This Query has 5 replies
Which Accounting Policy is followed by Trust (Public Trust)? (Cash Basis or Accrual Basis Or Both)?
For Receipt Of Grant: Receipt Basis of Accounting & For Expenses Accrual Basis of Accounting?
This Query has 1 replies
Sir,
My CA firm is registered in June 2018 and a private limited company whose previous auditor term was completed in March 2018, Can I appoint in that company w.e.f .1.04.2018 and whether previous auditor required to file ADT-3 or not.
This Query has 2 replies
CA qualified in may 2019 attempt and holding COP from 1st Oct 2019 Can he do the Company Audit for financial year ending 31/03/2019(i.e FY 2018-19)? if the auditor appointed in last year AGM was resigned in Sep 2019, now that recently qualified CA can accept this Audit? and also in case of Tax Audit for that company?
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Whether a pathological lab run by a partnership firm (5partners, all are doctor, but not a pathologist 2 dr are Anesthesiologist and one are surgeon and 2 are MD medicine in that case this partnership is Business or Profession for the purpose of declaring presumptive income under the Income Tax Act.
This Query has 1 replies
Our business concern is a partnership firm during the F.Y 2018-19 our sales turnover is 34 Lakhs. Is it compulsory for seeing a minimum 8% net profit otherwise Audit under Sec.44AB. Is it allowable for claiming interest on capital or remuneration without audit under Sec 44AB.
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In the audit report filed (accepted/approved. by the assessee) TDS made and return filed is inadvertently omitted to be reported, what is the consequence? Should revised audit report to be filed?
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is it compulsory 15 days before generate udin for tax audit reports pls clarify
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Respected Sir,
Is it required to fill a form SCHEDULE IX-D, If the Trust doesn't have Registration No. u/s 12AA of Income Tax Act (43 of 1961)..??
This Query has 4 replies
Trust registered under section 12A paying rent to trustee & salary to wife of trustee whether we need to report the same in form 10B ?? if yes where ??
Accounting Policy to be followed in case of Trust