Please clarify, how is the Turnover calcualted in Share Trading - F&O and Options. Also clarify open position held at the financial year end, is disclosed in the B/s.
in one of our clint sell the
Can any adjustment be made in the ledger Accounts against CST paid on purchase & recived on Purchase.
According to Section 226(3)(e) a person who holds any security of the company cannot be appointed as the auditor where security has been defined as an instrument carrying voting rights. Now my question is
Whether a person holding preference share/s in a company can be appointed as the statutory auditor of the Company?
In my view a person holding preference share/s shall not be appointed as the statutory auditor since preference shares also carries voting rights in the matters affecting them. Moreover, if preference dividend is in arrears for a continuous period of two years in respect of cumulative preference shares, the holder will get a right to vote in the meetings in respect of all matters.
i need the details of documents that can be demanded from the previous auditor in case of change of auditor
a co who has subsidary and operation in foreign . when is employees goes to abroad nad the co gave them foreign currency and after returning the employee settles his account and return the foreign currency to the co. than in that case books main entry treatment kya hoga and can co . froeign currency apane pass rakh sakati hai . if yes to kab tak is there any provision in fema let me plz tell with reference
akhil rastogi
Ca final
Dear Sir,
Can we show the current account in the Balance Sheet under header capital and reserves.
or it is better to show the net amount after deducting from the retained earnings.
my question is :
Is it good to display the properitor drawings in the main first pages of balance sheet.
Which is the better practice?
Please comment.
Sam Koshy
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
Transfer Pricing Audit Procedures