If a company makes an sales which is attracting Central Sales Tax, it can enjoy sales tax at a concessional rate of 2% even if the local VAT is more than 2%. But to enjoy this concession seller has to obtain Form C from the buyer. Suppose if the company makes a 10 different invoices to a buyer in a month, should the seller get 10 Form C from the buyer or is it sufficient to get one Form C that provides the details of 10 invoices. please clarify me this is very urgent issue.

With regards,
Rajesh.

Dear Experts,

A private company whose gross turnover is above 40 lakhs, but its expenses is more than the income i.e. loss. Is sec-44AB is aplicabel for this company.

Waiting for your kind reply.

Thanking you,

What will be the amount of penalty for an assessee(individual) for AY 2012-13 providing manpower, if he has not carried out audit and also not filed IT return till 30th September, 2012?
The turnover of the assessee is about 1 crore.

I want to know what are the proper rules and regulations regarding an Audit firm printing service coupons and selling them to a business for a price and then that business which may or may not be related to tax system offering coupons with its services.

These coupons won't be for statutory Audit.
But they would be for Filing Income tax, tds returns, Book-keeping and such.

So, I want to know what are the rules if a registered C.A firm does that.

And if that is not allowed than Can a firm which doesn't provide statutory Audit Services but provide all other services a C.A can provide will come under those rules as they won't be required to get registration no. from ICAI then.

Also the firm would be owned by a C.A and the Business to which coupons are supplied may be owned by that same C.A or his relative.

Thanks

AS 21 "Consolidation of Financials"

Can a company consolidate its financials with its assosiates company on the basis of "Controling", "Same Management" or vice versa ???0

As we Know that if A Private company has Outstanding Loan Exceeding 25 lakh..then Caro is Applicable..my question is that whether all type of loan shall be considered such as secured & unsecured.???

Plz Tell Me the when a company is required for conducting Compulsory cost audit...what are the requirements for this???

Dear Experts,

If the internal audit under CARO is applicable to a company and it is not complied with the provisions then what are the consequences of the same?

Ours company reached above 10 crores turnover .
Is it necessary to appoint an internal auditor.

Whom to appoint.

Is statutory auditor can be appointed as internal auditor of the same company.

Is there any problem for auditor as internal as well as statutory auditor.

please any body replies to this query

Sir,

please tell me the monetory requirement to fill form 10b in trust audit return.