Audit QnA [Resolved] - Page No 563

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Vishnu Agarwal

This Query has 5 replies

20 August 2008 at 13:47

relating to Form

My friend is minor, Is there any separate form for registration of PCC?

Mohit

This Query has 1 replies

19 August 2008 at 15:21

IF A PROMOTER IS HAVING 6 OR 7 COMPANIES CAN HE MAKE INTER COMPANY TRANSACTIONS WITHOUT MENTIONING IN THE MINUTES. WHAT HAPPENS IF SOME OF THE COMPANIES ARE (LTD.) AND SOME ARE (PVT. LTD. WHILE PURSUING AUDIT OF THAT IT CLEARLY SHOWS THAT ALL CERTAIN TRANSACTIONS ARE INTERNAL. IS IT ALLOWED BY COMPANIES ACT.?

Mayankkumar

This Query has 2 replies

18 August 2008 at 23:07

TRADING IN SHARES

i trad in shares in previous accounting year 2007-08, my purchase amount around 34,00,000 and sales value around 39,33,000 rs. i recive STT paid certificate on rs. around 67,00,000 value of transction. can i liable for audit ? can i show it as a bussiness income or short term capital gain ? for income tax return which form ITR-1,2,3,4, ?.

Vishnu Agarwal

This Query has 5 replies

18 August 2008 at 11:53

Debt equity ratio

What is the meaning of debt equity ratio?

nitin

This Query has 2 replies

16 August 2008 at 11:53

company audit

what is main difference between the qualified
and unqualified opinion?

madhur gupta

This Query has 2 replies

15 August 2008 at 19:12

when to record entry in books?

if bill is of last year but recieved by company in next year, say bill of march month purchases,or services etc., then it should be recorded on date when bill is recieved
then as an auditor can we question it regarding prior year exp.or this practice is allowed?

CA Abhishek Tyagi

This Query has 1 replies

13 August 2008 at 23:29

Audit of a company which dealing in shares.

Please let me know the main points which should be taken care into while doing audit of a compnay dealing in shares.

CA. Vinod

This Query has 1 replies

12 August 2008 at 17:53

Professional or Business Income under Tax Audit

Case 1 - Assessee earned income in construction of Designer floors, turnover is 15L. If Tax Audit applicable or not? Case 2 -Assessee only designs the floors and gross turnover is Rs.15L. If tax audit is applicable or not? In both the cases assessee is not having any professional qualification but his employees are.