Dear Experts,

A CA being a partner is doing Tax Audit and other Audit works like other partners and sharing it with firm. But he is also giving consultancy to his personal International clients not related to firm and taking the fees in his personal bank account which is not shown in partnership firm.

Can he do so?

Kindly provide solution to the following situation.

There was a chartered accountant who has done the audit of one company, for which audit report was prepared along with his firm seal, however appointment of statutory auditor has not been done.The Ca has signed the balance sheet and auditor report,

My question is can another CA accept that appointment for annual return purposes.



Kindly suggest........

Dear Sir
One Educational Trust got its Book Audited under Bombay Trust Act in 2001, and since last 10 year it was not in operation, now it want's it's books audited for 10 years so is there any provision to consolidate it because the Interest on saving Bank was the only income in last year 10 years. Please give me any section for consolidation

Sir, My doubt is if RENT paid Rs.2,16,000.00 per year . TDS to be PAID ON 2,16,000/- OR RS.216000-180000= 36000/- ON 36000/- .
Pls inform ME..

Thanks

With regard

Rama

A company got mining right from Government. Its activity involves excavation of ore, concentration of metal from excavated ore, and then smelting and refining of concentrated metal. But the company neither values closing stock of ore nor does it values closing stock of concentrated metal. At the most, it shows WIP for concentrated metal. Is this type of valuation acceptable?

Pls Give In Detail The diffrance

I want to make a partnership firm of Cost Accountants where I want to be a non-active partner and want to do my own full time job. Can I do the same ? What is the process for the same ? Can I become an honarary Partner if there are only 2 partners (including me) ? If I become honarary partner ( with Zero % Profit sharing ratio) can it be considered as a Registerred Partnership firm ? ( because As per partnership agreement there should be a profit motive.)

my self is practicing ca in pune. please any body can give me a audit report format of private limited
business and company

Sir,
What is credit & what is debit.

In assets & liablities ,which side debit comes n which side credit comes?
as well as P&L a/c/ Balance sheet /TRIAL BALANCE also.

PLZZ EXPLAIN ME IN DETAILED.....

THANX ALL IN ADVANCE

I am a Concurrent auditor of Central Bank of India. I want to know that if, stock statement not received in prescribed time limit then penal interest to be charged. Now penal interest charged on what amount if system does not calculated interest properly.