Construction company Ki stat audit mai ledger scrutiny Kaise Krte h ??

1.Lots of Payements are made in cash in construction sector.Check Cash A/c for Expenses greater than 20000 

2.Ensure Labor and Salary Ledgers/Salary sheet  to ensure tds deducted 

• as per Section 192 on Employees on Payrol
• as per Section 194C/194J on Employees on Contract

(Similarly check for payments to labor contractor)

3. Ensure Vat and Service tax liability has been deposited on time in case of Work Contract Service

4. TDS on Sale of Immovable Property may be applicable and Buyers may have deducted TDS Receivable

Check it and match with Form 26AS

5. Check Status of completion of different projects (Revenue should be booked on projects completed)

6.Apart from these,following points are also relevant

http://www.teachoo.com/837/257/Balance-Sheet-Finalization-Checklist/Things-To-Be-Checked/author/teachoo