Annexure to the Auditor’s Report
(Referred to in Paragraph (3) of our report of even date)

when the above Annexure/matter is included in audit report
what are the condition..plz reply..

What is meant by structured learning and unstructured learning in CPE credit??

What is Mitra and Ghosh committee recommendation and how they are relevent as far as concurrent bank audit is concerned

ABC pvt co, having its turnover at around 15 lakhs for F.Y. 2010-11. as I know it is necessary to file the Returns to MCA, even though turnover is within 60 lakhs, I want to know on which rates depreciation is to be claimed , i.e. either on as per IT act 1961 or companies act 1956. & further what would be the effect if turnover exceeds the 60lakhs. please resolve.

sir wts difference between tax audit and other audit thanks always any link more useful

1) If the client insists on tax audit voluntarily, i.e, out of precaution u/s 44 AB , the firm is investor in real estate/ plots /lands , the amount invested in lands /plots is more than 6000000/-,and the amount is contributed by the partners.
whether the above audit will be included in the limits specified by ICAI.

2) For inclusion in the Tax audit ambit , if the purchases of client are more than 6000000, but sales are less than 6000000, than whether the tax audit u/s 44AB is applicable ?
and in above point 2, if irrespective of provisions 44AB , client goes for tax audit ,
whether that audit will be covered in the limit of 45 tax audits by ICAI.

what is the accounting for contributions made to gratuity trust maintained by the private company for paying gratuity to their employees????
Whether the company has the liability to pay tax on the interest received on fund with LIC????

If the company till now not obtained PAN number, but obtained approval from the Income Tax Dept, whether it is liable to pay tax on the interest income earned on the fund with LIC????

for every month i incur staff welfare expenditure through petty cash, where not even single exp cross Rs. 20 K .... but in my books i pass 1 time transaction at the month end which is approx Rs. 50 K every month....
will this attract Sec 40(A)3 ??

i want to know that balance sheet should be signed by sitting Directors in that respective years only or even Existing Directors can sign the Balance Sheet. because in our company directors as on 31st march have been resigned after after 31st march and he is no more with our Organisation. can you suggest me?

Can a CA sign a Balance Sheet by printing the same on his letter head: I am asking for: In case of small tax audits , where the assessee is required to submit to loner bank, PLEASE ANSWER WITH REASONS AND CONSEQUENSES