Dear Sir
An Assessee Doing a business and his gross receipts is Rs. 45,00,000 and he want to show higher profit @ 8.5% on Gross Receipts is Rs. 3,82,500
but he is also an partner in two Firms he is received total special business receipts by way of Remuneration and interest on capital is Rs. 20,00,000 at this time he is liable his account audited u/s 44AB even he is offered higher profits @8.5% on Gross receipts of Rs. 45,00,000
please tell
Thanking you

When is a trust required to get its tax audit done?

please tell me what is the importance of ratios like GP , NP and stock/turnover ? is is necessary that they shud be maintained ?

My question is that if a Pvt Ltd company to whom tax audit is applicable is not maintaining the proper accounting (i.e they are not doing proper grouping for the transaction) then in audit report where to maintain such deficiency.

change in the share holding pattern of a public listed company is diclosed under which clause of form 3CD while doing TAX AUDIT.

Hi friends i am practicing in my individual name and my registered address as per institute is in Thane Distt. but my client is situated in andheri,mumbai.

I want to know that in tax audit report what should i write as place in audit report thane or mumbai,and in my address i think it should come thane only because we have to write address also in tax audit report.3

Kindly explain me why i should write mumbai or thane.

Please reply ASAP.

hello friends in appointment letter,engagement letter, management represantion letter and specialty in audit report we write that we have audited,our openion.

i want to know that i m individual practicing in my name(not in proprietary) what should i write in audit report,We have audited or i have audited and in our openion or in my openion.

Please reply ASAP.

Hi Friends,

I m Full Time practicing in my individual name (not in proprietary),can i sign tax audit report mentioning my name and membership no only.Kindly suggest me ASAP because its september end.

vat not paid before filing income tax return what is the treatment of it in b/s p&l and in income tax return

Dear all,

What are the areas to be covered while conducting the operational auditing of a company which is a member of stock exchange?
Also can anyone tell me the special techniques to be adopted by an auditor in this regard?