what should an auditor do if opening balance as per last year's audit report is not matching with the opening balance as per books of accounts (items like cash, bank, advances etc). Also the client is claiming that the balance in their books is correct.
I will appreciate an early response.

Thanks in advance

i am going to audit a government college

please guide me how to proceed and format of audit report if

its under society or if not under society...

please urgent ....

thank you

Dear sir its very urgent.
I have join a small firm. The firm hasn't keep the books of accounts. So I had prepared the chart of accounts. Now I have a doubt. How to account the Fixed assets. There are number of Fixed assets like Furniture, computers, Fixtures and so on. assets are purchased on different months and different years, some of them have no purchase bills.
So how can I prepare the fixed assets ledger and old depreciation.
OR
Depreciation start with current year accounts with original cost (Purchase price)
Thanks in advance.

Dear Sir
I wand to know that 'A manufacutring company service tax input avialing of RS. 100000/- but Assessing Officer disallow service tax input of Rs.20000/- he say service tax input can not we avial on Rs. 20000/- he say deposited service tax amount with penlty and Interest so i want to know what is the penlty and intrest on Rs.20000/-

Whether registration of a property is mandatory ...even we dont have any threat to the title and ownership?? The entity just want to take the tax benefit?

Gentlemen,

My Client has Ready Mix Concrete Plant, they are doing work on works contract, they also apply excise on total amount of invoice.

My question is that, is there liability of service tax on excise invoice however it has been made for works contract

Please reply

i am currently doing articleship at my hometown since march 2012, now from august i would like to take transfer to delhi where i did my coachings. bt at the same tym i want to do the indutrial training where i can earn some money as i have done up with good articleship here. plzz suggest me wat do at this point of tym as i am in dilemma wat to do wat not to do..wat best i cn get from these consequences as my final attempt is due on Nov,2014 and i have also left with ipcc- grup 2 wich i will clear in nov-2013

Dear Mr. Suraj,

My quarry is related to CARO clause (x). To consider the net worth n/s 2(29),whether accumulated lossess be reduced from capital and free reserve or not? please

Dear Sir,
I want to know whether income from futures and options are speculative or Non-Speculative and how the loss from these are treated in Income Tax Act?

Waiting for a prompt response!

Thanks & Regards
Dhiraj Kumar

I know CA in practice can not advertise.

Can CA in service advertise in newspaper and pamplet for Income Tax Return Filling, as part time or full time profession?

Does this impact if he is service in CA firm/ or private company?

Please advice