AN INDIVIDUAL AUDITOR IS ELIGIBLE FOR ONLY 5 CONSECUTIVE YEARS FOR BEING STATUTORY AUDITOR IN A PRIVATE LIMITED COMPANY.
SO, IF AN INDIVIDUAL AUDITOR IS BEING APPOINTED AS FIRST AUDITOR IN A PRIVATE LIMITED, THEN CAN THE SAME INDIVIDUAL AUDITOR BE APPOINTED AS SUBSEQUENT AUDITOR FOR NEXT 5 CONSECUTIVE YEARS IN THE SAME PRIVATE LIMITED.
WILL THE PERIOD OF FIRST AUDITORSHIP WILL BE CONSIDERED FOR CEILING LIMIT OF 5 CONSECUTIVE YEARS ?
The Ministry of Education has issued guidelines that prohibit coaching centers from enrolling students under 16 years of age.
a) Does that apply to Private Math tuition center also providing Math tuitions to class 1 to Class 5?
b) a) Does that apply to Private tuition center also providing private tuitions to class 1 to Class 5?
My confusion is with section 2(2) of CA Act, 1949 (https://indiankanoon.org/doc/1185962/) which says a member is deemed to be in practice if
(i) engages himself in the practice of accountancy; or
(iii) renders professional services or assistance in or about matters of principle or detail relating to accounting procedure or the recording, presentation or certification of financial facts or data; or
Can I provide without COP as long as there is no certification involved? I know in previous posts it was said that COP is not required but I have confusion due to this section.
I'm trying to set a store on ecommerce platforms for selling keychains made of materials including but not limited to wooden beads, different types of beading materials like macrame, plastic lacing crochet elastic string and metal keyring. Which trademark class/classes should I go for? Does the class change based on the materials used orn is it common across all handmade / handicraft items. Please help.
Sir,
Husband , a Senior Citizen,gifts Fixed Deposit of Rs. 20 lacs by transfer of Fixed Deposit to Wife who is also a Senior Citizen.
Under the premises kindly advise:
A. Whether Gift Deed is necessary?
B. If so it is required to be Registered?
C. Whether income clubbing provision would be applicable unde Income Tax Act?
Thanks & Regards
I received a cheque from post office of nsc maturity drawn on sbi I deposited the cheque in my saving account in pnb the cheque got bounced for reason code 42 paper not received
What is the resolution for this how can I encash the cheque
Wrong person appointed as partner in llp .what to do now
To
The Experts
Our Company being a 100% State Govt owned Company comes under RTI Act.
One person seek some information under RTI Act. But we know he will use such information not his own purpose but for some other ulterior motive which may be harmful to the regular business of the company.
So can we abstain ourselves to supply the information he applied for?
Does RTI act permit us?
If we refuse to give any information is there any penal action under RTI Act?
Regards
Abhijit
A expires and leaves behind three legal heir. Subsequently one of the legal heirs expires. Does the legal heirs of deceased legal heirs will be reckoned as legal heirs of A?
Please advise
My company doing trading Business, companies paid capital is Rs. 40 Lakhs and pre reserve Rs. 6 Crore. Turnover approx Rs. 50 crore. Please tell me how much i can invest in stocks.
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ELIGIBILITY OF STATUTORY INDIVIDUAL AUDITOR