Whether VAT Tax Payable & TDS Payable shown in Financials statements at the end of FY and the payment for the same is made before due date filing return is required to be reported under under clause 26 of Form 3CD.

Hi everybody,

I have a confusion in the matter of dis-allowance of expenses that for the PY 2015-16 audit provision entry passed for the day 31st of March 2016 now, i mean in September 2016. and the client ready to deposit TDS in this month.
My question is whether i have to dis-allow the 30% of audit fees for default of TDS provision or not?? how can i treat this issue.

Thanks in advance.

How will be the signing pad of a CA signing a tax audit report who does not have any firm name?? Can anyone give the proforma??

Dear sir,

please help me with regards to capitalisation of advertisement expenses

What is Stat Audit?And What are covered under it ie does it cover even vat,excise, or only as per co act,2013?

Sir, how many of statutory audits and tax audits accept by ca individually?

dear sir my client is seller who deals in mobiles.he purchased mobile including 14% vat .now out of his stock he used 1 mobile for his office use.now he want to show mobile under fixed asset.issue is if he show mobile as a sale than vat liability on sale will come.but he dont want to show it under sale and dont want to pay vat .so what entry should be passed for this purpose..debiting fixed asset and crediting purchase doesnt seems to be justifiable entry because its not personal use.kindly guide me.this querry is for audit purpose.my point of view was to make adjustment entry, 1st debit drawing n credit purchase & second entry will be debit fixed asset n crediting capital.kindly guide me.

With respect to the above my query is as follows : -

A pvt limited company formed on 30th Sept 15 and has a turnover of above 1 Cr for the period ending March 31st 2015 and is eligible for tax audit.

My query is since it is a new company will the company has more time period that the 17th Oct 2016 (extended tax audit date) to complete it audit process

I have a query regarding depreciation of a company which was incorporated before 1980, it is very difficult to find information of assets date of purchase from 1980's. however useful life of such assets has been completed. so how can we account these assets as per companies act 2013 without confirmed date of purchase.

how to test the payroll cost for the trust