As per cbdt circular no. 743 dated 6 May 1996, there will be no tax for legal heir in the said case. Can legal heir withdraw the amount before filing the return of the deceased ?

Dear CA Club Expert,
My First Question is I want to know from you how can we know on which industry AS, IND-AS, IFRS, GAAP, CARO will be applicable. I searched many times on Google but I am not getting the correct information. Please tell me on which industry AS, IND-AS, IFRS, GAAP, CARO is applicable? And if yes, then what is the threshold limit or turnover limit for it. Please tell me with complete example so that we can also be aware.

My second question is on which company cost audit and internal audit and front end audit is applicable and if they are applicable, is there any threshold limit and turnover limit. How can we find out what is the limit of all these compliances? Sir, please explain both these questions with examples and if you have any PDF then please share it.

Regards

audit u/s 44AB required for Nursing HOME

I have just inherited my father’s house after his death. Now I am rebuilding it and builder will take one floor. Builder will also pay my rent for wherever I stay during reconstruction of house. In addition builder will pay about 30 lacs.
How will I account for all this in my next year IT return.

I have two types of raw materials
i) I have received gst bill with my gstin
ii) supplier did not give gst bill with my gstin

Do I have to furnish details of both these categories above while filing gstr 3b regardless of making sales.

I do understand my ITC claim can be made only after there is sales.

Please help understand this.

Hello

I am a CMA USA. And almost done with CPA USA. WHat is the next course I should take? MBA is out. Should I do CFA or FRM or actuary?

Regards

I have completed about 3 months of articleship as a CA intermediate under the old scheme.
Now, I wish to transfer my articleship requirement into the new scheme of education.
Do I have to submit an affidavit?
Can someone outline the procedure?

Thanks

Query resolved and deleted.?

Sir, for individuals who are partners in the Partnership Firm( tax audit firm), can we go under Section 115BAC ? kindly advise.

Dear Sir, The above subject notice was issued on 08/04/2022 by the jurisdictional officer, hence, I hope I can get it set aside in the Writ Court. Members opinion please