Govt company has received a grant of Rs.90 Crores which is shown as OTHER INCOME in books. Sales/Turnover is NIL for the company.

Is tax audit applicable?

I am using winman sofware. It does not shows error for tax audit applicablity if other income is more than 10 Crores.

Hi
Person having business of rent a cab operator and hold vehicle in name of firm which is proprietory .What will be depreciation rate for vehicle used for commercial purposes?

What format of audit report would be applicable to overseas entity to whom Companies Act 2013 would not apply?

Can Any guide about how to comply with reporting requirement u/s Cl. 32 (a) Details of Brought loss or depreciation allowance in the following manner to the extant available ?? for example if I have loss during FY 2021-2022 of Rs 10 lakhs , how to report in above clause ??

One PVT ltd doing event management business and PVT LTD turnover is 1 crore and eighty lac and all transaction happened through bank account channel. and company profit is approximately 4.5 percentage. In this case tax audit mandatory OR Not?

I am doing practice in sole proprietorship from last 8 years,I am doing branch audit of a public sector Bank from last 2 Years,after new norms issued by RBI,what should I do for eligibility

Last year have outstanding Loan of Rs.15,00,000/- In one time settlement my 4,00,000/- loan was waived off I have taken 11,00,000/- loan from another bank and cleared the Loan. How to show 4,00,000/- loan waived off should be treated as profit or added to my capital account. Please clarify. Thanks in advance

X company is a small company; however, it holds more than 20% shares of Y company which is not a Small Company, whehther the company X is required to prepare cash flow statement and CARO is applicble on company X.

is it necesarry to qualify non compliance even in non corporate assessee or tax audit reportalso .if yes then how quantification will be done because qualification without quantification has no value

Is it required to fill a form SCHEDULE IX-D, If the Trust doesn't have Registration No. u/s 12AA of Income Tax Act (43 of 1961)..??

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