Audit queries [55]

Hi,
Would like to know the Statutory and ethical obligation of an auditor being appointed other than the retiring auditor of a public as well as aprivate company

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CA BIREN SHAH

11 February 2009 at 17:29

1. i have two propritorship farm.one of them is cloth and another is of chemical business.
now turnover of cloth business is 35 lacs and turnover of chemical business is 10 lacs.
whether i am liable for tax audit u/s 44AB?

2. if turnover of the profession is 8 lacs and turnover of business is 35 lacs.
then i am liable for tax audit u/s 44AB?

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sanjeev

23 January 2009 at 12:52

aas or new version sa

hello friends & seniors
please clear this doubt
whether aas are applicable or new standards on auditing are applicable for may 2009..
many thanks in advance

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seema singla

09 January 2009 at 11:36

44AB of income tax act

What is the criteria of tax audit in case of a commission agent whose major receipts are by way of commission and turnover used to be in thousands only. It will be covered under sec. 44AB or sec. 44AF. Also, in the last column of tax audit report, how the ratio as to net profit/turnover to be calculated.
Plz ans.
Thanx

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Md. Safi Baig

07 January 2009 at 16:41

miscellaneous expenses

what are miscellaneous expenses? is there a certain percentage of turnover allowed as miscellaneous expenses which a company can incur?

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sudhir

05 January 2009 at 19:34

Bank Audit

our is Proprietory firm established in 2005 and I got last year bank Audit but this year in the list it is shown as ineligible why? kindly reply.

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AKASH

03 January 2009 at 12:59

PRECAUTIONS TAKEN IN VAT Audit

can any one tell me the precautions that one should take as an auditor while filling new audit report form 704.
again
the care which should be taken while doing VAT Audit.

WAITING FOR YOUR REPLY.........

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