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CA Pramod Jain
This Query has 1 replies

This Query has 1 replies

Plz advice on following :

Company has purchased a ready to use flat @ pune last year 2011-12, but company has not claimed depreciation on assets neither as per co act or it act in last year 2011-12.

whether company should provide dep as per co act as per the concepts of AS - 6 and not provide dep as per sec 32 of it act (business use funda, since the assesse has not used this assets for business purpose.


Rajat Bansal
This Query has 4 replies

This Query has 4 replies

23 July 2013 at 12:36

Audited balance sheet contains fraud

Dear sir,
If an audited balancesheet contains fraud, can we restate figures in it and what is the liability of ca when he is not aware of the fraud and conducted test check basis vouching and erformed closing audit....
company is a listed company and balancesheet is already sent to sebi, roc etc


RAHUL SUDI
This Query has 3 replies

This Query has 3 replies

23 July 2013 at 12:24

Schedule vi

Pvt ltd company is incorated as on 1-4-12 but not started business operations and incured some expenses.The company is liquidating in same financial year .Please tell me Which Disclosures I have to Make While preparing Balance Sheet As Per Schedule VI.


Sandeep kumar Mahakul
This Query has 1 replies

This Query has 1 replies

22 July 2013 at 16:33

Qualify report

How to prepair a Qualify report,
Problem-->26AS shows tds amt but in the books of account not mention.please sir suggest me.


sandesh upadhyay
This Query has 2 replies

This Query has 2 replies

21 July 2013 at 12:45

Company

Dear sir,i have registered my properitor firm to comapany as pvt ltd. on jun 2010 for pharma product marketing.unfortunately financial crises i become to found very loss.i have not started work with this company .now i want to starts my work with this company what i have to do.


CA Salma
This Query has 1 replies

This Query has 1 replies

21 July 2013 at 11:41

Tax audit

if a person has turnover below limit say rs.98 lcs and its not mandatory for him to audit his books of accounts..which will be his minimum tax liab. and as a professional what advice we shall give to him

pls answer as early possible



Anonymous
This Query has 1 replies

This Query has 1 replies

20 July 2013 at 21:47

Whether audit compulsary

I have a partnership firm,and in F.Y. 2012-13, i have sales turnover of Rs. 2,80,000/- ( Rs. Two Lakh Eighty Thousand ) approx. I have net profit of Rs.8,500/= ( Rs.Eight Thousand Five Hundred ) approx.

In short my Gross turnover is below 1 crore and my NP is below 8%

So whether Tax Audit is compulsary in my
case, and if yes under which section.

Pls. advice.



Anonymous
This Query has 1 replies

This Query has 1 replies

Is audit required under Sec 44AB or any other Section of IT Act to carry forward f&o Loss if turnover is less than Rs 1 crore ????



Anonymous
This Query has 3 replies

This Query has 3 replies

My turnover in F & O is around 10 Lakhs & i have incurred loss of about 2 lakhs during FY 2012-13 AY 2013-14. To carry forward loss, will audit u/s 44AB will be required.

Also whether provisions of section 44AD will apply if accounts are not audited(i.e minimum profit of 8% of turnover/gross receipts)


Bala.
This Query has 3 replies

This Query has 3 replies

Dear all
Kindly guide me about how to file the 24Q/26Q for government instutions.
or mail me the steps by print screen.

Con: hellowbala@gmail.com
09688067320






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