Controversial Issue-Pls Participate

In my view if the client is aware that he needs to get is accounts audited then a separate provision needs to be created for audit fees as on 31st march ..i agree with Ayush Sir.... 

Originally posted by : ANJALI NEGI
	In my view if the client is aware that he needs to get is accounts audited then a separate provision needs to be created for audit fees as on 31st march ..i agree with Ayush Sir....

Here Question of proviosn is Not There...Question of TDS...how much to be deducted...and to whom to be paid...

If students are not allowed den pls post it in expert section den dose who have practical knowledge and exposure will participate....

Generally by 31st March we know who is going to do Audit. So auditor is consulted before making the provisions and deducting TDS thereon. Have never faced any difficulties as yet regarding provision of audit fees.

Originally posted by : TusharSampatM.Com CA,CS-FINAL
	If students are not allowed den pls post it in expert section den dose who have practical knowledge and exposure will participate....

I think Aayush is saying people who do not have practical exposure in TDS. He does not mean that students can not participate. So students having practical exposure to TDS are also welcome.

But i think all should be allowed to atleast raise their queries.

Originally posted by : CA AYUSH AGRAWAL
	(Students are Not About to Participate in This)

SANJAY SIR HIS INTENTION IS QUIET CLEAR THAT STUDENTS ARE NOT ALLOWED TO PARTICIPATE AS HE THINKS STUDENTS DONT HAVE PRACTICAL KNOWLEDGE.

Originally posted by : CMA. CS. Sanjay Gupta
	Originally posted by : TusharSampatM.Com CA,CS-FINAL If students are not allowed den pls post it in expert section den dose who have practical knowledge and exposure will participate.... I think Aayush is saying people who do not have practical exposure in TDS. He does not mean that students can not participate. So students having practical exposure to TDS are also welcome. But i think all should be allowed to atleast raise their queries.

Dear Tushar & Sanjayji, I Mean to Say Those Having Practicle Exposure Only Should Reply .

Else Queries Raising by Students are Always Welcome.

But I Saw Many atimes, In Forum Section, Every One Start Replying by Bookish Knowledge Only, For That Only I written, Even They Dont Have any Practicle exposure.

Ok, and Quesries by Studnets are Always Welcome.

If You Say Then I Remove That Line, .

Regards,

Dear Tushar..please read the lines after that it says "Those Dont Have any Practicle Exposure". So please share and exchange your views. No harm in that.

Originally posted by : TusharSampatM.Com CA,CS-FINAL
	Originally posted by : CA AYUSH AGRAWAL  (Students are Not About to Participate in This) SANJAY SIR HIS INTENTION IS QUIET CLEAR THAT STUDENTS ARE NOT ALLOWED TO PARTICIPATE AS HE THINKS STUDENTS DONT HAVE PRACTICAL KNOWLEDGE.

Dear Tushar, Pls Read Continuation part of That Line You Have Copied.

Please Dont make Wrong Interpretation.

You are Here to Solve Contradictary Part, Not For Craetion of Contradiction...

Got it ....??

Originally posted by : CMA. CS. Sanjay Gupta
	Generally by 31st March we know who is going to do Audit. So auditor is consulted before making the provisions and deducting TDS thereon. Have never faced any difficulties as yet regarding provision of audit fees.

I AGREE WITH HIS OPINION AND IN MY CASE ALSO MY SIR PREFRES TO RAISE INVOICE NEXT YEAR i.e after the year of audit gets over AND TAKE THE CREDIT NEXT YEAR ONLY so as to AVOID revising the returns and all other problems.

Originally posted by : TusharSampatM.Com CA,CS-FINAL
	Originally posted by : CMA. CS. Sanjay Gupta Generally by 31st March we know who is going to do Audit. So auditor is consulted before making the provisions and deducting TDS thereon. Have never faced any difficulties as yet regarding provision of audit fees.   I AGREE WITH HIS OPINION AND IN MY CASE ALSO MY SIR PREFRES TO RAISE INVOICE NEXT YEAR i.e after the year of audit gets over AND TAKE THE CREDIT NEXT YEAR ONLY so as to AVOID revising the returns and all other problems.

But Generally Client Pays TDS in P.Y Only, TThen in 26AS of CA, TDS Credit Shown in PY Only Not in AY ...So How CA Can Take TDS Credit

Generally, What we do is we send a quotation to our client in the month of feb & march for provision specfying the TDS to be deducted & net amount to be paid for the Audit to our regular client & for other (if they came late) we tell them we will make a provision of less than 30000 (limit for deduction of TDS)  & in next year we raise the differential amount bill.

Originally posted by : CA AYUSH AGRAWAL
	Originally posted by : TusharSampatM.Com CA,CS-FINAL Originally posted by : CA AYUSH AGRAWAL  (Students are Not About to Participate in This) SANJAY SIR HIS INTENTION IS QUIET CLEAR THAT STUDENTS ARE NOT ALLOWED TO PARTICIPATE AS HE THINKS STUDENTS DONT HAVE PRACTICAL KNOWLEDGE. Dear Tushar, Pls Read Continuation part of That Line You Have Copied. Please Dont make Wrong Interpretation. You are Here to Solve Contradictary Part, Not For Craetion of Contradiction... Got it ....??

Have already given my views and its who u started the controversy by adding lines to ur querry that stduents are not allowed to participate....

Originally posted by : CA AYUSH AGRAWAL
	Originally posted by : TusharSampatM.Com CA,CS-FINAL   Originally posted by : CMA. CS. Sanjay Gupta Generally by 31st March we know who is going to do Audit. So auditor is consulted before making the provisions and deducting TDS thereon. Have never faced any difficulties as yet regarding provision of audit fees.   I AGREE WITH HIS OPINION AND IN MY CASE ALSO MY SIR PREFRES TO RAISE INVOICE NEXT YEAR i.e after the year of audit gets over AND TAKE THE CREDIT NEXT YEAR ONLY so as to AVOID revising the returns and all other problems. But Generally Client Pays TDS in P.Y Only, TThen in 26AS of CA, TDS Credit Shown in PY Only Not in AY ...So How CA Can Take TDS Credit

That is why clients must be advised to pay only after 1/4 of AY so all the problems wat u mentioned will not arise at all and credit can be taken next year itself.