Sir/mam, I am a proprietor of a cab rental (passenger) business firm. I am regularly falling under audit u/s 44ab for last 3 fy. Now this year i am also falling under audit but I could not file my it return for fy 11-12 till date due to some urgent pers. problems. but there is a benefit in my case that there is no income tax payable as per my books. Pls guide me lawfuly that what will happen if i file my it return for fy 11-12 on or before 31st Oct-12. It's very urgent for me plssssssssssssss...

How much year an auditor must kept the audit working papers like quarry sheet, certificates from management, copy of audit report etc. with them.

Dear Sir,

I have applied loan for milk industry business. i have submitted project and projection details also. my projection detail means of finance 40 lakh project cost and margin is Rs. 10 lakh. loan amt 30lakh. the government Credit Linked back end subsidy 12 lakh. my question is 40lakh less subsidy 12 and margin 10 balance amt loan amount or project cost 40 less margin 10 balance 30 lakh loan amount? which projection is correct? pls explain Regards Thirumarn

CA's in practice cannot give advertisements. That's known...
Then how do they increase their scope for audit of firms?
I know personal connections help, but then any other way?
Please suggest......

I would like to know how much value would an individual with MBA in Finance have in a CA firm in the role of Internal Audit?

What kind of exposure and hands on learning experience can one gather in Internal Audit while working in a CA firm as compared to like the Big 4?

There is a capital expenditure of 2,42,000/- to increase authorized share capital...How should be this treated in books?is it fully written off during the year or that 1/5th for 5yrs?

do we have to show related party dis closers (transactions) in revised sch. - 6... if yes then who are relatives for company.. can KMP be more than 1...

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)