Anonymous
This Query has 1 replies

This Query has 1 replies

sir,can you please explain with an example what is the difference between independence of mind and independence in appearance of an auditor ?



Anonymous
This Query has 2 replies

This Query has 2 replies

07 July 2016 at 18:17

Audit u/s.44ab?

A Medical Professional receives Rs.28 Lakhs as Fees from Profession services(194J) from various hospitals for A.Y.2016-17 on which TDS @10 % - Rs.2.8 Lakhs is already deducted. My query is since the Gross Receipts (Fees from Profession Services) exceeds Rs.25 Lakhs Audit u/s.44AB is to be done. Assessee says he is not liable for Audit u/s.44AB as TDS is already deducted on the receipts and he is ready to pay balance tax as per the I.T. slab rate. whether Assessee is correct?


Prashant Nakum
This Query has 1 replies

This Query has 1 replies

06 July 2016 at 20:25

Caro reporting u/s 188.

Is Dislosure in CARO required if we have entered transaction with the related party which is relative during the year, but not at the closing of the financial year and at the date of signing of the audit report?

For Example, Wife of director is partner in ABC firm, During the year 2015-16 purchase of Rs. 5 lacs is made from Firm, but in the february 2016, She is retired from the firm. So now the firm is not in the term of relative u/s 2(77) of the Companies Act 2013. But during the year , Firm is relative. So please guide whether we have to disclose in CARO and Audit Report or not?


saurabh garg
This Query has 2 replies

This Query has 2 replies

05 July 2016 at 23:39

Trust audit

Query is.... As per income tax act, a trust is required to get audited if total income of trust without exemption under sec 11 and 12 is more than the limit specified for income tax.... what is the meaning of total income.... is it total receipts?? or is it net receipts after dedicting the actual exp??


yashodeep
This Query has 1 replies

This Query has 1 replies

Hiii


Please provide me Maharashtra Co-operative housing society audit report in marathi format in ecxel. please its urgent.


ADHITYA SRI GUPTA KOTHAMASU
This Query has 1 replies

This Query has 1 replies

02 July 2016 at 13:17

Audit

What is the exact difference between Expense and Expenditure.


subodh
This Query has 1 replies

This Query has 1 replies

29 June 2016 at 22:42

tax audit

a doctor recieves 23 lakhs from medical company for promotion of medicines as a professional reciept. doctor also recieves 2.5 lakhs as a pension from govt. also doctor owns a clinic and approx reciept is around 15 lakhs. whether the income from clinic is professional reciept and tax audit is to be done?


Hemant sahoo
This Query has 6 replies

This Query has 6 replies

25 June 2016 at 16:54

Audit

Can a CA in practice accept share or commission from any person or from advocate, cs etc???


CA Ashish Agrawal
This Query has 2 replies

This Query has 2 replies

25 June 2016 at 12:13

Audit Fees Of Co Operative Society

What is the criteria for deciding audit fees of Cooperative Society for the F.Y. 2015-16


trishup
This Query has 1 replies

This Query has 1 replies

24 June 2016 at 13:20

SA 560

According to SA 560 that subsequent events are those that occur after balance sheet date but before the date of signing the Balance Sheet by BOD.This is what my coaching sir taught me.I have a doubt that -Is the date of signing of Balance Sheet same as the date of approval of F.Statement by BOD or date of signing of Balance sheet same as the date of issue of F.Statement to outsiders,bcoz in SA its written subsequent events are those between balance sheet date but before date of issue of F.Statement to outsiders(3rd parties).






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