Please let me know what is the TDS rate on the above product which is either embeded or displayed with the support of a stand kept for the purpose in a commercial complex / mall. Pl do eloborate with the concerned sections if possible.

Pls suggest whether a private company which is subsidiary of public company should be considered for calculation of ceiling limit under section 224(1B).

If no why ?

and if yes why ?

what will be the consequences if a company do not comply with the requirment of transfer of unpaid bonus to unclaimed Bonus Acount and than transfer to Govt's General Fund Account

Hi,

Can u throw some light on the Audit for Exports division of a manufacturing company.

Like what areas can be seen..??

Also can u list the statutes tat are applicable to the company.

Regards
Chandan

Recently, I have attended one interview in a Leading Software Company. A qualified (CA) finance controller interviewed me. He asked the following question:

"We are a software company bought one computer server for forthcoming new project and bought special costly software for the same. Till the end of accounting year the project is not yet started and both the server and software are keeping idle. During the year end is it applicable for Depreciation?".

I replied that the asset has been purchased with the intention that expected to be used for the purpose of business hence liable to depreciation either used or not in the business.

He has taken Accounting Standard -6 "Depreciation" definition and it shows:
"Depreciation is a measure of the wearing out, consumption or other loss of value of a depreciable asset ARISING FROM USE, effluxion of time or obsolescence through technology and market changes."

plz note that it shows "arising from use", hence we had argument in this topic and I’m waiting for interview result.

Experts’ help required.
(plz mention the website where you have observed the point)

I want a checklist on matters that should be checked or viewed in a statutory audit of service industry.

Can anyone give me detail about the QIS of Bank Loan. Is there is any Specific Format of this.

whether a part time C A eligible to apply for bank audit ?

Dear Sir/Madam,
First of all "Happy New Year" to all.
I have required Audit Programme for Statutoy Audit if somebody have please mail to me at sachingarg82@gmail.com.

Please reply soon.
Thank You.

sachin Garg

Can anybody provide me a checklist for CARO 2003?