Buy It Now. Add to cart. About this product Product Identifiers Record Label. Show more Show less. Any condition Any condition. No ratings or reviews yet. Doctor Pressure Dirty Radio Edit. Hot 'N' Juicy. Horny ' Your Body Original Radio Edit. Gram'ma Funk. Princess Superstar. Perfect Exceeder Radio Edit. Riverside Radio Edit. Crystal Waters. Destination Calabria Radio Edit.
Nancy Sinatra. Shot You Down Radio Edit. Fedde Le Grand. The auditor has to consider the provisions of Rule 11UA 1 c which provides for manner of determining fair market value of quoted shares and securities received by way of:. Whether during the previous year the assessee received any consideration for issue of shares which exceeds the fair market value of the shares as referred to in section 56 2 viib , if yes, please furnish the details of the same.
The auditor should obtain from the auditee, a list containing the details of shares issued , if any, by him to any person being a resident and verify the same from the books of accounts and other relevant documents. The auditor has to consider the provisions of Rule 11UA 1 c a which provides for manner of determining:.
The auditor has to consider the provisions of Rule 11UA 2 which provides for manner of determining the fair market value of unquoted equity shares. Details of any amount borrowed on hundi or any amount due thereon including interest on the amount borrowed repaid, otherwise than through an account payee cheque. In this clause the amount borrowed on hundi and details of repayment otherwise than by a account payee cheque are required to be indicated.
Tax auditor should obtain a complete list of borrowings and repayments of hundi loans otherwise than by account payee cheques and verify the same with the books of account. Section SS prescribes the mode of taking or accepting certain loans and deposits. As per this section, no person shall take or accept from any other person any loan or deposit otherwise than by an account payee cheque or account payee bank draft if On the date of taking or accepting such loan or deposit, any loan or deposits taken or accepted earlier by such person from the depositor is remain unpaid whether repayment has fallen due or not , the amount or the aggregate amount remaining unpaid is twenty thousand rupees or more.
This sub-clause requires five specific particulars in respect of each loan or deposit including the permanent account number of the lender, if available. The tax auditor should obtain the above details from the assessee in respect of each loan or deposit and verify the same from the records maintained by him. For the purposes of this clause, auditor may keep in mind the following typical situations:.
Sale proceeds collected by the selling agent will not be considered as loan or deposit. Advance received against agreement of sale of goods is not a loan or deposit. Even if the loans are taken free of interest the information will still have to be given. Section T is attracted where repayment of the loan or deposit is made to a person, where the aggregate amount of loans or deposits held by such person either in his own name or jointly with any other person on the date of such repayment together with interest, if any, payable on such deposit is Rs.
Loan or deposits discharged by means of transfer entries in the books of account constitute repayment of loan or deposits otherwise than by account payee cheques or account payee bank drafts. Hence, such entries have to be reported under this clause. The particulars i to iv at b and comment at c above need not be given in the case of a repayment of any loan or deposit taken or accepted from Government, Government company, banking company or a corporation established by a Central, State or Provincial Act.
In this clause particulars of brought forward loss or unabsorbed depreciation should be reported. Auditor should ascertain that the whether the provisions of set off and carry forward of losses is followed or not. In this clause change in shareholding should be reported in accordance with the section 79 of the act which is as follows:. Auditor should compare the composition of the shareholding as on the last day of the previous year and the last day of every previous year in which the loss was incurred, and also ascertain the compliance of the above section and report accordingly.
Section 73 It provides treatment of losses in speculation business:. Any loss computed in respect of speculation business carried on by the assessee shall not be set off except against profit and gains of other speculation business. If any part of the loss is not set off from the income of other speculation business, in that case the, remaining portion of loss shall be carry forward up to the four assessment year starting from the end of the relevant assessment year.
Auditor has to verify from the books of accounts and other relevant documents as to whether the assessee is carrying on any speculation business, if so in that case he has to furnish the details of speculation loss under the above section and check the compliance of the same.
In this clause, if the assessee is incurred any loss in respect of specified business under section 35AD, detail of such loss is to be provided. Laying and operating a cross-country natural gas or crude or petroleum oil pipeline network for distribution, including storage facilities being an integral part of such network.
