Respected Experts,

I am the Auditor of My Real Brothers Partnership Firm for the FY 2011-12..I Just Want to ask

1. What sort of Disclosure i used to give in the Audit report...Kindly Specify the Drafting language.

2. I had given Rs 200000/- in the form of unsecured loan in the partnership firm..Is there any Disclosure of the same is required.

Kindly resolve my issue.

Thanks in advance

Sir,

Is Tax Audit Compulsory for companies also??

I want to know whether cash expenditure over 20000 is allowed for capital expenditure in same day same party?urgent

Hi,

i wanted to start a PPF account by depositing cash. wanted to know that is it necessary for anybody to mention the source from where the cash was accumulated and deposited in the PPF account. i am salaried person and my dad is a business man. i will not withdraw the money from my salary account, instead would deposit the cash what i have received in the past and which is not on books of accounts

just in brief, i want to ask can the amount which is not on my books of accounts be used for PPF deposit. i will not be showing any withdrawals from my bank account. experts please advise

Dear Sir / Ma'am,

My elder brother has a business of metal polishing work & he has opened a proprietorship account since he is the only proprietor operating the business. Now I would like to knw whether does he need to pay professional tax??

The business is in Maharashtra & he already pays Sales tax...

Also since the business has just started in the month of July 2012 how much professional tax wud he be required to pay each month or this FY 2012-2013.??

i want to make a check list in the following manner.

1.Nature of exp
2.Doc..required
3.To be checked
in a columnar wise.
I have problem in certain expeses like repair & maint, electricity etc plz send me details in aforesaid manner.

I will be highly obliged for that person who provide me the same asap.

Respected Experts..

pls anyone share your knowledge of auditing forward contracts entered by a bank with respect to forex transactions...

What are the main documents that are reqd. to be audited/checked by a concurrent auditor...

Pls share any type of formula enabled excel sheet of doing concurrent auditing of a forex transaction or fw contracts processed by a forex bank branch..

share anything with reagrd to forex business transaction of bank..how these txn processed..wht are the procedures...products offered by a typical forex bank branch...

thank you...

Please advise whether previous year figures required to be mentioned in a society audited balance sheet.
Also which ITR to be filed for Society registered under societies registration act 1860

What is audit sampling??? can u answer me in detail??????

MY CLIENT HAS SINGLE TRANSACTION FOR COMMODITIES SALES & PURCHASE IN (F.Y.2011-12)MORE THAN 1 CAROR.IS THERE LIABILITY FOR AUDIT U/S 44B ?