Respected Experts
In 15.01.2008, there is a fire in godown of a PSU company.company booked rs. 1 crore as a claim amount and entry has been passed in january. in april month insurance company grant claim rs.80 lakh. what are the accounting treatment in the balance sheet as on 31.03.2008. balance sheet date is 05th may 2008.in which amount we shown in balance sheet.
Will the provision of revenue stamp attract on advance payments?
I wish to know whether there is any software for audit control & reporting
CA Ram GAvade
Dear All,
Can anybody provide me the format of Internal audit checklist for a manufacturing unit.
this audit will cover all areas of factory and we wish to locate ways to get efficiency in financial matters.
I require some format for the quessionaire to be covered.
Please mail me on my id mandeep_singh@colpal.com
or
mandeepjal@yahoo.co.in
Seeking your support,
CA Mandeep Singh
Dear All,
Can anybody provide me the format of Internal audit checklist for a manufacturing unit.
this audit will cover all areas of factory and we wish to locate ways to get efficiency in financial matters.
I require some format for the quessionaire to be covered.
Please mail me on my id mandeep_singh@colpaql.com
or
mandeepjal@yahoo.co.in
Seeking your support,
CA Mandeep Singh
Is there any Guidance note on Audit of Muncipals/Gram Panchayats?
Is there any guidance note in arriving Opening balances of Muncipals while converting Cash System of Accounting to Mercentile System?
1. A parson is engaged into frequent trading (buying and selling- not as invesment) of share with turnover exceeding Rs.40 lakh in a year, should he get his accounts audited u/s 44AB?
2. Pl also suggest what would be the liability u/s. 44AB in a seperate case - if a persons Gross Turnover has exceeded Rs.40 lakh in a year IN INTRA-DAY TRADES, but the net receipt (total of difference of each intra-day Sale & purhcase) is 5-6 lakh.
3. Should the above be clubbed with the normal business turnover.
Sir,
If a client is engaged into intra day shares trading; wherein turnover easily exceeds Rs. 40 Lacs. Should he get his accounts audited u/s 44AB.
If the turnover in intra day is slightly lesser than Rs. 40 Lacs but his regular business turnover; if included into it; total turnover crosses Rs. 40 Lacs; should he get his accounts audited.
Thanks in advance.
can u please give me some tips how to do the tax audit what is to be consider while doing it?
what we have to check carefully while doing?
give me point wise description
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
event occur after balance sheet date