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Do you think Auditing job is very boring ?
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Answer / gayathri
no it is not a job. it is implementation of knoeledge so
its very interesting and as well as energitic work. so its
not boring
| Is This Answer Correct ? | 14 Yes | 3 No |
Answer / ca shreyank
YES BORING IF SAMPLING PROCESS IS NOT ADOPTED.BECAUSE IF YOU
CHECK THOUSAND SAME TRANSACTION & CHECKING 100 TRANSACTION
MAKE NO DIFFERENCE IF YOU ARE SURE ABOUT INTERNAL CONTROL
| Is This Answer Correct ? | 5 Yes | 0 No |
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During the year a firm has received TDS of Rs.30 lakhs and out of this an amount of Rs.9 lakhs was adjusted against the taxes. However, in the balance sheet under the head assets,the firm shown Rs.30 lakhs towards TDS. Is it correct. In my openion, in the balance sheet, the assessee has to show only Rs.21 lakhs as asset in the balance sheet, after reducing the tax adjustemnt of Rs.9 lakhs. Pl. Clarify.
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