1) WHETHER CO-OPERATIVE CREDIT SOCIETY IS COVERED UNDER SCOPE OF REPORTING OF ACCEPTANCE OR REPAYMENT OF LOANS OR DEPOSITS FOR GREATER THAN Rs. 20,000/-????
2) AS WORDS OF SECTION 269SS AND 269T SAYS THAT IF THE LOANS AND DEPOSITS ARE EXCEEDING Rs. 20,000 OR OUTSTANDING BALANCE IS EXCEEDING Rs. 20,000 THAN IT SHOULD BE REPORTED... DOES IT MEANS THAT IF LOANS OR DEPOSITS ARE TAKEN OR REPAID ABOVE Rs. 20,000/- AND BY MEANS OF ACCOUNT PAYEE CHEQUE THAN IT IS NOT REPORTED UNDER 269SS AND 269T??
Companies need to file ADT forms , incase of resignation , appointment of auditors, what is the full form of ADT?
Should a governing body member of a society (reg.under societies reg. act-1860)appoint him/ her self as Director/ employee to draw salary from school running under that society? In other hand would a society member liable to draw a salary for his/ her services from same society school?
Sir/Ma'am,
As there is change of depreciation rates and useful life of fixed assets, Is the same will have as retrospective effect or prospective effect?
coz if the same has retrospective effect
then we'll have to recalculate depre. and make the possible adjustments in our book.
Please ans this query as soon as possible.
its really urgent
hi please give response to my query, If asessee has not get audited their books of account within due date and also not in reasonable time so now wether he can do so the same after six month at the end of due date?
since interest and penalties wetre to be paid due to default done by party.. so why it cant show as debit from capital account.. there is any reasonable justification about showing in debit of P/L ?
Under which section if maintenance of Fixed asset register mandatory now after companies act 2013 became applicable?? as earlier, A fixed asset register was to be maintained under section 209(1)(c) of the Companies Act. 1956.
whether a company recover loan amount from its employees in cash or can adjust the amount of loan from thier salaries.
can employee paid his loan by bearing expenses of company?
if company paid loan to relative of one of directors then what are the possible ways to recover the loan from them????
I want to ask suppose one of my client has net business loss of 20000 and agriculture income of 19 lacs and he wants to get his accounts audited as having business turnover of Rs.30lacs although not liable for 44AB tax audit.
So can 3cd report be issued for such voluntary audit and if no , please suggest the format and does audit report need to be uploaded on income tax website and what will be his due date for filing returns?
Query about section 269ss & 269t