my client is running a man power consultancy where they are recruiting candidates in clients onsite and issue bill to client and pay back to staff from their payment received agst bill. they have crossed 15 lacs, is this falls under tax audit or not.

sir,

i want to ask one thing, a little being confusion about it.

if a person make payment in cash exceeding 5000 is necessary to stick revenue stamp on voucher.

but is it require to stick on reimbursement of expenditure

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to pay the Guarantor on 1st April each year a guarantee fee of 1.20% p.a. on the principal amounts of the loan withdrawn and outstanding plus the interest outstanding, on 31st March every year from time to time until the entire principal amount of the loan and the interest and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......

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

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.

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

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

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.

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.

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