If a company files MSME-1 after the due date or fails to file the MSME-1 form, then legally, the company is liable to pay penalty u/s 450 of the Companies Act, 2013.
As per the MSME Act, 2006, if any company has delayed in payments to an MSME vendor, then they have to pay a huge amount of interest and report a default in their financial statements.
The Initial Public Offering of Nykaa, with a price band of Rs. 1,085-1,125 per share, has opened for public subscription on Thursday and will conclude on November 1.
A Fresher CA needs much more than the prefix. These include the skills and qualities which perfectly fit the candidature of any organization as well as prove them to be analytically sound.
Section 44AA(1) prescribes compulsory maintenance of such books of accounts and other documents which will enable the AO to compute the total income in accordance with the provisions of the Income Tax Act.
International Public Sector Accounting Standards are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements.
Investors will benefit the most by investing in IPOs when secondary markets are at lows. However, promoters will benefit the most by selling their shares when markets are at record highs.
The term related-party transaction refers to a deal or arrangement made between two parties who are joined by a preexisting business relationship or common interest.
Instead of a possible decrease, there has been a significant increase in the demand for chartered accountants. This is because more firms are starting and the government is enacting policies and regulations.
Create your own client base. Start off with friends, relatives, and extended family, and once good compatibility is established with them they can help to further your career by referring you to others as well.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English