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TDS with GST journal entry involves recording TDS deducted on payments along with GST transactions.
Record TDS deducted on payments as a liability account
Record GST transactions separately as per GST rules
Ensure proper documentation and compliance with tax regulations
Example: TDS deducted on rent payment - Debit Rent Expense, Credit TDS Payable
Example: GST on sales - Debit Accounts Receivable, Credit Sales Revenue, Cred
Form 3CA and 3CB are audit reports required to be submitted by a taxpayer under section 44AB of the Income Tax Act.
Form 3CA is applicable when the taxpayer is required to get their accounts audited under any other law.
Form 3CB is applicable when the taxpayer is not required to get their accounts audited under any other law.
Both forms require the auditor to provide details of the audit findings and financial statements ...
I have 2 years of experience conducting bank audits for a mid-sized financial institution.
Performed risk assessment procedures to identify potential areas of concern
Evaluated internal controls to ensure compliance with regulatory requirements
Tested financial transactions for accuracy and completeness
Prepared audit reports detailing findings and recommendations
Collaborated with bank management to address audit issues
I applied via Recruitment Consulltant and was interviewed before Aug 2022. There were 3 interview rounds.
Case study knowledge related questions
I applied via Campus Placement
It was a MCQ test on CS Fundamentals. We have to answer 50 questions in 40 minutes. Accuracy is must. Company have its own cutoff and it's usually high. So try to gain maximum marks as possible. The results were announced in 1.5 hrs. The selected candidates will be appearing for the coding challenge.
There are 5 questions. 1 easy , 3 medium, 1 hard. You should solve atleast 4 questions to get shortlisted for the interview. Results are announced in 2-3 hours. Take a look at these questions. One of the questions from the coding challenge will be asked in the interview.
posted on 19 Oct 2024
I applied via Approached by Company and was interviewed in Sep 2024. There was 1 interview round.
posted on 20 Dec 2024
I applied via Approached by Company and was interviewed in Nov 2024. There were 2 interview rounds.
posted on 23 Oct 2024
I applied via Naukri.com and was interviewed in Sep 2024. There were 5 interview rounds.
Easy Level DS Questions - 30 mins
A comprehensive coding test which included job role simulation.
Advanced Cloud Services questions
posted on 19 May 2024
I applied via Company Website and was interviewed in Apr 2024. There were 2 interview rounds.
posted on 29 Sep 2024
posted on 18 Jun 2024
based on 2 reviews
Rating in categories
Audit Assistant
3
salaries
| ₹2.8 L/yr - ₹4.5 L/yr |
Aneja Associates
C-quel Management Services
VISION
Crescendo Global