Society

This query is : Resolved

POOJA MUNDHRA (Querist)
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09 May 2012 RESPECTED ALL,

I HAVE TO DO FINAL ACCOUNTS OF A SOCEITY REGISTERED UNDER RAJASTHAN SOCIETY ACT. A SCHOOL IS MANAGED BY THIS SOCIETY.

MY QUERY IS ACCOUNTS OF SOCIETY AND SCHOOL ARE CONSOLIDATED OR SEPARTELY. PLZ GUIDE ME .

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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10 May 2012 1. For the purpose of Statutory Audit; you have to prepare separate statement of accounts.
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( Hope separate books are already being maintained and due to this reason the query has been raised ).
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2. For filing of Return purpose; you have to consolidate it.
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Income Tax softwares would be very useful for this purpose.
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