Sir,My clint is Partnership Firm.Firm has loss of Rs.25657 during the year 2008-09.What is the deferred taxasset/liabilty? for accounting and plz explain the desclosere.

One of our client, who is a doctor and is working as on part time basis in hospital and receiving a receipt of Rs.11,50,000/- He recives Form 16 A from the concern. Whether he is liable for audit under section 44AB.

pls send me caro report

if a proprietor has two proprietorship concerns and in both firms sales is above 40 lacs

then he needs to have 2 tax audit for separate firms or

single tax audit report will be made for both the firms

both firms are doing different businesses

i as a company had appointed the auditor in the AGM but later the auditor had resigned as he went out of station so now i want to know the procedure to be followed to appoint the new auditor
kindly provide me with the detailed procedure
thank you

when CARO will be applicable to a public limited company please give me detail's and conditions.

We are consignment agent and commission recd. during the year is only Rs. 15000/- but total consignment turnover is rs. 69 lac.

In this case tax audit compulsory or not

tks & regards,

Rakesh Kumar

which is the relevant rate of foreign exchange rate if a copany hold raw materilas at closing balance sheet date? the purchase price is in foreign currecy and not settleed at closing balance sheet date and our actula cost as per AS 2 is still @ foreign currecny

while checking expenses, i found a bill, the expense(tds e-filing fees) in which belongs to f.y. 07-08 but date on the bill is of current year(year under audit). so how should it be shown in books? will it be treated as prior year expense? i m a bit confused since the bill date is of current year.

When the opening balances are different from the figures reflected in cash book (bank balance)and last year audited balancesheet what should be the action taken.

We know the amount reflected in the cash book is correct as we can verify with bankstatement given to us but it disaggress with the audited report.