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Associate accounting

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2014 Dear Members,
We have a unlisted public company and also have some partnership firms and other companies having same directors as parter or director.
Now my question is that we have to prepare accounts including all associates books or else?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
20 July 2014 each entity will have its separate books of accounts. however, all proprietorships shall be clubbed under individual's pan.
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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2014 As per new companies act some amendment done for associate accounting. What about that and it is applicable from which date
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