Vaishali Bhavesh Gala
This Query has 1 replies

This Query has 1 replies

03 October 2008 at 16:09

Audit of Co op Hsg Society

In case where Audit of Co op Hsg Soc is not conducted since last 10 years whether the same can be done now? If yes whether Audit report to be issued will be combined for all the 10 years or a sepearate reports will be required to be issued?

Also can any body give me the format of Audit Report?


Pravin Kulkarni
This Query has 5 replies

This Query has 5 replies

03 October 2008 at 15:40

No of audit under Comapny Act

Is there any limit as per Company law or institute norms for audit of private limited companys.


dharmesh
This Query has 5 replies

This Query has 5 replies

02 October 2008 at 18:40

companies act

Q.1 X is a holding company , Y is a subsidiary company of X , Z is co-subsidary company of X.

A is a subsidairy company of X where A is not related to Y & Z.

CAN A PERSON BECOME AN AUDITOR OF COMPANY "A" IF HE HAS PURCHASED SHARES OF COMPANY "Z"

Q.2 X,a CA in practice is a statutory auditor of MNO Ltd. He purchased a car from the company under Hire purchase scheme run by the company on the same terms & conditions as applicable to all other customers. The cash down price of the car is Rs. 80000. The initial payment of 25% was made on signing of Hire purchase agreement and the balance is payable as Rs. 750 per month. The auditr has become indebted & is disqualified to act as an audior. Do you agree. Comment


nitin
This Query has 2 replies

This Query has 2 replies

01 October 2008 at 18:44

verification of asset and liabilities

the provision of written off the whole low value asset i.e. less than rs.5000 as an revenue expenses. i want to know that this provision is in exsistance or not?


SAMIR K MEHTA
This Query has 3 replies

This Query has 3 replies

01 October 2008 at 11:53

Audit u/s 44AB

have formed a private limited company providing management consultancy services and other project finance work. My Previous Year Income is Rs 16 Lacs

My query is whether my company will be covered under Professional Category and will be liable for Tax Aud

As Company being artifical person cannot possess profesional knowledge , than how can it be treated as professional income and limit of Rs 10 Lacs apply ?


Prasanna Bhat
This Query has 6 replies

This Query has 6 replies

01 October 2008 at 08:55

General Reserve

When a company finalizes it balance sheet in the yearend on what basis is the general reserve is allocated pls let me know


SAMIR K MEHTA
This Query has 3 replies

This Query has 3 replies

30 September 2008 at 18:46

Audit u/s 44AB

I have formed a private limited company providing management consultancy services and other project finance work. My Previous Year Income is Rs 16 Lacs

My query is whether my company will be covered under Professional Category and will be liable for Tax Audit


Shiv om Jindal
This Query has 1 replies

This Query has 1 replies

30 September 2008 at 15:28

TAX AUDIT E-FILING

Last year i filed the return of a compnay online, but pdf file has been misplaced but xml file is there. Some one please tell me how to file the return in this case.


SHANTANU SHARMA
This Query has 1 replies

This Query has 1 replies

27 September 2008 at 10:39

share application money

hi
how share application money is audited. both condition when it is received from foreign, and when it is received in India.
please explain through very basic.


Shiv om Jindal
This Query has 1 replies

This Query has 1 replies

26 September 2008 at 18:54

Creation of Charge with ROC

what are the consequences of non creation/modification of charge with ROC within the stipulated in case of Bank Audit. Will the credit facility in excess of charged amount be treated as clean OD, and if yes, can the account be categorised as NPA.






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