Tds
This query is : Resolved
27 March 2020
Hi
Iam doing audit of a restaurant.how to do it
Iam doing audit of a restaurant.how to do it
28 March 2020
You may start with sales and GST liability then
You can pickup purchases ,ITC
salary ,PF ,Tds on salary
Rent -Tds on rent etc
Just go through Profit and loss and balance sheet ...
Compare the current year figures with previous year,,You can make few observations from this
28 March 2020
The following process might help:
1. Start with the audit programme. Take complete details of the business & the departments to understand their style of business and their sale & purchases.
2. Check all the sales & purchases & direct expenses. You can go for test checking.
3. Make a chart simultaneously to check the slae & purchases reported in GST Returns.
4. Check all the other expenses and check thir proper classification & check whether pre post properly made or not.
5. Ask for all the license fees paid during the period.
6. Compare the details of GST of books of Accounts with GST returns filed by the assessee
1. Start with the audit programme. Take complete details of the business & the departments to understand their style of business and their sale & purchases.
2. Check all the sales & purchases & direct expenses. You can go for test checking.
3. Make a chart simultaneously to check the slae & purchases reported in GST Returns.
4. Check all the other expenses and check thir proper classification & check whether pre post properly made or not.
5. Ask for all the license fees paid during the period.
6. Compare the details of GST of books of Accounts with GST returns filed by the assessee
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Valuation of diamonds as on 01.04.2001
- What is meaning of merging of expenses or income in accounts
- Accounting treatment of write off sundry debtors
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
