Suppose firm named ABC (partnership firm)
has following palses of bussiness
1)Ahmedabad (H.O.)
2)Vadodara (Branch)
3)Bihar(Branch)
4)Jaipur(Branch)
then for the purpose of tax and other statutory audit how the audit will be conducted.i.e.Seperate audit for seperate branch and H.O. as per the criteria specified (like turnover) in the Act or we go by cosolidation of all the accounts and conduct audit only of H.O.

What would be the situation in case of company.(i.e. statutory audit under the Companies Act,1956.

I'm doing PCC. In a company, bonus shares are issued from revaluation reserve.Can u please tel me the notes to attach in the balance sheet and if u give an explanantion with a case law, it will be great helpful for me in my further proceedings and under which section it is prescribed. hoping u will do for my need.
thank you

I'm doing PCC. In a company, bonus shares are issued from revaluation reserve.Can u please tel me the notes to attach in the balance sheet and if u give an explanantion with a case law, it will be great helpful for me in my further proceedings and under which section it is prescribed. hoping u will do for my need.
thank you

If the dividend is declared after the bonus issue of the shares then on what amount of shares the dividend will be declared in the absence of any information given in the example.

What is the main approach to the internal audit.What care must be taken in case of the internal Audit.

Hi friends,

can you explain the average rate of tax calculation in case of salaries along with a illustration showing month wise deduction.Usually companies will deduct tax by dividing total tax with no. of months.i want to know where we will get difference.
Definitely later will result in some lower deduction if any incentive is paid during the year(particular month)
Pls explain me.

In what circumtanses the bank is requiered to get it's accounts audited and under what stutute i.e. under the companies Act. or Banking Regulation Act. or R.B.I. Rule.
( Provided bank is a)Partnership firm
b)Company (Indian)
c)Company (Foreign)

espected members

please give me slab rate of PF and PT.

also provide to me regarding what things include in term "SALARY".

regards
sm makwana

1) Suppose person carried on more than one business then whether turnover from all this bussiness should be calculated seperately or otherwise.

2) Suppose Person engage himself in both i.e. a) carried on bussiness
b) Profession
then what would be for tax audit Criteria.
i.e. whether seperately or otherwise.

Please support your answer.

respected sir
Will u please explain me definition of "Income" as per Income Tax Act