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ketavarapu  

 Profile Answers by ketavarapu Questions by ketavarapu

• Member Since Jun-2007 | Feb 3rd, 2009

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Under Sec 94-I we can deduct TDS

Praveen

• Sep 12th, 2014

Vouching is the process of checking the vouchers with which we have entered the transactions in books of accounts

sudheer patibandla

• Aug 19th, 2012

Under 94 - I @ 2%

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My company is given machinery on rent basis to other company . Then it is matter of vat or service tax ?

roger

• Dec 29th, 2014

Do I have to pay from rental income in commercial area I get 1Lacs above

i.ram harsha

• Oct 15th, 2011

you have to pay income tax. if the renting of machinery is ur business then it is chargeable under PGBP(sec.28) of Indian income tax,1961. And it is in nature of service ...and renting of movable g...

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pawan

• Aug 11th, 2012

To ascertain or present the true and fair view of financial statement with regulatory legal compliance

mohamdabdelwhab

 Profile Answers by mohamdabdelwhab Questions by mohamdabdelwhab

• Feb 17th, 2010

It is requested by Audit commitee or the Companys; shareholders. The main objective of modern Audit is to help the MGMT to acheive its various objectives by bringing a systimatic approaches and evaluating the risks.

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Moiz Mokhtar

• Dec 17th, 2011

Vouching is the process of checking for the existence an example for this is checking from the final record to the supporting document.

RUTUL

• Dec 13th, 2011

"In accounting language all P&L items vouched."
vouching means to check whether recorded transaction have any voucher or not.
voucher means supportive evidence with the transaction.

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Satish Kannan.M

• Sep 29th, 2016

Adequacy Audit - Documentation Review
Compliance Audit - Implementation / Process Adherence Review
Internal Audit - Conducted by the organisation of its own.
External Audit - Conducted by external agency (Customer / Consultant / Certification Body / Govt Regulatory Body)

akjohn

• Jul 21st, 2015

Internal and External Audit

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Satish Kannan.M

• Sep 29th, 2016

Systematic, independent and documented process for evaluating the system /process / product

Manish Agarwal

• Jul 1st, 2016

Internal audit is an independent appraisal activity to evaluate internal control of an entity and improve the overall governance (management) of an entity.
Its objective to determine Whether internal control are properly designed and implemented.

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