Dear Sir,

pls let me knw if there is any responsibility or liability of Internal Auditors towards Statutory Auditors..???
Are internal auditors required by any AAS/ SA to answer statutory auditors on any matter compulsarily.
In AAS-7 it is given when a Statutory auditor can rely on Int aud. But i could find nowhere about the above topic.

Pls reply asap.


regards
Pranay

Pls. let me know what is the due date of folowing payments in maharashtra state.

Profession tax (e.g. april 08 salary paid in 07/05/08 & booked in same date also then wt is the due date)

Octroi (wt is rate and basis of paymt.i.e. mthly, qtly, yearly also tell me)

Labour welfare fund

My company follows depreciation as per companies act from starting which is low rates.But now it wants to follow depreciation as per IT act.If company changes to it. Will it be done with retrospective effect or not?If yes then the most of the assets will show a low balaces in Balance sheet. even some assets shows negative balances.so what can I do in this situation.Plz suggest me? thaqs in advance.

In my clients books some amount nearly 94Lacs is outstandig from 1999-2000. That was carryforward in Debtors which is o/s from Govt for the project.Last year it received 3 lacs. What treatment should be given to remaining Outstanding amount that amount it will be writeoff from books or it will continue as debtors.My client says it will definitely received but takes some time?and it was a Engineering staff training institute and it also carries Some Research for newly introduced schemes of govt.For that it receives fee!

A pvt.ltd co. dealing in electric goods has a turnover of Rs. 10 lacs only. Hence, No need of tax audit report. My query is whether Form 115JB for the purposes of Book Profit is to be attached with the balance sheet or not as the co. has to pay taxes according to the concept of tax on book profit or tax on balance in p & l a/c whichever is higher.
Further Co. will pay FBT. Then also whether annexure for the FBT is to attached or not.
Please guide what to do.

Hi friends,
pls. let me confirm, is there any amendment in CARO

HI ALL,

PLEASE FURNISH THE FORMAT FOR AS-15 TO BE PRINTED IN PUBLIC LIMITED CO BALANCE SHEET. (.XLS FORMAT WILL BE HELPFUL TO ME)

THANKS

Respected All,

I earned salary and also provide service other than employer.

then which ITR return is applicable for me?

and is efilling manedory for me?

One of my client is a Ltd. O. My question is in CARO

1)Clause No. (xi) ; Company has taken CC from IDBI . Whether it is to be mentioned in this clause as IDBI is a bank and not financial institution.

Is TDS applicable to the Maintenance paid to the Co-Op Hsg Society? If applicable under which section?