Urgent audit query

I think taxes if the credit is obtained should be deducted from Purchases, rest all is ok, as ultimately all the Purchases related expenses forms part of Gross Profit and hence it is ok.

agree with vijay...

the main point is to show the expense..

and purchase related expenses are the direct expense

so these have the same effect either shown seprately in TRADING A/C or add with the purchase amount.

Nothing wrong at all
 

current rate of vat in uttar pardesh , monthly challan number and last date of deposite challan and return form with last date of deposite of return

in order to show a true & fair view of financial statements it is advisable to show the direct expenses related to puchase seperately in the trading account, however the treatment given by your client is also not wrong   

Can any one tell me What an article is suppose to do on an audit?

Please guide me thoroughly!!!!!!!! Thanx