Real estate

This query is : Resolved

CMA Arif Farooqui (Querist)
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22 August 2011 recently i appointed as Internal Auditor of a Real Estate Company. they started building flat in 2010 and booking is going on but till now they are not intrested in charging and paying service tax. they simply say, matter is still in court.
i advice many times. what u say?

second question is..... what are audit programe in case of these type of company?

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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22 August 2011 Give a note on this in the notes to the accounts.

Audit programme is very long and it is difficult to give here.

CMA Arif Farooqui

CMA Arif Farooqui (Querist)
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22 August 2011 thanks. my e-mail id is
arif_cwa@yahoo.co.in
so, it would be helpful for me, if you send me note on audit programme in real estate company.
what is your opinion in matter, service tax is not charged by company?

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