A Business has the following details:
Net Purchase of Rs/-6000000(Sixty Lakhs)
And
Net Sale of Rs/-3800000(Thiry Eight Lakhs)
Whether he is liable for Tax Audit.
Hi Friends,
I am umashankar from delhi, I am pursuing in PCC and my attempt is MAY 2009 Please suggest me a good book for Audit by which i clear Audit easily
My Id is umashankarvashistha@gmail.com
dear sir
in case of presentation of financial accounts is the disclosure of previous years figures compulsory. if so under which standards .
2) are even the figures of the previous year are required in the balance sheet also
3) in case of a proprietor having investments in mutual fundds or shares ,,is it correct to show them in the books of business as they are not business assets.
Dear all,
i am doing audit of an mfi registered as a society. What is the implication if i include grant from promotors to increase the networth of the society. and what is the treatment if there is an amount collected from members for some purpose. what is the maximum limit of interest to be paid on unsecured loans? please this is urgent
sirs
as per para65 of AS-15 describes the method for Actuarial Valuation
as an auditor is it necessary to check the the actuarial techniqus used by the enterprise if it is a approved Actuarary
what are the audit evidences we should collect for this purpoe
In a Company Physical Verification Fixed aseets has been done not in financial year but in the subsequent year.What is the consequences of such in Statutory Audit in the financial year?
i want to know about this section 145a,how it is to b made in tax audit?
An NGO registered under sec 12A of IT Act, is it liable for Tax Audit u/s 44AB or simple Audit?
Whether Receipt & Payment Accounts is to be prepared for the audit of Mandir Trust running on no grant basis.
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APPLICABLITY OF TAX AUDIT