sir,

please tell me what is Drawing Power &how to calculate it ,its very urgent.


please explain me with an example ,I can't understand it .its very urgent

Is Cost Audit Applicable to the company in business of "Fabricating and Manufacturing of Truck Mounted Cranes or Tippers"...? if yes then in which category..?
Thanx in advance....

in which audit we use 3cb and 3cd reports....(TAX AUDIT OR VAT AUDIT)

Dear Experts,
Prelimnary Expenses written off as per companies Act is 1/5th am i right?

Suppose if there is justification for writing off the prelimnary expenses more than 1/5th (say 100%) can we do it if we are able to properly justify it. Please give me the answer with case laws if available.
Thanks & regards,
Rajesh.

I have obtained audit report on 30-09-2012 but could not deposited the tax due and not filed the ITR what are the consequences if I deposit tax and file ITR now?

My client ( Turnover 95 crs. and Net profit after tax 2 crs.) has recongnised refund of tax Rs. 12 lacs as income and has created a current asset as Tax refundable. In my(auditor) opinion it is not an income and therefore both income and current asset can not be taken to the P & L A/c and Balance Sheet respectively.

Que. - Is it a 'material' thing for qulification? if yes how and where to give the qualification?

Plese provide the specimen of qualification.

What is the criteria of Vat Audit , Tax Audit and Simple Audit. means when these audits apply in a firm or a company.

My question is that if one Chartered does not get ant NOC from Other CA then can later one do the audit of client of former CA ?what are the consequences if former CA does not issued NOC to later CA?

WHAT ARE POINTS OF DIFFERENCES BETWEEN

1.INTERNALAUDIT

2. STATUTORYAUDIT

3. CONCUURRENT AUDIT

Dear Member,

I am confused that if 30.09.2012 is the last date of audit or it is last date of return filing. Can i also file return after 30.09.2012 in case of audit and plz also confirmed if there is any penalty in case of non filing of return before 3.09.2012