An assessee has two businesses. In one business he has sale more than 1 Crore & in 2nd business he has 6 trucks. Whether he can show his trucks income u/s 44AE & make the audit of first business or he has to make the audit of both the businesses.

I want to know penalty for non submission of form 23B to registrar by auditor of private company if he only have 5 private company audit

A company has overvalued its inventories due to some clerical mistake,,,at the time of finalization of accounts that diff in actual nd overvalued fig was transferred to the CWIP just to hide the same...and tally the balances by hook or crook....so i just want to ask that what appropriate adjustment entry should be passed so that overvalued amount can be written off as it does not exists any where in actual...if it is not adjusted in this year it will be carried forward in CWIP itself for years and never going to be converted in the fixed assets......

Friends, i met with a problem where,my client is working in the pvt co. and was getting salary of Rs.35000 in hand.he said that company is deducting the TDS on it but simultaneously they are saying that ur salary was fixed irrespective of the fact whether we are deducting a TDS or not....we are paying u what is agreed.
I want to confirm whether my friend can ask for form 16 from the company or not...it might be possible that they are showing gross amt in their books...please suggest if clients wants to take credit of the same in computing his own tax liability...

Dear Sir/Ma'am,

What is the basic difference between Chartered Accountant in Practice & Chartered Accountant in Service ??

I would be grateful if my query gets resolved.

Thanks in advance...

can any one help me with Moa n aoa of handicraft business plzzz...

COMPANY AUDITOR
Qualifications and disqualifications of Company Auditor – Different classes
of auditors – Auditor’s remuneration – Rights or Powers of Auditors – Duties of
Company Auditor – Removal of Auditor – Auditors Resignation.

Please Solve this Query:
Cash Payment Voucher :

Delhi Site Dr. 500000
Cash Cr. 500000
(Being Fund Transferred)

My query is that, In the above entry the cash has been transferred to our delhi site , and our company is construction company , this type of cash transfer to our site is possible ?


Please solve this query,its urgent.
Thanks in Advance.
Please someone reply this query ...

Dear All Member ,

my company is service provider tour operator company . our company total turnover till date 4.90 cr. and this year cross 5.00 cr. turnover . our capital is 100000 and Reserve and surplus Rs. 500000 .
and co. is. pvt ltd. co.

my question is whether CARO Applicable or not.

hello sir now im doing ca, i have a doubt can a m.com & B.G.L graduate practice as a auditor ( tax practioner )
is their eligible please give me a advice