Audit QnA [Resolved] - Page No 574

All Resolved Open

This Query has 1 replies

31 March 2008 at 10:03

Servive Tax appicability on General Insurance

Is Service tax applicable on marine cargo insurance when goods are moving abroad?

My contention:
This transaction does not come under the purview of Export Service since the customer is residing in India. Hence,ST is leviable.

Plz do let me ASAP because my client is not collecting ST on this type of transaction assuming it as an Export Service.

Pranjali

This Query has 2 replies

27 March 2008 at 22:11

disqualification of auditor

If ABC is a partnership firm, analyse whether disqualification provisions are attracted if
A is indebted for amount of Rs 400
B is indebted for amount of Rs 300
C is indebted for amount of Rs 500?

thank you

lenin

This Query has 3 replies

27 March 2008 at 16:02

bank audit

what are the procedures and important aspects to be seen in Bank audit

lenin

This Query has 1 replies

27 March 2008 at 16:01

bank audit

how to verify NPA ,What is agricultural KCC and its aspects and how to verify.

girish

This Query has 6 replies

27 March 2008 at 08:04

Deferred tax asset vs Deferred tax liability

Please explain the provision regarding DTA and DTL. when,why and how it arises. what precautions to be taken.

SONUJRT

This Query has 13 replies

26 March 2008 at 18:45

Agricultural Business & Tax Audit

Hello frnz...
My query is related with Sec 44AB i.e tax Audit.

I want to know that if the assessee has gross receipts of more than Rs. 40 lacs from the agriculture dealing; whether he will be liable for tax audit or not?

As agriculture income is exempted from tax.

Gowri

This Query has 7 replies

25 March 2008 at 14:08

AUditor of a Company

Can the statutory auditor of a company be the internal auditor of the same company?

harpal singh

This Query has 4 replies

24 March 2008 at 14:24

TAX AUDIT LIMIT

THERE IS A LIMIT OF 45 TAX AUDIT U/S 44AB.

QUERRY :- WHAT IS THE CHECK ON CA FOR DOING THE TAX AUDIT ? WHETHER IT IS POSSIBLE IN FUTURE, WHEN E FILING IS MANDATORY FOR THOSE WHO COVERED U/S 44AB, TO CHECK THE NUMBER OF AUDITS DONE BY A CA.

M.Sathish Kumar

This Query has 1 replies

23 March 2008 at 15:16

Audit and Related Services

Sir,

What are the related services?

When does related service engagement arises without an Audit engagement? and provide me some practical situation or examples for the same.

Thanks in advance!

thanumalayan

This Query has 2 replies

22 March 2008 at 06:50

44 AB Audit

Is there any restrictions on holding audits under Section 44 AB of the Income Tax Act, 1960 ?

Is it clash with the number of company audits, under the Companies Act, 1956.

Pls assume the case may be for an individual practising Chartered Accountant.....