Building and operating, anywhere in India, a new hospital with at least one hundred beds for patients;. Developing and building a housing project under a scheme for slum redevelopment or rehabilitation, framed by the Central Government or a State Government, as the case may be, and notified by the Board in this behalf in accordance with the guidelines as may be prescribed.
Developing and building a housing project under a scheme for affordable housing framed by the Central Government or a State Government, as the case may be, and notified by the Board in this behalf in accordance with the guidelines as may be prescribed; and. Auditor has to verify from the books of accounts and other relevant documents as to whether the assessee is carrying on any specified business as mentioned in Section 35AD, if so in that case he has to furnish the details of speculation loss under the above section and check the compliance of the same.
In case of a company, please state that whether the company is deemed to be carrying on a speculation business as referred in explanation to section 73, if yes, please furnish the details of speculation loss if any incurred during the previous year. Auditor has to furnish the details of speculation losses incurred by the assessee under speculation business. Amounts admissible as per the provision of the Income Tax Act, and fulfils the conditions, if any, specified under the relevant provisions of Income Tax Act, or Income Tax Rules, or any other guidelines, circular, etc, issued in this behalf.
Auditor should ascertain that whether the conditions of claiming deduction prescribed under any of the above section is fulfilled or not, for ascertaining this, auditor has to obtain all necessary evidences which enable him to express the opinion regarding the admissibility of deduction. Total amount of payment or receipt of the nature specified in column 3. Total amount on which tax was required to be deducted or collected out of 4. Total amount on which tax was deducted or collected at specified rate out of 5.
Total amount on which tax was deducted or collected at less than specified rate out of 7. Amount of tax deducted or collected not deposited to the credit of the Central Government out of 6 and 8. Whether the statement of tax deducted or collected contains information about all transactions which are required to be reported.
If yes, please furnish:. In this clause, details of tax deducted or collected as per the provisions of Chapter XVII-B or XVII-BB, statement of tax deducted or collected and the interest paid under section 1A and C 7 for payment of interest in case the tax has not been deducted wholly or partly or after deducting has not been paid to the Govt.
In clause 34 a auditor should verify as to whether the details of tax deducted or collected provided by the assessee is true, auditor may check these details from the return furnished by the client. In clause 34 b auditor should check whether assessee has furnished statement of tax deducted or collected within the prescribed time or not. In case where assessee is liable to pay interest under section 1A or C 7 , auditor should ascertain whether the calculation of interest is correct and same have been deposited, it can be checked through Part G of 26AS.
In the case of a domestic company, details of tax on distributed profits under section O in the following form In this clause, details of tax paid on distribution of Profits by the domestic company is to be reported. Auditor should check the whether the assessee has distributed any profit as dividend in the previous year and where any reduction have been claimed under section O 1A i andO 1A ii in that case, auditor should verify that whether the conditions of reduction as prescribed in the above section have been complied.
The tax auditor should ascertain from the management whether any cost audit was carried out and if such audit was carried out, obtain a copy of the audit report, and report the details of disagreement or disqualification, if any. The tax auditor should ascertain from the management whether any audit was conducted under the Central Excise Act, and if such audit was carried out, obtain a copy of the audit report, and report the details of disagreement or disqualification, if any.
Auditor should ascertain from the management whether any audit was conducted under section 72A of the Finance Act, and if such audit was carried out, obtain a copy of the report, and report details of disqualification or disagreement, if any. Details regarding turnover, gross profit, etc. The details required to be furnished for principal items of goods traded or manufactured or services rendered. Auditor should verify that the assessee have followed the Generally Accepted Accounting Principles while calculating above ratios.
Please furnish the details of demand raised or refund issued during the previous year under any tax laws other than Income Tax Act, and Wealth tax Act, alongwith details of relevant proceedings.
In this clause, demand raised under any tax law other than Income Tax Act, should be reported. The cheesy original art remains intact—not exactly a feat of big-budget manufacturing—and the track listings are exactly as you'll remember them. That means, of course, that all 16 CDs feature exactly 10 songs apiece K-Tel's generosity hasn't improved with age , and that compilations still feature comically incongruous mixes: On High Energy, Vol.
High Energy Vol. Finally, Starflight Vol.There’s no question that CDs sound much better than MP3s. But the real downside of the CD is its lack of portability. And having to search through an extensive CD collection to find the song you want to listen to can be frustrating. High-Resolution Audio offers both quality and convenience.