Hello,
Kindly assist me whether audit of consumer co-op societies to be done by Chartered Accountants or Government Authorities?
Is there any circular that it has to be done Compulsorily by CA IF TURNOVER EXCEEDS CERTAIN LIMIT?
If yes, kindly attach a copy of the same.
Plz assist at the earliest.
Thanks
I have a commercial land owened by me. Since I am in job in PSU and the land is commercial one,i can't build a commercial complex on the said land and undertake any business like letting out of the property on rent. As the land is in the mid of the city and there was possibility of encroachment leading to litigation, I authorised my elder brother with POA to carry out construction of commercial complex as per the plan. Expenses on construction was met by i) my contribution (40%), ii) my elder brother's contribution (40%) and iii) security money received from the proposed tenants (20%). Now the construction work is over and rental income is likely to be received. Since I am away from the place on my transfer and I am not supposed to undertake any business by virtue of service conditions, I want to lease out the above property to a person (on a nominal lease amount),it may be partnership firm or HUF,to whom i will authorise to hold it and to give it to others on rental basis, so that my personal tax liability do not increases and rental income become taxable in the hands of that entity.So to summerise at end i have two queries -
1. whether partnership firm can hold the immovable proprty under regulatios of partnership act?
2. Whether i can do so to avoid my tax liability, means i dont want to sell it but simply want to authorise that person by way of power of attorney?either to my elder brother who is taking care of the property or to a partnership firm which includes my brothers and my wife to get back the expenses in legitimate way.
3. Any other alternative to manage the property / rental income.
Please help me with details of GDCA and when the exam form will be available for the may 2012
Answer nowDear All.
I wanted to know how to prepare bank finance proposals & project report. Are there any websites and other forum which can give neccessary input for preparing such report
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Are there any goods books on this topic, please suggest me ?
Can a CA with a COP, full time and already a partner in a CA Firm become a partner in another CA firm or an LLP. Pls advice
Answer nowhello experts,
can nybody xplain me with supportings, if an employee is earning10,000 as basic and wants the employer to deduct pf, then on what amt will the employers cont. to PF shall be calculated.
On6,500 or 10,000. n why.
please help..
i have given unsecured loan from my father account to my Friend in his Father Name ( amount was given in cheque) mutual agreement not anything in writing.
My Friend is not Repaying Loan and Interest
How legal way i can recover Amount.
Hi... I am a CA final student now I am planning to start a audit firm. Is it possible for me to start a firm before completing my finals. Or else start my career as Tax consultant...
If so How can I get clients...
Please help me....
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Any one knows about it ?
Please tell me about this scheme more..
plz send me the information about of the shipping bill on my email id vivek.vicky1989@gmail.com. all info of the shipping bill.
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Statutory audit of consumer co-op soc.