Tax questions on Audit

Audit required for Share Trading

Dear Sir/Madam, In FY 2020-21 I was doing business for CR /HR Sheet trading but due to covid 19 I have shut down my Trading Business and Turnover around 56 Lakh than I have sold two residential property of 40 Lakh and 35 Lakh with Capital Loss than started Share Trading and during Sept 20 to March 21 . I have done share trading on delivery and intraday basis and total turnover for FY 2020...

GONNA start an business so, i need an answer these for million dollar question

hello, i wanted to start an Dropshipping business under a company registered in India where i will Dropship only to tier 1 countries from other country. Here the goods wont come to or go from India. Pay is accepted from the customer will be via Paypal business account in my website with that amount i will take my profit and place order to the supplier in a website ( light in the box ) where ...

Help with Auditing, Applying for 80G,12A & FCRA for a Trust.

Hello, We have a trust that was established in 2014 and 2017; we amended by making it a full NGO. Under the trust, we are running a School for the last 35 years. We are trying to get 80G, 12A & FCRA made for our Trust. Now before applying for the above, we need to get three years audit report filed to IT. As our school is aided school, half of the teacher's salary is from the governm...

Queries related nri status

Hi, From Last Financial Year (2016-17) I became a NRI. When I was a resident Indian I have opened multiple savings account in my name and in my spouse name. In both our accounts our names are included as the second holder and we operate as E or S. Now my query here is can I continue with my Domestic Savings A/c with my spouse (She is a Resident Indian) as a second holder. I do get Rental ...

evidence of a chartered Accountant in court of law

Sir, June 1 2016 I Want to know your opinion in the light of the following facts in a case as under :- M/s ABC ltd requested M/s XYZ a Firm of Chartered Accountant practicing in Delhi to conduct audit of their some of the Branches in Rajasthan.The request of M/s ABC ltd was accepted by M/s XYZ (CA) and confirmed in writing to them. M/s XYZ deputed three persons to proceed for the purpose.The ...

I have been audited and need advice about what I should do

From United States Liberty, MO Ok so, last year I was in some debt because of back rent and my fiancé and I had a loan and we also owed a lot to our electric. My finances mother, her boyfriend. He has two girls, and we all agreed, that it would be a good idea for me to claim them since they did stay with my finances and I, on and off, when we were taking care of them. So I claimed the ch...