Anonymous
This Query has 1 replies

This Query has 1 replies

30 April 2011 at 07:01

section 44ad

i have share trading business[i show income from share under business head]turnover 59 lac and profit 1 lac.salary receipt 60 thousand andint. receipt 60 thousand and int. payment 80 thousand.please advice me is section 44AD applicable to me.and i should audited my account



Anonymous
This Query has 1 replies

This Query has 1 replies

29 April 2011 at 19:29

tds

Pls tell me the amount to be deposited as "Interest on late deduction" and "interest on late deposite" of TDS in TDS challan in the following case :
TDS for april 2010 - Rs. 1000
TDS For May 2010 - Rs. 5000
TDS for march 2011 - Rs. 10000
The above amount not deducted till yet and the total amount of TDS with interest is to be deposited on 30/04/2011.



Anonymous
This Query has 4 replies

This Query has 4 replies

29 April 2011 at 14:27

TDS

Dear sir,
we have deducted TDS in the F.Y 2009-2010 but not paid the amount to dept. we want to pay that liability now in the F.Y 2011-2012. in the challan which year to be entered A.Y 2010-2011(P.Y 2009-2010) or can it be entered in challan as relating to A.Y 2011-2012 (p.y 2010-2011) & a certificate issued to deductee likewise? plz advice?


Rgds
ganesh



Anonymous
This Query has 5 replies

This Query has 5 replies

28 April 2011 at 23:53

Tax audit limit

whether tax audit u/s. 44 AB limit of 45 audit is for a calender year or for a financial year ?



Haresh Rakholia
This Query has 5 replies

This Query has 5 replies

Fact of the case.
There are many new/existing Practicing CAs do not have enough tax audits to complete their figure of 45. So balance signatures they sell to other firm/s by migreof 1000-2000.
There is hardly any audit performed by signing CA.
Is this practise is allowed as per professional ethics. If yes which ethics, if no how to curb this practise.

If CA is considered as one of the best profession, how come these corrupt practices have been carried on.

Regards,

Haresh.




Anonymous
This Query has 1 replies

This Query has 1 replies

26 April 2011 at 13:15

Professional ethics

Mr. Rahul, a locally based Chartered Accountant, accepted an audit assignment at a fee lower than that charged by the previous auditor, who was stationed in another town and had to spend a lot of money on travel for which he did not charge separately.
Please provide answer for above question.


Lokesh Gupta
This Query has 1 replies

This Query has 1 replies

I had to done a audit of cooperative housing society situated in haryana. I had already cheked the haryana cooperative society act 1984 but not able to get a good information.

Please tell me how should i proceeds.



Anonymous
This Query has 1 replies

This Query has 1 replies

24 April 2011 at 02:31

Tax audit limit

How can any one trace that Tax audit limit not crossed by any practicing CA.


If a CA signing tax audit reports more than the limit, then how can we verify it.

I knows some firm doing it, but I have not a list of tax audit done by that firm.


pls help me


nitin khater
This Query has 2 replies

This Query has 2 replies

23 April 2011 at 16:50

bank audit

when a agriculture loan becomes NPA?



Anonymous
This Query has 3 replies

This Query has 3 replies

23 April 2011 at 12:49

Interest on Investment

Whether interest on amount borrowed for investment can be added to the cost of investment under AS-13?





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query