whether institute / mca authority keep record of number of statutory audit done by a practising chartered accountant ? please give full detail answer
Answer nowA CIRCUS OWNER OWNS ELEPHANT. WILL IT BE TREATED AS FIXED ASSET ? IS IT DEPRECIABLE ASSET ?
WHAT WOULD BE ACCOUNTING ENTRY ON DEATH OF ELEPHANT.?
ANSWER ALL QUESTIONS SEPARATELY PLEASE.
I have few queries.
1) Proprietor expired in the middle of a F.Y. The business of the proprietor was inherited by his son. Father was not maintaining any records relating to stocks of the business.The closing stock at the end of the year was to be on the basis of proprietor and it is not practicable to physically count the stock on the day of his expiry. how to calculate the value of stock on the day of his fathers expiry?
2) If in the above situation father had 4 son's, 3 of them do not want any share of the business and wanted to give their share to the 4th son, what can be done in that situation? can they make a MOU to extinguish their rights in the business?
3) How the return is to be filed of the father as well as the son who inherited the business?
WHETHER A PRACTISING C.A. IS REQUIRED TO MAINTAIN A REGISTER OF STATUTORY AUDIT DONE BY HIM DURING THE YEAR AND TO FORWARD RECORD OF NUMBER OF STATUTORY AUDIT DONE BY HIM DURING THE YEAR TO ICAI INSTITUTE OR ANY OTHER AUTHORITY
Answer nowin case of banking companies if the amount of principal or / and interest remains undue for more than 90 days it becomes npa and after that it is categorised into sub standard asset and now provision of 10% is to be created for a period of not more than 12 months. my question is whether 90 days to included in 12 months or not?
Answer nowhey can any one tell me,
Amalgmation will ask in exam ?
Bcoz lots of problem are in this subject.
Can Capital subsidy received from government, investment allowance reserve, and tuf shown under general reserve in the revised schedule vi?
Answer nowsir what exactly is the difference between unpaid and payable?
Answer nowIn Case X ltd holds 100 % shares of Y ltd and yltd distributes interim dividend . Is this is taxable in hands of X Ltd?
Answer nowSir,
Our company is a small listed company listed at BSE. Now we have to modify the objects of the company.
1. Is it sufficient to put in AGM Approval
or
2. We have to conduct Postal ballot is compulsorily?
Pl. advise the procedure.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
Register of statutory audit to be maintained by icai member