When is internal audit required & when is it necessary?Can a previous internal auditor be appointed as a statutory auditor

A company has 4 directors and 2 of them claim that they do not have the Balance Sheet for 2 years. They approach the auditor for the Balance Sheet of those two years.

Does the auditor have a right to refuse to give these balance sheets?

ONE OF THE DIRECTOR RESIGN ON 15TH JUNE 2010 FROM A PVT. LTD COMPANY.PLZZZZZZZZ TELL ME WHAT WILL BE ITS EFFECT ON FINANCIAL STATEMENTS AND AUDIT REPORT OF COMPANY FOR THE YEAR ENDED 31ST MARCH 2011???????FINANCIAL STATEMENTS WILL BE PREPARED FOR WHOLE YEAR ONLY??????

sir ! I wnt to know that may I file the e-return after due date (15 oct 2010 for A.Y.2010-11)If the account of the firm has been audited with in due date.If Yes , pls clarify me that is there any penalty of sec.271 B in this case? Urgent.

Hello friend,

I have a query.X company wants to appoint auditor for 2010-11.The proposed auditor is newly qualified, so his COP and membership no. is about to come in a month.So what is the procedure to show his appointment??Note that AGM of company is already over..

whether caro is also applicable to NBFC...
but in my opinion it is not applicable on NBFC coz caro is applicable on banking company as defined in banking regulation act.

HELLO FRIENDS,
I AM REALLY CONFUSED THAT IN APPOINTMENT, REAPPOINTMENT & REMOVAL OF AN AUDITOR FOR PRIVATE LTD OR GOVERNMENT OR LTD COMPANY IS HOW DIFFER FROM EACH OTHER. I AM REFEREEING THE BOOK OF AUDIT BY MR. CA URVISH SHAH BUT I AM REALLY NOT GETTING THE ACTUAL DIFFERENCE IN THESE MATTERS.
I REALLY CONFUSED THAT HOW AUDITOR IS BEEN APPOINTED IN DIFFERENT CIRCUMSTANCES SO PLEASE GIVE ME CLEAR EXPLANATION IF IT POSSIBLE.


THANKS
RAKESH CHAUHAN
rakesh_1020@ymail.com

Please explain procedure to efile tax audit report of proprietor?

thanks in advance

WHAT IS THE FILLING PROCEDURE OF LAST YEAR TAX AUDIT A.Y.2009-2010?
IS IT E-FILLING OR MANUAL ?
AND THE TAX AUDIT DATE IS LAST YEAR BEFOR DUE DATE OF AUDIT

DUE DATE 30-09-2009 AND AUDIT DATE 21-09-2009

CAN I FILE LAST YEAR TAX AUDIT RETURN IN CURRENT PERIOD? IF YES, I FILED RETUN, IS IT APPLICABLE FOR PENALTY?

When e payment of taxes is mandatory and person [pays taxes physically whether he has to pay twice or he will get credit?