I have few queries.
1) Proprietor expired in the middle of a F.Y. The business of the proprietor was inherited by his son. Father was not maintaining any records relating to stocks of the business.The closing stock at the end of the year was to be on the basis of proprietor and it is not practicable to physically count the stock on the day of his expiry. how to calculate the value of stock on the day of his fathers expiry?
2) If in the above situation father had 4 son's, 3 of them do not want any share of the business and wanted to give their share to the 4th son, what can be done in that situation? can they make a MOU to extinguish their rights in the business?
3) How the return is to be filed of the father as well as the son who inherited the business?
Dear sir
Please clear that the balance sheet and profit and loss account attached with 3cd/3ca is sign phisically and than scan and upload. or second option signed digitally by both CA and party. please cleryfy. its so confusing.
Hello frnds.
1st of all Happy independence day to all of u.
I hv cleared my IPCC both groups nd TY bcom also..
Nw I want to start Mcom nd CS executive also..
Is it possible doing CA, CS and Mcom..??
Nd if m starting CS then wether 15months articleship is compulsory ???
How to manage this alll...plz plz sugggest..
What is the validation of IPCC registration?
Is it 4 years or 7 years.
I registered in the year 2009.
In which year will my registration expire?
Please Help.
Thanks in Advance
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