors Report)
This Query has 1 replies
Dears
WHETHER A CA IN PRACTICE CAN SIGN AUDITED STATEMENTS OF A BUSINESS HAVING TURNOVER LESS THAN TAX AUDI T LIMIT? HE IS ALSO NOT COVERED FOR TAX AUDIT IF CONSIDERED UNDER SEC 44 AD. THIS AUDITED STATEMENTS ARE REQUIRED TO GET A BANK LOAN. Please give me an answer. Its very urgent
This Query has 2 replies
Hi;
I M working ABC co ltd.
My Employer Deduct the TDS under 194J(Professional or Commission Fees)Total amt of TDS for A/Y 2013-14 Rs.1,00,165.
& 2nd thing is that My Empolyr open a Company BA co ltd on my Name & TDS cut on this COMPANYS is REflected on my 26AS ie Rs.1,74,500
Now my question is that
1) IS It come under Audit?
2) How to file Return?
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Audit under section 35 ad of income tax act