Anyone please can explain the meaning of gross turnover/gross receipt for the purpose of Sec 44AB of Income tax Act, Tax Audit.
How may patrners require to sign the Balancesheet and Profit and Loss account.
Dear sir,
As per AS-2,freight charges paid on purchase of fabric should include in the cost of purchases(i.e) whatever may incurred to bring the goods to the godown should included in the cost of purchases.
but in my client place,freight charges are grouped under direct expenses..clearship and forwarding under purchase a/c(tally software)..
whether will it reveal the correct value of inventory in balance sheet? becoz direct expenses is not affecting the inventory valuation..
my opinion is,they should group freight charges under purchase a/c..is it right?
Thanks in Adv,
A.Rekha
whether customs duty paid on purchase of fabric will be included in cost of purchases?
thanks in adv,
A.Rekha
whether salary more then Rs. 20000 can be paid in cash....???
sir,
pls may i know that Can a Internal Auditor act as a Cost Auditor in the same financial year in a company?
sir
i done BBM Iwant to join CA Course, when is the last date for joining the course and please send me details of fee structure and other study materials--ETE TO mY MAIL nagrja2008@yahoo.com
hello friends,
when ever i make a payment exceeding Rs. 5000/-is revenue stamp is manadatory or not. please clarify at the earliest.
with regards,
R. Gurucharan.
Can anyone send me check list of internal audit of insurance co. or other same.
my id bhutani.pawan07@gmail.com
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