IS IT NECESSARY TO GIVE NOTICE TO THE SHAREHOLDERS OF A PVT. LTD. CO. FOR EVERY YEAR IN CASE THE AUDIT OF THE FINANCIAL STATEMENTS FOR LAST 4 YEARS IS CARRIED OUT TOGETHER OR ELSE IS 1 NOTICE FOR ALL THE FINANCIAL YEARS SUFFICIENT???


THANK YOU IN ADVANCE

I have a query in respect to accounting entries in Tally .

1)Is there a compulsion for a company to start its voucher number from 1 from the beginning of the accounting year ?

2)Should the raising of invoice bill number also start from 1 from the beginning of the year ?

3)I need some guidance in respect to this . Thanks in advance

1. Whether purchase & sale transaction is covered in ambit of section 40a(3)?
2. Whether purchase & sale of fixed assets is also covered in 40a(3) & if covered, then, how we treat it when payment is made more than 20000 in cash for the purchase of fixed assets?

DEAR SIR,

Please send me a format of appointment letter to appoint a Auditor to the company.The company is Incorporated on 1/1/2013.

Thank you

In case of statutory audit of banks, auditors have to certify the Interest subvention claims of Banks. What are the points that need to be concentrated on while checking Interest subvention for Crop loans ?

hey needed halp in studing for audit in finals just cant plan how to study , how much importance should be given to auditing standards pls guide me

i am a newly qualified ca.
if i apply for COP, can I continue with my pvt ltd.co. in real estate business?
If not, is there a way out , say if I convert pvt.ltd to llp or something like that?

regards, ca kunjan, www.nsc.in , kunjan@nsc.in

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......