Dear Experts,
I have come over a situation where closing stock of a company is valued at cost which should actually be valued at NRV(being lower than cost).
My question to experts is that as an auditor what should be my professional obligation in this regard?
should qualification in report be done and if so under which provision the same is required?

Thanks in advance.

Hello.. can anybody tell which elective subject of cs professional is more beneficial ? 1) International business law and practice 2) banking law and practice 3) Intellectual property right law and practice 4)capital,commodity,money market law and practice 5) insurance law

Ca final best Audit Book....???

Plz suggest me CA Final costing best reference book...with solution..!

We are exporting gold. We aré buying gold from nominated agencies from scotia bank. Under EXIM policy hey have not charged any sales tax on condition we should export the gold within 3 months . We transfer the goods to Kerala Kochin Sez unit (our branch ) and export . whether Purchase tax is to be collected for this.

My client got notice in December 2013 for late filling late payment of tds total amount is 13500 now he want to pay in march 4 so what amount he should pay 13500 or more if any plz help urgent

Hello to all the members...

I have applied for verification of marks for December 2013 results. I would be appearing in June 2014 but cut-off date for receipt of examination enrollment application for appearing in June, 2014 for both the modules of executive programme is 23/03/2014. So do I have to deposit fee both the modules including the module for which I have applied for verification.

can board of director apoint rotational director in case of casual vacancy please give valuable answers....thanks

Dear All,

Is there any provision for Non Deduction of TDS when both the deductor & deductee are government companies?

For Example: Company 'A' (a govt undertaking) providing service to another Company 'B' (a govt Undertaking) now when company 'B' wants to make payment to company 'A' for it's service, My Query Arrived.

Pls Guide me,,,

Regards,
Jordan

itr v receipt status showing that " itr v receipt after due date " will it rejected or consider receipt ?