Whether revenue stamp is required to be affixed on salary register or payment voucher when it is paid through the cheque?
does it makes any sense if the cheque is not a account payee cheque?

Pls. Suggest me about tax Audit and planning for doing tax audit

If any person has sales more than 40.00 lacs of shares and net profit from share trading below 40.00. Is a person needed tax audit. What is a defination of turnover if he calculate profit as business or capital gain.

Dear Experts,

Pls.guide me on what base provision for forward contract to do?

What is the difference bet'n the hedgeing & speculation in forward contract?

If any body have any material related to forward contract with latest updation pls.forward to my email id if possible.

prakashjasani_56@rediffmail.com

Pls.reply asap.

Regards,
Prakash Jasani

1.in order to save DD commission, if a person deposits the amounts of Rs 21000/- in a banking a/c CBS, against the payments towards purchases, whether it amounts to disallowance.
CAN ONE TAKE SHELTER U/S RULE 6DD' PAYMENT THROUGH BANKING SYSTEM -RULE 6DD(c)

A company's total FBT Payable after surcharge & Cess is say rs 10,00,000.

The payments made in each quarter are:
15-06-2007 135,000
15-09-2007 395,000
15-12-2007 300,000
15-03-2008 200,000

As per the above example, the payment made in the first quarter is less than 150,000..... But in the following quarters excess payment has been made....... What will be the treatment of interest in the first quarter.....??? What entry needs to be passed in the books??????

Can the Statutory Auditor of the Company question the correctness of the "Discount Rate" taken by the Actuary for the valuation of Gratuity/Leave Encashment Liability as at end of March'08? For eg: Actuary has taken 7% as the discount rate where as Auditor feels it should be 10%

can i know the procidure, method,and the practical approach to be addopt while doing audit.and under which area i should go into depth.are firm mostly deal in pvt co.(stat audit) and internal audit.i would like to know the pocedure from starting till finalisation.

Is there any amendment to section 224(1B) "Ceiling on the Number of Audts" of the Companies Act 1956 if no then what are the current provisions contained in it?

WHAT POINTS TO BE TAKEN FOR AUDIT OF COMPANY REGISTERED U/S 25 AS A MICRO FINANCE COMPANY NON PROFIT COMPANY PLEASE GIVE IN DETAILED PROCEDURE FOR AUDIT

THANKS