Rajan
This Query has 1 replies

This Query has 1 replies

Please reply me...


In the guarantee agreement document it is said that:
In consideration of its guaranteeing the obligations of borrower in respect of the said loan and Guarantee Agreements, the borrower undertakes to pay the Guarantor on 1st April each year a guarantee fee of 1.20% p.a. on the principal amounts of the loan withdrawn and outstanding plus the interest outstanding, on 31st March every year from time to time until the entire principal amount of the loan and the interest and other charges thereon have been repaid. Any default in the payment of prescribed guarantee fee would entail a penalty equivalent to double the rate of guarantee fee for the period of default.

Query is
1.What is the due date of payment of Guarantee fee for the F.Y.2011-12 and on which date's loan outstanding is taken for calculation of fee for the F.Y.2011-12?
2.If the payment is made on 28.03.2012 for the F.Y.2011-12, Number of days of default ........?

help me please......



Anonymous
This Query has 1 replies

This Query has 1 replies

06 August 2012 at 11:45

Interest paid to depositers

IF INTEREST PAID TO DEPOSITORS BEFORE THE COMMENCEMENT OF BUSINESS THEN WHETHER IT SHOULD BE CAPITALIZED IN THE COST OF MACHINERY OR TREATED AS P&P EXPENSES


Siddharth Gupta
This Query has 4 replies

This Query has 4 replies

06 August 2012 at 11:10

Appointment of auditors

If a subsequent auditor is
removed at a meeting other than AGM (i.e EGM), what is procedure for
appointment of auditor at that meeting? If the appointment is not made, can
Central govt. appoint an auditor at a meeting
which is not an AGM? Please reply Sir.


rahul
This Query has 2 replies

This Query has 2 replies

05 August 2012 at 21:36

Non returnable gate pass

Hello,
sir
when a company can issue material on the basis of NRGP ..??
whether comapny can issue material on the basis of NRGP to all other comapnies or to only its sister comapnies...??
please enhance my knowledge
with regards
rahul



Anonymous
This Query has 3 replies

This Query has 3 replies

05 August 2012 at 15:55

Cost audit report

Dear Expert
Can anyone provide me a cost Audit Report of Any Power Development Coperation.
plz send on shah_0525@yahoo.in



Thanks in Advance


vishal
This Query has 3 replies

This Query has 3 replies

05 August 2012 at 13:30

Cost audit

Hi...

What is the treatment of Foreign Exchange Fluctuation Gain/Loss in Cost audit???
Is it a cost Or Non Cost??& Why??Please give me a reason.



Anonymous
This Query has 2 replies

This Query has 2 replies

04 August 2012 at 21:28

Maximum audit limit

Can any body tell me about the maximum Audit limit as per companies act it is 20 ltd companies excluding pvt company but my confusion is about the limit imposed on Audits by ICAI.Is non complaince of ICAI limits amounts to professional misconduct.The limit for Tax Audit is seperate or will be included in the above.


PRASHANT KUMAR SOM
This Query has 3 replies

This Query has 3 replies

04 August 2012 at 12:19

224(5)

the first auditor is required to intimate his acceptance of appointment to ROC or not ?



Anonymous
This Query has 2 replies

This Query has 2 replies

Dear professional friends

Pls make me clear

What does it meant "category VI SP" for bank audit empanelment for FY 2012-13 purpose.

I filled the bank audit empanelment form for the year 2012-13 and got category VI SP.

Does i am eligible for appointment & does i get the bank audit for FY 2012-13?

Thanks & Regards


prachi jain
This Query has 1 replies

This Query has 1 replies

03 August 2012 at 16:04

Applicability of accounting standards

I am currently doing an audit of a private limited company preparing its financials under the IGAAP.It falls under the head SMC except for the fact that the holding company of the said SMC is registered in USA and prepares its financials under the US GAAP.The holding company is a non SMC as per the IGAAP.Is the exemptions allowed to an SMC from AS still appicable to the company under audit?





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