Dear Sir / Mam,

In a production house (company) how much of cash pmt or withdrawal should d company do as compared to making pmts thru cheque. What wud u suggest.. I am sure you would understand the situation when its a production house..

Whether, Revised Schedule VI is applicable for LLP. As per Companies Act, LLP is not a company and as per Parternership act LLP is a body corporate.

Please tell me how does PRIYANKA GUPTA at IGP teaches audit?

sir;
How we do the stock valution of a big jeweller house in tax audit

Hi can anyone tell me what are the relevant standards on auditing which are applicable for Nov 2012 IPCC exam and for how much marks I can expect in exams?

hi;
how to do the stock valuation of a jeweller during tax audit

excise duty is manufacturing tax and vat and cst is a sales tax. while calculating vat and cst we are including excise duty as per vat rules it leads to double taxation is is it correct or not? if is correct how it is correct? if it is not correct? how it is not correct how it is not correct? please give me some examples also

i am on audit of a pvt. ltd company where by the company had issued 3000 shares of face value 10 totaling Rs.30,000
the person who bought the share was taken in as a director !
he paid in total 24lakhs for these shares !!!
shall it be accounted as below : ???
rs 30000 - share capital
rs 23,70,000 - sec. premium ?
and is there a need 2 deposit the premium amount in some certain separate bank ac ??
or can the company use the premium on day to day business ???

if not,what shall be the accounting entry for these shares ?
show shall i audit the above transactions ???????????

any turnover limit for shedule vi

Dear Sir,

If suppose we have issued a cheque to a company for their services which they have rendered to us & we as a company only deduct TDS, however, while giving the cheque to them we do not deduct the TDS but give them the entire pmt. Now suppose they have another pmt which we need to give them after 2 months, so can we deduct the TDS now for the 1st pmt + 2nd pmt that we are making???

Will there be any interest charged to us for not charging them TDS on their 1st pmt??

Say suppose we have not even entered the entry in Tally as well, when we made the 1st pmt, will we still be paying interest??

How much is the interest rate for making late pmt of TDS?