Dear Experts,
Pls let me know in AY 2016-17 our partnership firm has incurred the loss. Pls clarify weather Tax audit will be applicable in this case or not,

Thanks In Advance
Sunder Dixit

If a company has filed the annual return for March 2016, can the company file for its closure . Can anyone tell the procedure for the closure process.?

Hi Friend,
Could you please confirm me Exam center Zone for Sholiganallur. I am new in chennai ,My exam is C.A final may 2017.

Thanks
Devendra Kumar Chauhan
Mob 09899006246

Hi Sir/Madam,

A friend of mine who is a direct entry student has to appear for May 2017 IPCC Exams. The new format of online application requires a service declaration certificate to be submitted online after getting signed by their pricipal. The problem is my friend has completed 14 months of articleship and has terminated due to medical reasons. She is yet to joine a new firm. Kindly help as to how she can apply for May 2017 IPCC exams.

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.

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”???

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

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

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

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