Query relating to ceiling limit on audit u/s 224 (1B) of Companies Act, 1956:
Suppose there are three partners X, Y and Z in a CA firm XYZ & Co.
X is also having proprietorship concern and have 10 assignments for the purpose of section 224 (1B).
Now my query is that whether X can sign more than 10 balance sheet in the name of firm or not?
Please reply with reference of specific section or notification.
Thanks in advance.

I Just a B.com graduate and I am redering some professional Services & Some other Services ( Data Entry Services )& Sowrcing manpoer.

TDS deducted on professional income of Rs 8,000,000 of u/s 194 J & on other services on total amount of Rs 7,00,000 under some other sectione.
Would I be liable for Tax Audit.
If Yes the under which provision. Tax audit date has also passed. Advice what to do

we have made prefential allotment of share....we have alloted shares to promoters at par while to the outsiders at premium now the managment has raised the issue to wards this statement....... kindly tell me how to justify this statment

hello sir i have to draft caro report of a pvt ltd co. in d report there is (iii) clause regarding loans taken & given from any party covered u/s 301. i want to know which loans r required to state there. d co has taken,repay & given many int free unsecured loans during d year from director or their relative without any agreement & others related companies. whether it would also be stated in report
sir please reply me as early as possible with provision & explanation

thanx in advance

pls can some help me with audit program for network capacity review in telecommunication.kindly help me out

DEAR ALL

AS PER NEW AMENDMENT "PAYMENT MADE FOR PLYING, HIRING OR LEASING GOODS CARRIAGES. CASH PAYABLE UP TO 35,000/- ITS MEANS"

AN ASSESSEE PAID LORRY FRIGHT CHARGES TO LORRY OWNER 33000 THIS IS ALLOWABLE AS PER NEW AMENDMENT AND ASSESSEE IS PAID TO TAXI DRIVER FOR HIS BUSINESS TRIP RS. 30000 THIS IS ALSO ALLOWABLE AS PER NEW AMENDMENT.

PLEASE TELL
THANKS INADAVANCE

Dear Sir

Our Firm is a Partner Ship Firm we have a party who give us Tour & Travell Bills Upto Sep Total Bill Credited to Ac is 76000.00 Upto Sep should TDS Deducted if Yes at what Rate should I deduct 2.06 or 2.266% pleas Say and from 1/10/09 at what rate

Regards

How to treat directors personnal expenses paid by co. like cerdit card payments, residence electricity payments etc.

DEAR SIR
CAN U PLS. TELL ME ON THE AUDIT PROCESS AND A POSSIBLE AUDIT REPORT ON UNBILLED REVENUE AS PER AS7
THANX AND REGARDS
S.K.MAJUMDAR
ASST.MANAGER-IA

Can any body provide me help on payroll audit.