Hi
Respected CCI Members

1. Can any one tell me what is the meaning of Spiliting of shares with example?

2. Why Company Split the shares?

3. What is benefit for Company and Existing Investor by spliting of shares?

Please Reply

Thanks in advance

due date for tax audit cases U/s.44AB for 2010-2011 assessment year

Hi,
Dear Sir,
pls give me the details for how to Start work for statutory Audit conducted in particular Company.
i m working in the Audit firm and have to start statutory audit for co. then how to proceed further for that Audit
pls explain.

In caro it is asked in clause (iii) that whether the company is regular in repayment of interest and principal or not ?
In such a case what is to be reported if the repayment terms have not been decided and no repayment was done during the year even though interest payment is regularly made.

Thanks

Can a chartered accountant audit the books of a pvt company in which his patners relatives are both shareholder and directors. Is it against professional ethics.

What is ledger scrutiny?How should it be properly done?

hello,
pls tell me whether anyone had followed surbhi bansal notes for audit and given/passed the exam pls tell me what was the confidence level and satisfaction level.
i had the latest book of surbhi bansal and i am planning(actually read a few pages) to go for that book for exams.
pls suggest, all suggestions will be valuable and helpful in the much needed context.

thank you

Dear Experts ,

I am in the finalisation process of an educational institution

. They have debited a lot of expenditures on there building as building and maintainence a/c (Dir Exp) and under some other expense heads. My query is that upto what limit can be treated as expenditure and above what limit should be capitalised ? What is the crieteria for that ?Is it related to amount or nature of expense?If yes what is the criteria Kindly help...

Also please let me know the depreciation rates of Xerox machiene and Water Purifier.

In one of my client which i was doing Tax audit,
i used to see lot of expense booked under the head Business promotion.
it is nothing but the under-table expense, Bribe given to various government authorities including IT Dept.
The question is
these expenses do not have any evidence, formally we have to disallow.
However, whether they can be treated as gift given to a person associated with the Company?
THANKS A LOT IN ADVANCE.

Sir,

for selecting samples there seems to be some logic However, i am not aware of that can anyone please tell me what is the logic/formula under which a sample be selected.

It may be for Cash vouching, bank, journal, purchase or any other else.

THANKS IN ADVANCE.