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Devang Dhakan
This Query has 2 replies

This Query has 2 replies

17 August 2011 at 10:15

Accounting standard

Can High courts order override the Accounting Standard????????????????


VEEJAY
This Query has 1 replies

This Query has 1 replies

16 August 2011 at 10:04

Ethics

A practicing charted accountant has a 10 years of experience in some specified field and wants to give AD in justdial.com
and suppose AD given in JUSTDIAL .com and placed his Proff .exp in seperate pages
can he guilty of professional misconduct


dinesh
This Query has 3 replies

This Query has 3 replies

14 August 2011 at 22:17

Communication with previous auditor

I have sent a letter of communation to previous auditor of a pvt ltd company by Registered Post Acknowledgment Due. What is the reasonable time that I should wait if the previous auditor do not reply.


Pradip Shaw & Co
This Query has 3 replies

This Query has 3 replies

13 August 2011 at 12:27

Partnership

One newly qualified CA practicing in his own pro firm name. now his previous principle offer him for partnerships a full time practiconer .Object is get Bank audit and other panel auditIs form ICAI.

Is the person practise under both firm name??
can he practice in his own firm name as well as partnership firm name ???/



Anonymous
This Query has 6 replies

This Query has 6 replies

13 August 2011 at 01:28

Can relative give interest free loans?

Good Morning everybody

Wish to know that:

Whether a relative can give interest free loan to the proprietorship concern of relative????

Please explain with Income Tax Act & TDS Matters in relation to it also.


Thanks


ramesh
This Query has 2 replies

This Query has 2 replies

12 August 2011 at 17:54

How to audit a digital photo studio

one of our client is the running digital photo studio and flexies printing. Its a propreitory concern.
The main source of income is from printing photos from the disks brought by customers and from passport photos they snap in the studio and flexies were printed in a separate branch office.
The main problem here is employees are manipulating the photo print size and reducing the size slightly even we can not identify , that is how they could able to save some film role and they use this film role for printing their private job works
pls kindly help me in how put controls in the digital studio to prevent the manipulation.very urgent
thnks in advance


CA Mohit Kumar
This Query has 1 replies

This Query has 1 replies

11 August 2011 at 20:59

Plz send'

I wnat IT SM GOOD NOTES & AUDIT
PLZ SEND MY EMAIL ID 7 suggest how i prepare for this 2 exam


Manan Vora
This Query has 2 replies

This Query has 2 replies

11 August 2011 at 01:01

Due diligence

I am doing due diligence for a laboratory. can some one give me a draft due diligence report and some major points which should be covered in the due diligence report



Anonymous
This Query has 1 replies

This Query has 1 replies

Dear friends

I wish to clarify on the matter regarding the Auditor reporting requirement U/s 44AB of Income Tax Act, the fact of the case is as below:

1. In FY 2009-1o the assesse has not maintained the books of account U/s 44AA & submitted I.T.R under presumptive taxation scheme of the IT Act.

2. Now in the FY 2010, same assesse is covered under the Tax Audit U/s 44AB.

Query:
1. What is the reporting requirement of Auditor regarding "OPENING ACCOUNT BALANCE", in ANNEXURE-I & Notes to the account.

2. What precaution should auditor take in such case?

3. What are the Auditor responsibility regarding the matter?

Your earliest reply/suggestion in the matter is highly appreciated and thankful.


Regards


Neha Dwivedi
This Query has 1 replies

This Query has 1 replies

10 August 2011 at 12:41

Change of the auditor

Dear Experts,

Please let me know what is the procedure for change of auditor in Private company

Please do reply


Regards,

Neha Dwivedi






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