Jitender
23 February 2017 at 12:05

Gst on new car purchase

DEAR SIR/MADAM

I WISH TO KNOW THAT WHAT IMPACT COMES ON A CAR BUYER WHO BUY A NEW CAR AFTER GST IMPLEMENTS. WHAT IS THE GST SLAB FOR CAR.


Tax

ACCOUNTANT’S REPORT ON COMPILATION OF
UNAUDITED FINANCIAL STATEMENTS


On the basis of the accounting records and other information and explanation provided to us, we have compiled the unaudited balance sheet of “Mr. XYZ” as at 31st March, XXX and the related profit and loss for the period then ended.

“Mr. XYZ” is responsible for –

(a) Completeness and accuracy of the underlying data and complete disclosure of all material and relevant information to the accountant.
(b) Maintaining adequate accounting and other records and internal controls and selecting and applying appropriate accounting policies.
(c) Preparation and presentations of financial statements in accordance with the applicable laws and regulations, if any.
(d) Establishing controls to safeguard the assets of the entity and preventing and detecting frauds or other irregularities.
(e) Establishing controls for ensuring that the activities of the entity are carried out in accordance with the applicable laws and regulations and preventing and detecting any non-compliance.

The compilation engagement was carried out by us in accordance with the Standard on Related Services (SRS) 4410, “Engagements to Compile Financial Information”, issued by the ICAI.

The balance sheet and the profit and loss account are in agreement with the books of account. We have not audited or reviewed these financial statements and accordingly express no opinion thereon.


IS THE ABOVE FORMAT “CORRECT AND ACCURATE”???


Roshan Shetty
23 February 2017 at 11:54

Professional services from ca without cop

Can CA provide professional services without having Certificate of Practice (COP)?



POOJA
23 February 2017 at 11:47

Tds on contract

Dear Sir,
The company pays maintenance charges to mall owner which includes electricity charges, water Bill, AC Charges, Cam Charges etc. Whether TDS on contract needs to be deducted?. If yes, then on whole amount(excluding service tax) or only on AC Charges and Cam Charges?

Thank You


Sangita Jani
23 February 2017 at 11:34

stamp duty paid for let out property

hi..... an assessee has availed possession of the only occupied property in the current year. he has opted to declare this as let out property and declared the rent income of the same. whether he can avail the benefit of stamp duty paid on possession of the said flat as deduction from the rent income kindly advise


S. Karthi

Dear Expertise,

One of my client were decided to sale his ancestral property to a party. The property was received by his grand father more than 100 years back as gift from other. Now, he has power for the same property to sell. So, he is planing to sell the same property at market value price. so, my question is how to calculate cost of index for this property?

Kindly do the needful...
Thanks in Advance


VIKAS KUMAR SHARMApro badge

Sir,
One of my friend's aunty was admitted in hospital on 10 Oct 2016 for brain operation. So she withdraw her gratuity for same purpose. And she has lost her memory. Now, her son found Rs 2 lac in her Room.
My question is :
how they can deposit money in RBI?
which RBI branch allow because they are resident of Amritsar?
if RBI deposit not possible then other solution like PMGKY?
please reply as soon as possible.
regards



Anonymous
23 February 2017 at 11:08

Ao ward transfer

MY CLIENT LIVE IN GUJARAT AND HIS AO WARD IN RAJASTHAN HOW TO TRANSFER AO WARD PLS SUGGEST?


venu
23 February 2017 at 10:54

How can do ca ipcc in dubai (reply urgent)

dear sir,

please give me the details regarding do ca ipcc in dubai i have completed in ca cpt in india now iam shifting to dubai and i have taken long gap approximately above 4 attempts i have skipped now sir what should i do

please reply urgent

thanking you n advance



Anonymous
23 February 2017 at 10:46

Removal of director

Dear Experts,
Pls enlighten me weather approval from share holders is required for removal of director?

Regds
Sumit





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