What should be done when a new auditor (before his appointment) sends a letter to previous auditor to obtain NOC from him, but he does not give any reply? Can he accept audit without NOC? Is there any time limit for giving reply about NOC, in case of previous auditor?

Can a single C.A. make two audit report for the same year?

Is it legal?

Which legal action should be taken, if this event occurs?

Please reply,

Regards,

Mr.Sumit Khandelwal

Dear Sir,

Please explain,what are recalled assets (advances) in case of Banks (this is related to NPA accounts in Banks)?

Is it advances recalled under SARFAESI Act 2002, i.e, notice issued u/s. 13(2) of SARFAESI Act for recovery purpose?

difference between accounting standards and standard of auditing

Dear Sir,

What does MAT Means.

What do we see in ACT



What do we see in Rule

Please say the relation so that i understand the ACT and Rule of Income Tax.

Can any one confirm as to Limit of Advance is being increased from Rs.10 Lakhs to 25 Lakhs so far Non corporate entities are concerned for Comulsory Audit of Books of Account in relation to one of the clause applivable to LFAR.

Please reply immediately as branch audit of Natinoalised Bank just to start.

Regards & Thanhs in Advance.

Suppose i do one intraday Transaction in of Rs. 1 Crore Purchase and 1 Crore Sales (In Share Market),
Shall Tax audit applicable to me for my above Transaction, as it cross Limit

sirs, i have cleared second group in my first try,,and seeing auditing for the first time.. i have already done company audits,professional ethics,SAs special audit.SOX and stock exchange audits from padhuka..for remaining m not capable to finissh in time otherwise i cnt revise properly..i m planning to do the remaining chapters from surbhi bansal and compilation taken togather..should i trust surabhi bansals book for scoring atleast 50 to 54 marks if i go for paduka nd surbhi togather as above?????plz reply me fast coz time constraints....?

Please Say me the meaning or Difference of ACT and Rule

Example : Income Tax Act and Income tax Rule


Thanks & Regards

DEAR SIR


PLEASE GIVE A LINK OF WEBSITE WERE WE CAN FIND EXPLANATION FOR THE FOLLOWING

1.OPEN MARKET OPERATIONS

2.LIQUIDITY ADJUSTMENT FACILITY

3.CBLO