Stating F. Y. 2016-17 a partnership firm can not claim remuneration and interest paid to partners if filing return u/s 44AD. So if a partnership firm has total sale of 20 lacs and after claiming remuneration and interest paid to partner net profit is 20000/- then do i need compulsory audit as according to new conditions my net profit is less than 8%

What is the difference between Safe custody and Bank locker???

Whether board resolution is required before making new Fd by the co? Whether for short term or long term?

Whether an auditor has to check with compliance part of CO or it is a CS responsibility?

Sir,,,, Don't the bank need to collect processing fee from all type of loans and advances while renewal????

Has any one has freely download software for gujarati fonts or anyone can suggest easy way to better type in gujarati language..I have to draft trust audit report in Gujarati Language.

What is frf in auditing please tell in brief with example.

ITC mismatching : dear sir , my friends is a two wheeler sub dealer in orrisa ,sub dealer is purchasing bick from his dealer .I file my income tax return but 3 month ago , adit was come odited my file and sales track and found that mismatching between out put tax show and ITC taken by sub dealer mismatching amount isRs . 1,56,187.00. finaly sub dealer is got income tax notice so kindly advice in following queries. .. 1. will sub dealer having any deficaulty with tax notice instinct of sub dealer file tax return accouding to his sales and income 2.whether income tax notice is valide incase of sub dealer 3.what is the core of action sub dealer will take thanks and regards irfan alam

is it compulsory to mention membership number on annual accounts and if so please refer me to relevant rules.

Assessee has a tax audit. He has taken housing loan, but neither the loan nor the property is reflected in the balance sheet of the business and we are not claiming interest expense also. Is there a liability to deduct tds? If no can you just let me know the section to be referred?

Thanks in advance