ONE OF MY CLIENT IS TRADER. His Gross turnover is less than 1 crore in F.Y. 2016-17. & he shown Less than 8% profit of his turnover.

My question is that whether 44 AD applicable on them.
and if he does not applied 44AD then what consequence was arises.

Dear Experts.
As per Existing CST rule we have been purchasing goods with C form by paying 2% CST however credit of 2% CST is not available. pls let me know the procedure of interstate purchase is there any form like 38 or C whether credit of GST paid on interstats be available.

Thanks
Mukul

I have heard that MCA notified accounting standards are applicable in case of companies and ICAI notified standards are applicable in case of non-corporate entities. Can anyone please reproduce or share the link, where the same has been mentioned?

respected members,
I want to know about the checklist for internal audit of an automobile dealers, if any one has knowledge of the requested matter please reply as earliest possible for you.

sir my income not exceeded rs 200000 in that case there is legal requirement for audit u/s 10B during the year 2013.14 and on wards

Hello everyone,
I have a doubt regarding service charges collection by hotels. Is it mandatory for hotels to distribute all service charges to its staff???

which person is liable to get his books of accounts audited?

Dear sir,
i want to know whether disclosure requirements as per icds is mandatory in form 3cb-3cd or it has to be made only when my income tax computation differs from icds. kindly reply.

C.A. Having proprietorship firm can do audit of trust? what are the critaria for trust audit and what C.A.should be the charge for trust audit?

Notification no GSR 583 E dated 13 June 2017 published by MCA provides exemptions to a small company for reporting under section 143 (3)(i) ie Internal Control Over Financial Reporting.

Query:
1. What will be the effective date for application of this notification?
2. Shall it be the date of report or the date of financials (March 31)?
3. In logical analysis, it was found appropriate to take the date of report but, is there any law/rule/notification/interpretation supporting this logic?