can a stattutary auditor receive any other fees from the auditee for services rendered?
is there any limit for such debt?

Is Cost Audit required to be conducted before Tax Audit or can be done later

I WANT TO ASK THAT FOR AUDIT U/S 44AD WHAT IS THE FORMAT OF FORM 3CB REPORT
WHILE FOR AUDIT U/S 44AB WE MENTION AUDIT REPORT U/S 44AB
FOR AUDIT U/S 44AD WHAT WOULD WE MENTION

Respected Sir/Madam,
I would like to know that, are there any changes in the format of Audit Report, 3CB, 3CD, Balance Sheet, Profit & Loss etc..?
If there are any changes can you please provide me the formats, changes etc.. or links to download the file in word or excel..
Please help.. Its urgent...

sir
study material of 'audit' in ca ipcc includes 3 volumes out of which one is practical manual.volume 1 includes some relevant SAs and all theory part like internal control,vouching etc while volume 2 contains all standards of auditing and guidance notes.
My question is - do we have to do volume 2 or it is only for reference.

if the books of accounts are not audited u/s 44AB , will he be liable for penalty if he is covered u/s 44AD and not showing income of 8%?

can anyone suggest me about the best teacher for ipcc audit class in delhi. pls help me soon.

I want to ask query regarding accounting treatment for the following:
My client has ECB and from that borrowings it has imported Machinery which was capitalised last year and depreciation also provided on same.
Now during this current year it is found that there has been some problem in machinery and client is not going to pay the remaining amount to party and even machinery is not in use. So what can be accounting entry for the same? Pl advice.
Thanks

From A.Y. 2011-2012, New section 44 AD is applicable to any business.

A partnership firm doing manufacturing business having T.T. O. Rs. 55 lacs for 2010-2011.
Whether is it compulsory to show 8% profit of total receipts

Can it show 8% profit with out giving b/s and profit and loss account

pl. clear that the gross receipt Rs. 60.00 lac amount of commission received during the year or sale proceeds of consignment sale,in the case of aharti(vegatable and fruits)

thanks