Clarification: For level II Enterprises, compliance with the mandatory.

Accounting Standard is must, Auditor while doing attest function must ensure
that all the applicable accounting standard should be compiled in the
presentation of general purpose financial statement of the enterprises.

Now, my quary is that, in case of Tax - Audit report issued u/s 44AB of
income tax act 1961, Wheather member has to see that all the applicable
accounting standard have compiled or not issued by ICAI.

Also, is there any professional misconduct in case member don\'t give due care with the compliance of Mandatory Accounting Standard in case of Level II Enterprises

Sir ,

Can an body advise

That under what sec / provisions a Tax Audit report ( Form 3CD) can be rectified by a Chartered Accountant


Sandeep

9868705794

if an assessee carries on two propritorship firms of entirely diffrent nature, is he supposed to keep two different sets of books for the businessess?
In the present ITR, how will the balance sheet be filled in such a case?
Will it be statemnt of affair of the proprietor or simply a combined balance sheet and p & l of the two firms?

In case of service tax of GTA paid by Company under reverse charge system. Company can use CENVAT credit balance for paymnet of that service tax liability.

Please tell me applicable service Tax rate on Cost Difference related to uoto March 08.

Company raised bill in the month of Sep.-08 related to upto March 08 Company Charges Service Tax 12.36% upto March 08 Consumptiom & Consumption atfer March 08 Company Charged service Tax @ 4.12%.

So Please tell us that Service related upto march 08 to be Payable @ 12.36 or 4.12%

An assessee filed his ITR quoting wrong TAN of one of his parties that had deducted his tds.
What remedial action can be taken?
The assesee has received a letter from the DIT that mentions of some remedial action that has to be taken but doesnot specify what action is required?

if a company has practice to bill both sales and service provided and if amount is collected in parts then while calculating service tax liability how can we allocate the same collection in both components? its urgent.

Dear Sir/ madam,

One of my friend is looking out for some part time jobs who is a qualified CA and working for a MNC in Gurgaon.

as he has free time in saturdays, sundays and he can spend 6 hrs per day in week days... can u suggest some part time job options for him....

the job can be either work from home or attending office during the above available time....

I will be very much thankful to u if u can help in this regard.....


Narendra

If the supplier given the invoice of Rs.1000 and VAT @ 12% i.e Rs.1120.And afterword they gives 10% discount on Rs. 1000 i.e Rs.100. Whether the supplier has reverse the VAT amount also by 10%.

whether effective date has been notified by the CG for the above mentioned sections...