clause 8 of second schedule of the act states that : a ca in practise will be held guilty if he fails to obtain sufficient info which is necessary for expression of an opinion or its EXCEPTIONS ARE SUFFICIENTLY MATERIAL TO NEGATE THE EXPRESSION OF AN OPINION.. Kindly explain the line in caps

What is due dilligence? can any one send me a link to get overview of due diligence? Please..

Can anybody tell me, how to write off the unpaid salary / wages from last 3 year in b/s. What will be the accounting entry in books of account.

XYZ TRADING CO. IS AN TRADER IN MILK PRODUCTS. IF XYZ TRADING CO. IS CONSIGNEE OF ANOTHER FIRM AND IS SELLING THE GOODS ON THAT BEHALF THAN U/S 44AB WHETHER THE TURNOVER OF GOODS SELLED ON CONSIGNMENT SHALL BE INCLUDED FOR THE LIMIT OF 60LAKHS FOR A.Y 2012-13.

if a businessman income through commission on sale of a product and commission only 2%. than this man covered under 44AB or 44AD ? his total income based on this particulat percentage. how he raised his income 2% to 8% .

Can cash above Rs 20000 be paid in a single day to a person as advance against property booking?

Number of Statutory audit required in a year of a Private as well as Private Ltd Co. ?

Time Interval between 2 Statutory Audit ?

As a Chartered Accountant can we Quote our Professional fees in our Letter head to any body who want for the purpose of allotting audit assignments ?

Respected Members', I had gone through an audit report of A listed Limited company, there stated that their auditor conveyed their inability to seek reappointment as statutory auditors of the company due to pre-occupation. I want to what is the meaning of pre-occupation? Please suggest

Sir,
Please help me,A ca in practice can be appointed or not as auditor of a company in which his brother is a dorector as well as shareholder?