sir an assessee being a prop. firm is 1st having its tax audit this year. Sir in form no. 3cd, in its annexure 1 should i give last year's b/s figures as those belong to unaudited B/s?

Dear sir,
I am Individial self employed
business man my personal name i file
return but my turn over is not above 40 lakhs so i donot Audit my personal Account.

My query is that If i do trading delivery
and futures abover 2 crore in my Account
am i liable to Audit my Account. i have heard if i donot Audit i could be liable
to pay find of 1,50,000/- or 0.5% of my trade value. pls inform me ..
thanks.

Can any one can tell me that Form No 3CD ie Statement of Particulars required to be furnished under section 44AB of the Income Tax Act,1961 Is changed or Not ?
As I had filled last year format form of 3CD excluding Annexure II of Fringe Benefits

Pls reply me on my Gmail Id
bathia.anjali@gmail.com

Regards,
Anjali Bathia

Can any one can tell me that Form No 3CD ie Statement of Particulars required to be furnished under section 44AB of the Income Tax Act,1961 Is changed or Not ?
As I had filled last year format form of 3CD excluding Annexure II of Fringe Benefits

Pls reply me on my Gmail Id
bathia.anjali@gmail.com

Regards,
Anjali Bathia

Hi Everyone,

I have to draft a qualified audit report and the point of qualification is dicripencies found in the areas of inventories, debtors and creditors. Just wanted to know if some one from you can provide me a sample of a qualified report and you may also suggest me some annual report where you have come across any qualification of these kind.

Thanks and Regards,
Jaydeep

IF WE ARE INTERNAL AUDITOR OF A ORGANISATION/ UNIT CAN WE ACCEPT TAX AUDIT OF THAT CONCERN AND SIGN THE TAX AUDIT REPORT OF SAME FINANCIAL YEAR

Can any one Plz. suggest me the Point Regg. Balance Sheet Finalisation of a Company at the time of Audit and then B. Shhet, for ESI, EPF, Bonus and Gratuity Provision, also with Reg. to Excise Return.

Can any one suggest me the Point wise List of Notable Points at time of Ledger Scrutiny.
For a Manufacturing, Service Providing and Real Estate Firm.

Fixed Assets put to use in one accounting year at a foreign exchange rate but the payment for the same is made in the next accounting year at a different foriegn exhange rate as the foreign exchange rates changed - please suggest the accounting treatement for foreign exchange gain or loss as per accounting standard

CAN A COMPANY GIVE LOAN TO SHARE HOLDER & WHAT IS THEIR TAX TREATMENT