Dear Sir, please clarify the following situation relating to applicability of Tax Audit:
1.Turnover for P.Y. 2012-13 is 75 Lakh, and net profit for the year amounts to Rs. 2.25 lakh, all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?

2. what will be the situation if the same person get his accounts audited for P.Y. 2011-12 due to his turnover of 65 lakh. will he be required to get his accounts audited for P.Y. 2012-13 if his turnover is 75 Lakh?

Dear Sir,

as per new amendment,
Only a CA with 3 years of audit experiance of society audit can audit a Society.

Is this amendment also aplicable for Audit of Housing Society.

I have just started my CA practice,
so this means I will not be eligible for Housing Society Audit.

Sir Please Guide me, as I have been aproched by a housing society for audit.

Is it necessary to conduct a board meeting to conduct an AGM? if so when it should be conducted ? and when the AGM is to be conducted after the completion of Board Meeting? Please provide the ans with an example

Dear Sir,
I took transfer from my previous principal (with in 1 year)and joined with the new principal after 34 days from the date of transfer/termination. My query is that what is the due date for submission of FORM 103 (after transfer)to the Institute?If any notification/link available please attach the link.
Date of termination : 25/02/2013
Date of joining : 01/04/2013(with new principal)
Is there any arises in the future for extension of my Final attempt?
Please advice me sir.
thanking you,
K.V.RAO

Dear all


Please provide me a checklist for audit under

when a sole proprietorship business has their turnover above Rs.1 cr.during f.y.12-13.And it has started his business in the same f.y.(i.e.2012-13).Then please let me know that the proprietorship business is applicable for audit..

Dea experts

We started our business in May 2012. We completed f.y 2012-13 today onwards.

I am operating my account. i do not know
"wat doucmentation required for audit purpose".
i made all entry day to day basic.

Thanks in advance

i m ipcc student. sir plz give some guidance , how to prepare auditing and stategic management.

Respected experts ,

I am doing a company audit and iam finding difficulty in entering depreciation schedule when there is a deletion /sale. my excel formula is not matching with the manual calculation i have done... can anyone guide me with this regard ?

If u have any example for the same plzupload...

Dear Sir

In the FY - 2011 - 2012 I was doing a contract business and I am collected a Total Sum of Rs. 65,00,000/- out of which Contract Amount and Service tax is Rs. 58,93,019 and Rs. 6,06,981 respectively at this time I am Eligible for Opting Sec 44AD or my account compulsory Audited U/s 44AB because Contract amount + Service Tax is Crossed Tax Audit Thresh hold 58,93,019+6,06,981=65,00,000

Please tell
Its urgent
Thanking you