Pvt Ltd. Co. paid EMI of Personal loan taken by Shareholder and debited EMI's paid to Share Application Money Account.
As A Auditor what should be the prof. opinion.
Kindly refer to Sections affceted of Companies Act.
Can a Company credit a Share Application Money Account by way of raising Debit in the name of Sharholder in Company's Books or Money should be introduced in Share Application Money Account only by payment to compnay in cash.
Its in case of Private Ltd. Co.
Respected Experts,
A Pvt Ltd Company Issues Bonus shares in the middle of the year (1:1) and at 31 March declares Divided at 7.5% (Dividend including for Bonus Shares) Should the company Transfer any amount to General Reserve?
Should Minimum % on the basis of Last 3 Year Dividend be Transfered?
The company has not declined by more than 20% in the Year..
What are different aspects to be checked in Internal Audit.
can a ca do practice after getting cop but without registration of a firm
trust have registration under society act 1860.but not registred under section 12A of income tax. now which ITR to be use by trust & which taxation rule apply.
IS AUDIT COMPULSORY FOR EVERY PRIVATE LIMITED CO'S.
PLEASE LET ME KNOW THE DETAILS RELATING TO AUDIT OF PRIVATE LIMITED COMPANIES
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