Dear Sir,

i am working in construction company as a cost accountant, i want to know whether cost audit is compulsory for construction industry. kindly clear my doubt with details

Thanks & Regards,

BALA GANESAN S

Can a trustee can work in their own trust as a lecturer(Educational trust) and get salary. there is one clause in trust deed that no trustee can receive any remuneration. my doubt is that, if we allot some post to them,can they receive any salary?

Whether directors remuneration shown as related payment transactions in tax audit report?

A proprietor has bought a land for construction of a factory in future.For its purchase of land,a loan is taken for which interest is paid. The land has not been put to any use and No construction has yet started on the land.
Can the interest be capitalized until the land is put to use?
Can we follow AS 11?

Is it compulsory to file e-return of AOP/BOI?

A company is having paid up capital of 1.25 Cr and free reserves of -1.8 Cr thus resulting into paid up capital and free reserves a negative figure. Company doe snot have any loan in the books and also does not have any revenue booked into the books.

Does CARO applicable on such company? If yes why it is applicable as I think it has met all 3 conditions of Non applicability of CARO?

my co is a public co. having mining,manufacturing ,processing of sponge iron & coal and power generation as its main object. do cost audit compliance applies to my co.

PLZ PROVIDE MOA N AOA FOR FOOD DISTRIBUTION COMPANY

i wanted to know the format of audit report of co. who recieve govt. grant and basically it is a scheme runned by the goverment and what about disclosure requirement under AS 12?

A private ltd companies is being formed in F.Y 11-12 but no operation is being started.
In F.Y 12-13 manufacturing operations in being started form August month i.e purchase and other Manufacturing process.
So in this case should we add the expenses incurred during period 1-4-2012 to 31-7-2012 in pre-operative expense or we should expense it out in P/L.