hey anyone can tell me how to do a stock audit of manufacturing concern....ok jus give some report or format if u have.....pls...thanks in advance

IS IT NECESSARY TO DEDUCT 12% FROM BASIC SALARY? IF CLIENT DEDUCT BELOW 12% THEN WHAT PROCEDURE SHOUD BE ADOPT

Hi

Can any one provide me the Checklist for Loans & Advances given to Subsidiries and Joint Ventures from Internal Audit point of view to my mail ID "ivchandrasekhar@yahoo.co.in"

Experts i want 2 know how to perform TRUST AUDIT. i.e wht are legal consequences to be check,i.e A to Z of trust Audit

I will be thankful if u entertain my query

Tax Audit Limit is Rs.40,00,000/-. Is it only of the Sales Turn Over, OR it includes Closing Stock and Direct Income also?

auditor have indebted to the sBH is qualified for the appointment of the auditor of the SBI

Could you please confirm what is the requirement for Internal Audit. Our Share Capital is Rs 184.60 Million

Please suggest the accounting treatment of Demolition of an old building which was constructed on a Land. The demolition has generated a revenue of Rs. 10 lacs from the sale of scrap in the same year of purchase of land.

Can this scrap value be credited to the cost of land so as to subsequently reduce the cost of Land?

What is the tax implication of this treatment?


The building was entirely useless for the company since it was purchased?

Due to some different procedures followed by the foreign parent company, the indian company is asked to reverse the revenue of previous year in current year. Due to this reversal, the net profit is getting turned into Net losses. The question is:

1) What type of report (i.e Qualified, discliamer or adverse)to be issued in such scenario where the profit is getting converted into losses of current year?

2) Why with reason

3) Please give some real examples to set the past precedents.

4) How this reversal shall be disclosed in the financial statements i.e extra ordinary item or something else?

Thanks

If the tax audit for the F.Y. 2008-09 has already been done by another auditor but some mistake found later. can another auditor conduct the reaudit on request by assessee for same f.y. 2008-09 without communication with previous auditor?