WHAT IS A NPA (NON PERFORMING ASSET) Non Performing Asset means an asset or account of borrower, which has been classified by a bank or fin
PROCEDURES FOR FLOATING A PRIVATE LIMITED COMPANYSTAGE 1 Apply for Digital Signature for one Director Provide address proof Provide identity proof Pay the necessary Fee for digital signature Apply for DIN Go to www.mca.gov.in
Dear friends,Mutual fund industry is the one of the best choices of modern day investors.Normally three plans are offered to youEquity linked - High risk and high returnBalancer - Moderate risk and ReturnDebt linked - Less risk and returnWhile explai
ERP IMPLEMENTATION – FACTS AND COSTS Enterprise Resource Planning (ERP) is a business management system which integrates multifarious functions of an organization. The success or otherwise of an ERP largely depends on selection of a suitable
JOB COSTINGIntroduction Methods in which cost is calculated will depend on the type of industry and nature of goods manufactured. Method applied for calculation of cost of Tyre manufacturing will be different from Interior decoration bus
Good morning dear CPT aspirant.Common profciency Test - The single window system which enables you to dive in to the ocean of CA. The first step which you take makes a big difference in the sailing process.Atmost everyday you would have received a l
The question before us is"if tax is deposited on or before due date through cheque but en cashed after the due date ,whether it can/will be treated as "default in payment?" First of all I take clear provisions regarding the above quest
The MAT credit is available in respect of MAT paid under Section 115JB of the Income-tax Act with effect from assessment year 2006-07.The amount of MAT credit would be equal to the excess of MAT over normal income-tax for the assessment year for whic
Documents required to be kept in Audit file for Peer Review purpose1. Cash Retention Limit duly certified by the Branch Manager;2. A certificate from the Branch Manager stating that the excess cash holding is being reported to the controlling authori
The path to becoming a Chartered Accountant is not easy. The road is very difficult and involves a lot of hard work. I remember the time when I was aspiring to be a Chartered Accountant. Looking at the volume of studies, I often wondered whether I wo