Answer / vamshi krishna gunde

Tax audit is an examination/review of accounts of the business /profession from income tax view point such as income, deductions, compliance with income tax law etc.

Objectives of tax audit
1)Ensure proper maintenance and correctness of books of accounts
2)Reporting of observations/discrepancies
3)Reporting prescribed information such as tax depreciation, compliance of various provisions of income tax law etc.

what is the time of pf return, and how can calcualte the pf inertest.

1 Answers  

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what do you expect to be doing on a day to day basis as a audit trainee?

0 Answers   Ernst Young,

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What are the importance of internal audit to the organization?

0 Answers  

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HOUW MANYTYPES OF STOCK MAINTEIN BY STORE KEEPER WE ARE A MANUFACTURING CO WE SEND SOME PARTS TO PARTY FOR JOB WORKS ( EXP ) TILL 31ST MARCH STOCK ARE NOT RETURN TO US. CAN I CALCULATE THIS PARTS FOR STOCK CALCULATION FOR STOCK CERTIFICATE FOR THE PURPOSE OF ANUAL VAT RETUEN FILE IN SALES TAX DEPARTMENT

2 Answers   Real Estate,

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What is audit trail in siebel?

0 Answers   Infosys,

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Whether the term loan which was long term as on Mar-11, but now it is short term due to its repayment within one year from the reporting period. Whether it should be classified as short term borrowings or other current liabilities as per Revised schedule VI.

2 Answers  

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Define vouching?

0 Answers  

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Why do you want to join audit?

0 Answers   Ernst Young,

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what is inventory and how can manage the inventory. what is ledger and what difference in inventory and ledger.

4 Answers   HCL, TATA,

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Who can carry out a charity audit?

2 Answers  

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which type audit for your company account

0 Answers   Helios Pharmaceuticals,

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How do you manage risk ?

1 Answers   Ernst Young,

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