Category: CA Inter/IPCC

Question 1 An auditor of Sagar Ltd. was not able to get the confirmation about the existence and value of certain machineries. However, the management gave him a certificate to prove the…

Question 1 An auditor of Sagar Ltd. was not able to get the confirmation about the existence and value of certain machineries. However, the management gave him a certificate to prove the…

Question 1 During the course of audit of Star Limited the auditor received some of the confirmation of the balances of trade payables outstanding in the balance sheet through external confirmation by…

Question 1 During the course of his audit, the auditor noticed material weaknesses in the internal control system and he wishes to communicate the same to the management. You are required to…

Question 1 OP & Associates are the statutory auditors of BB Ltd. BB Ltd is a listed company and started its operations 5 years back. The field work during the audit of…

1. Green Ltd. was dealing in export of rubber to specified foreign countries. The company was willing to purchase rubber trees in A.P. State. The company is contemplating to raise funds through…

1. Mr. X has set up a manufacturing unit in Chittor, Andhra Pradesh on 1st April 2020. During the previous year 2020-21 and 2021-22, Mr. X has purchased following assets: Date of…

1.  Mr. Shashikant, aged 45 years, is an Indian citizen and a member of the crew of a Singapore bound Indian ship engaged in carriage of passengers in international traffic departing from…

1 Mr. Shashikant, aged 45 years, is an Indian citizen and a member of the crew of a Singapore bound Indian ship engaged in carriage of passengers in international traffic departing from…

1. X & Co., a supplier registered under GST in Meghalaya, wants to opt for composition levy. The aggregate turnover limit for composition levy is- (a) 50 lakh (b) 75 lakh (c)…

1. Mr. Pasupathi, registered taxpayer under GST, is engaged in trading of various types of consumer goods. His turnover in se preceding financial year was below the threshold limit liable for registration….

1. The tax liability of Mr. Saral, a resident, who attained the age of 60 years on 01.04.2022 and does not opt for the provisions of section 115BAC for the P.Y. 2021-22,…