In a company audit whether an auditor can give multiple opinion?
example qualified opinion regarding some aspects of financial statement and disclaim with regards to some other aspects or adverse opinion with respect to some aspects?
Whether the types of opinion is mutually exclusive( only one opinion in one report?)
Please any one reply me
while filling ITR 3 I have not entered any amount under SEC 80U Sch VI . During validation the error comes"In Schedule VIA, deduction u/s 80U for self with severe disability cannot be more than the maximum limit of Rs.1,25,000". I have deleted SEC 80U under Schedule C and D. Still same error is coming
A client has inherited listed shares from his brother. All these shares were purchased before 31st Jan, 2018 but exact date of acquisition and cost of acquisition is not available as many of these shares were earlier held in physical form and later dematerialized.
What should be shown as the cost of acquisition in case some shares have now been sold by the client? Can we consider FMV as on 31st Jan, 2018 also under cost of acquisition or any guidance available under the Act?
If anyone has dealt with such case practically then please advise.
sir,
I am a pensioner. I have deposited Rs. 1.10 L on 07.04.22 and 0.40 L in 03.23 in post office ppf account , but it is not reflected in AIS statement. Hence, this amount is not shown in prefilled form of ITR. How this will be included ?
I'm a ca final student. I have submitted form 108 recently. In my articleship period, stipend have been paid in not in each month. It have been paid quarter wise or half yearly wise. And ICAI has questioned it. Why it is not as per month wise and ask me the explanation in mail. What can be answered I should give?
I have filed ITR 3, error show at the time of validation.. Category of defect A :You will not be allowed to upload the return. Kindly correct below errors in order to proceed further. 1. In Schedule VIA, deduction u/s 80U for self with severe disability cannot be more than the maximum limit of Rs.1,25,000 Where I have not entered any amount under this section. I have tried many times by Deletion 80 U from Part b and Part c in numerous occasions but in vein .Please update ITR 3 defects correctly ASAP or provide any other suggestions.
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Hello
Please suggest me if any amount to pay in any labor for sometimes not regular. Which category we show.
Can we claim 1,50,000 rs under sec 80C(ELSS scheme)and 50,000 rs under sec 80TTB(senior citizen bank interests)together total of 2lakhs deduction?
My daughter has an NRO account which was converted from normal Indian SB account to NRO in Oct-22 as her status changed to NRI. All the money in the NRO account are from Income in India - SB Bank Interest (from old SB A/C & NRO A/C) and Dividends from MF. The mutual funds where bought before conversion to NRO account and the holder status of MF were also changed to NRI in Nov-22. In 26AS under the MF Company there are entries for MF dividends under sec 194K where the TDS is at 10% for MF dividends from Apr-22 to Oct-22 and dividends from Nov-22 to Mar-23 are under sec 196A where TDS is @ 20%.
AIS stmt also shows the MF dividend in two groups - one under Sec 194K - Rs 26306/- and other under Sec 196A -Rs 15032.
In Schedule OS -under which heads will the two amounts be entered :
- Amt of Rs 26306/- given under sec 194K will be entered under the head 'Dividend Income [Oher than (ii)]
- Amt of Rs 15032/- given under sec 196A will be entered under the head '115A (1)(a)(i)
Dividends in case of non-residents' or
'Income in respect of units of non-resident u/s 115A(1)(a)(iiab)
In AY2022-23,I filed ITR 4.At that time i filled 'Financial Particulars of the Business' section (E11 to E25)like sundry creditors,sundry debtors,balance with banks,cash in hand etc.But those columns are not visible in ITR4 form of AY2023-24.Is that Return form changed ?
Without going to ITR3,is it possible to enter those details ?
Audit reporting-Types of opinion-urgent help required