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Anonymous
This Query has 3 replies

This Query has 3 replies

19 July 2012 at 11:30

Give the answer...

How is Joint audit different from Branch Audit?


CA Mandar Joshi
This Query has 2 replies

This Query has 2 replies

I am a practicing CA in Thane, Maharashtra. I started full time practice in this April. I need to know if I am eligible to accept statutory audit of co operative housing society. I have heard that one needs to complete some certificate course/ seminar on audits of co operative societies to be eligible for accepting the audit of any co-op society. Is it correct? If yes, then when are these seminars scheduled?



Anonymous
This Query has 2 replies

This Query has 2 replies

18 July 2012 at 21:56

Internal audit

Dear all,

Is Internal audit compulsory for government institute like ISI, IIT, IIM or any other.
'what are the provision regarding this ..
Kindly request you to provide the answer with suitable of section of the relevant act


Bhushan chaudhari
This Query has 1 replies

This Query has 1 replies

18 July 2012 at 20:43

Accrued interest

i want the accounting entry of interest accrued due and interest accrued but not
due in term loan and f.d?



Anonymous
This Query has 1 replies

This Query has 1 replies

18 July 2012 at 16:41

Income tax audit

FOR EXAMPLE -
MY PARTY HAVE 50 LAKH SALES TURNOVER ,GP IS 8.73 , NP IS 3.67 , NOW QUESTION IS FOR IT AUDIT ? QUESTION IS FOR ITR 4 OR ITR 4S ? QUERY IS PARTY LIABLE FOR AUDIT OR NOT ? WHICH RETURN IS FILE BY PARTY ? IS PARTY LIABLE FOR ACCOUNT U/S. 44AA OR 44AB ? IS PARTY LIABLE FOR 44AD ?


Ashish Vasani
This Query has 1 replies

This Query has 1 replies

14 July 2012 at 11:57

Audit of properitorship firm

Dear Sir,
I am having properitorship firm ,where we had done turnover in FY11-12 morethen 65 laks ( including nearly 3 laks tax) , out of that we had sales return of 7 lakhs ,so does this firm come inder audit....

Pls reply ...
Tq
Ashish



Anonymous
This Query has 1 replies

This Query has 1 replies

13 July 2012 at 12:01

Gross or net

Dear Expert,

pls tell me how should I present Profit & loss account as per Sch. VI...

Revenue from operations Gross :

1.should I add Vat amount on sales of goods made or it should be net of Vat... as vat is not revenue for us.

2.Same in case of Revenue from Services ... Amount of service tax to excluded or not.


Kiran Sonavane
This Query has 2 replies

This Query has 2 replies

12 July 2012 at 23:58

Depriciation method

Company will change of its method of depreciation any time like SLM and WDV ?


akshay kharepatan
This Query has 1 replies

This Query has 1 replies

12 July 2012 at 17:05

Treatment of leasehold improvements

'A' Pvt. Ltd. has taken land on lease from its sister concern 'B' Pvt. Ltd.with 10years lease period for monthly lease payment of Rs.19000, on which 'A' has constructed a Building for its factory use.Whether this Building is to be treated as Leasehold Improvement?If no what should be the proper treatment?Kindly reply


CA Saurabh Shukla
This Query has 1 replies

This Query has 1 replies

12 July 2012 at 14:30

Bank concurrent audit

Plz. do tell me on which amount penal interest is to be charged?? Suppose if interest is charged @10% and amount of intt is Rs.5000, then whether penal intt is to be charged on 5000 or any other amount???
And what is MDA return??? what is the due date of filing of MDA return in Banks???






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