For audit U/s 44AB the term sales or gross turnover means including all taxes or vat or only sale amount

Respected Sir/Mam

Plz give me the Clarification on Pre Operative Expenses.Luxmi Ind(Parnership Firm) expends the money on diff. ways i.e. for land,building,labour charges for building,Bank Charges, Brokage for rent,salary for adminetc.

Production start Date 01-09-2009.
First Sale invice Date 11.09.2009.

Pls give me solution for expenses for the year Apr08 to March09 and Apr09 to March10.

Thanks in advance...

Dear sir/seniors

Can u plz suggest me the impact of a board meeting in the said case

1. The name of the director appears on board meeting but the same director at the same time was out of india.
Actually in most of the small companies board meetings are conducted in a paper only no actual BM conducts by them.
I came across the situation where i found that one of their directors name appeared in the board meeting but the same director was out of india.
As a auditor what is my responsibility under-
1. CARO
2. Cos Act
3. SEBI
4. any other statute/act

your answers must be supported with evidence with reference to act

We are appointed as auditor of prop. business concern, when we contacted the previous auditor for getting NOC, he refused to give in writing. We had sent the letter through speed post, which is also returned.Now what we do?

if we pay consultancy fee to the party regarding the project and for the over all supervision.(which will include supervision of building construction.)

what will be the accounting treatment for that whether it will be capitalize expense or a Revenue exp

Hi,

Please guide me on the matter of Internal audit of a company. What should be the workflow of the internal audit? Can i get the presentation format which we require to present to the management??

We also have problems in qouting fees for taking up the assignment as an internal audit. Any known formula??

Regards,
Satyendra

tell me some tricks about audit of payroll

Plz tell me whether a partner in CA firm can sign all the audit reports up to the ceiling limits on behalf of all other partners.

In other words, audit reports should not be signed by each partner up to the ceiling limit ?

i want AMMENDED SA'S....
applicable to may attempt..

dear all

what is the impact if company shows that a director was present in the Board Meeting but later we came to know that in actual that director was out of india in the same time.

plz give impact on audit point of view.

Is the same is fraud or null and void Bm or what.
How can i give bamboo to the client