Dear All,

If a company (for e.g. A ltd) has transactions with other company (say, B Ltd.) during the years 2011-12 and 2012-13.

But in the year 2012-13, the above companies becomes Related parties and the same is not related in the year 2011-12.

So, while showing the AS-18 disclosure in the year 2012-13, the previous year figures is to be shown or to be written as nil as no relation was exist in the year 2011-12.


Please advice me

whether TDS paid is debited in the profit & loss a/c is disallowed ? if yes under which sec?


(Actually this firm is not collecting any tds from payment. so tds collected not in their a/c. They just paying Tds to avoid disallowance of expenditure.)


waiting for reply

thanks.

hello sir, i want to know that whether 3cd form is also attached while auditing under section 44AD.

In course of audit, the auditor found credit item of Rs 5lac on enquiry the auditor was informed that (1) This was very old credit balance and (2) the creditor had not approached for payment , Beside the creditor could not be traced and therefore , confirmation of credit balance was not available .

How this will be dealt as an auditor ?

regards,
preeti

I am preparing for november 2013 ipcc examination. I am studying audit from Surbhi Bansal's book. Will it be enough for examination? Or do i need to study from study material and practice manual also?
can i score an 80+ by doing this book thoroughly?

Can Anybody let me know about provision in any law/circular/notifications/guidelines in which it is stated that a govt company has to furnish Cash Balance Certificate as on the date of the audit.

I had Statutory Audit on 12th June 2013 for the FY 2012-13 and no reappointment is possible for that CA firm for FY 2013-14.

They Demanded me Phsical Verification of Cash as on Date I did and there was no difference found but they demaded me certificte of CAsh Balances as on 31/03/2013 and 12/06/2013 (as on date of audit) kindly share your knowledge in this regard

if the purchase date is in previous month but the accounts department receives that bill in the next month then in which month should the entry in tally be made? pls help

And also please tell me the Time limit for filing the Statutory Auditors Report with ROC and Within which time We need to send the Auditors report to Shareholders?

Respected Sir,
Please provide me step by step procedure to do Ledger Scrutiny

Respected Sir/ Mam

i have incorporated my pvt. co. on 20/02/2011. but till now i have not appointed an auditor. i have my b/s for the period 20/02/2011 to 31/03/2012 & 1/04/2012 to 31/03/2013....is this correct...

i also want to know when i have to appoint auditor for the above balance sheet & what should be the date of balance sheet...

Please help...