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is Certificate of practice number and membership number are same or not?
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Can anybody provide me solution to end the problem that i actually came across..............
There is a individual who invested all his assets in a Rice Mill of worth Rs.8 crores (approx.) in the year 2011.Then the business continued for 1.5 years continuously. Suddenly the business lacks working capital due to abscondance of cash by the person involved in construction, who was the friend of the individual in the 2013. There is no specific evidence to prove the fraud. Thus, the business discontinued. On the other hand, as there is no profits, the bank debts (neither the principle sum nor interest) of Rs.4 crores(approx.)could not cleared as there is no cash availability. As the business organisation is not paying any sum to bank. The bank considered the debt as NPA and is going to conduct auction on or before 06.06.2014.All the assets were struck in the bank as securities for the loan whereas the individual has Rs.4 crores of bank loan and Rs.2 crores of unsecured loan.
Banker valued the mill value for Rs.1.63 crores and other securities for Rs.60 lakhs only whereas the valuation report by the Approved valuer valued the mill for Rs.5.35 crores (approx.). There is a heavy pressure from the creditors as the auction amount does not cover their debts.
Please provide a probable and suitable solution for the above query.................
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Sir,
I filled 24Q for all the 4 Qtr of 2013-14 & i have generated Form-16 also. now i came to know that all the four regular statement were processed with some demands due to late deposit of tax and the demands was created two months ago. can i now file correction statement for all the 4 quarters ?
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Dear experts..
pls share your views regarding the benefits and disadvantages of both the form of business enterprise considering the less harassment at statutory level and scope of having high amount of finance from banking institutions
Regards
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i have cleared professional exam this December. Am i eligible for new training structure of ICSI i.e. one year internship?
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Dear all, one of my client, an NGO has been receiving foreign donation for the past 10 years now, through wire transfer, without FCRA Registration. Neither their bank nor their CA had ever told them about. However, last month they have been told by their bank to get one. I have already done the application.
Now my query is that what would be the consequences of receiving those Foreign Donation for all those years. During the Home Ministry inspection by IB, would it pose a problem in getting the registration? What should I do about it?
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Sir please provide me,ca ipcc IT NEW syllabus notes in easy language for nov.2014
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Attention friends...... Can anybody provide me solution to end the problem that i actually came across.............. There is a individual who invested all his assets in a Rice Mill of worth Rs.8 crores (approx.) in the year 2011.Then the business continued for 1.5 years continuously. Suddenly the business lacks working capital due to abscondance of cash by the person involved in construction, who was the friend of the individual in the 2013. There is no specific evidence to prove the fraud. Thus, the business discontinued. On the other hand, as there is no profits, the bank debts (neither the principle sum nor interest) of Rs.4 crores(approx.)could not cleared as there is no cash availability. As the business organisation is not paying any sum to bank. The bank considered the debt as NPA and is going to conduct auction on or before 06.06.2014.All the assets were struck in the bank as securities for the loan whereas the individual has Rs.4 crores of bank loan and Rs.2 crores of unsecured loan. Banker valued the mill value for Rs.1.63 crores and other securities for Rs.60 lakhs only whereas the valuation report by the Approved valuer valued the mill for Rs.5.35 crores (approx.). There is a heavy pressure from the creditors as the auction amount does not cover their debts. Please provide a probable and suitable solution for the above query.................
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I have booked a flat through builder and I have paid Rs.1 lac as an advance vide cheque on August, 2013, but the deal was cancelled by the builder and he refunded the amount vide cheque which was returned due to insufficient fund. I contact several times but he is not responding so far. So please advice to me what should I do?
K Radhakrishnan
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Dear All,
We are a trust having business in education and having 5 branches across the Bangalore.
Now for professional Tax renewal of Rs 2,500 should we pay Just 2500 or 2500*5=12,500 ??
We got registered under Karnataka Professional Tax as one registration.
Regards
are having three branches in bangalore whose registration has done
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Difference between membership no and cop no.