DIVAKAR PATIL

While auditing a cooperative housing society whether auditor can comment on
a) Non Compliance of govt. directives to obtain police verification report before letting out of flats etc.

b) Non attendance of Managing Committee Members in Monthly meeting

c) Defaulter of society being MC Member etc

d) Internal working of society and non adherence to Bye laws and govt directives

Whether secretary of housing society deny information on above subjects to auditor/ Internal Auditor of society?


Pravee Haridas
01 May 2009 at 11:40

Taxation for Trusts

1. A trust has not filed its return for last five years, now it wants to file return for all the five years. please tell me whether any penalty leveied for the delay if yes what is the amount.


Nilesh
01 May 2009 at 11:29

Prepayment Penalty

Can the Bank charge prepayment penalty on closure of CC a/c. which basically is limit taken and is payable on demand.



Anil
01 May 2009 at 11:24

Fillig up excel sheet with zeros

I have a big excel worksheet where I have filled up numbers in some cells. In the cells which dont have numberes or forumulas I want to have "0"(zero). What is the short cut for this? Can this be done in one go?



Thanks.


Shruti Jain
01 May 2009 at 11:01

Relatives for Gift

Please tell which of my family members can give loan to my wife, exceeding RS. 50,OOO/- And not attracting income tax liability.Can you elaborately explain the definition of "relative" for Income tax purpose.


RAJU CHANDAK

what should be accounting treatment if goods are purchased with vat/cst and same amount of vat/cst is shown as discount in the same invoice.
For eg...
Basic Price 100
CST 3
Total 103
Less
Discount 3
Net 100
The discount is not in the nature of Cash discount.... We cannot treat this discount as trade discount as well.. as it comes after vat/cst calculation... Please let me know the repurcusion at the time of sale tax assessment.


CA-ASPIRANT
01 May 2009 at 10:25

Revenue Stamp

As per Indian Stamp Act, 1899 Revenue Stamp to be affixed is mandatory in nature u/s 2(23) of the Act, on receipt of above Rs. 5000/-. please let me know the consequences of it, If the law is not followed.


CA-ASPIRANT
01 May 2009 at 10:20

Goods Transport Agency

If freight bearer whether consigned or consignee pay service tax directly to GTA. It is violation of rule [(1)(d)(v)]. If is violation of law then please let me know further remedies of it.


mandar
01 May 2009 at 10:12

Submit return A.Y 07-08

Dear friends,

give me suggestion for submit return A.Y 07-08 & 08-09.can i submit this return today's date, return was nil, if any fine to delay of return.

can i submit this return online,those get any problem for me.

thanking you,


Bhavin Kanabar
01 May 2009 at 10:03

wrong Challan no.

Dear Members,





I have filled 26Q for all quarter but NSDL site displayed wrong challan number. becase of wrong entry they didnt book my return so that i am eligible for revise it

but my problem is which challan number i can display in revise return.





Thanks in advance





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