what is credit policy..?

Sir,
I am auditing books of account of a pvt. co. dealing in real state business. The company received fund from share application money from 2007-08 which is not public issue. But share not allotted to them and money refunded/received to next financial year. In this case i want to know that-
1. Accounting treatment according to accounting standard issued by icai.
2.It is attract any kind of tax.
3. Is it legal according to company Act, 1956.

Dear friends,
Can anyone tell me about all applicable statutory requirements relating to premium receipting and coinsurance and other insurance related functions.Please reply fast.Its' urgent for me.

Thanks,
CA Giriraj Pungalia

FORM NO.3CB
Audit report under section 44AB of the Income-tax Act, 1961, in the case of a person referred to in clause (b) of sub-rule (1) of rule 6G . What is the clause (b) rule 1 of rule 6G

How does this report differ from form 3ca.
Which report is applicable for companies

Is digital signature is applicable or not, who are filing I.T. Returns, whose turnover is less than Rs.60 lakhs and declaring profit less than 8%, is't required to file returns manually or E-Filing.

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