As per the conditions of CARO,2003 for a private limited company:
A private limited company with a paid up capital and reserves not more than fifty lakh rupees and has not
accepted any public deposit and does not have loan outstanding ten lakh rupees or more from any bank
or financial institution and does not have a turnover exceeding five crore rupees.
My question is if only one or two and not all the three conditions are voilated then would CARO be applicable to such a company..?
In my case only Condition no.2 is fullfilled so what would be my position in respect of CARO..?
I am done with MBA(finance) from nt so gud university..I am working now as a Financial and process analyst.I am planning to do CA. would it be right decision to pursue CA now coz, by the time i complete ill be almost 28 or so. or can you suggest me something in compliance to my working stream.
Whether FBT is Applicable on employees cab facility expenditure if so under which head?
What will we Do if the ledger has no segragation on car hired for other travel and for employees pick up and drop? Under which head it is to be taken then?
Dear friends,
I have completed my graduation under commerce, after that i took PE-II CA exams where i appeared twice but i coudlnt clear. i was not in a position to continue due to personal reasons. But now i realising & willing to do any of the professional course, but not CA coz, after inter student need to take articleship which is mandatory. So, kindly suggest me the professional courses which i need to built in my career.
I expect a one sided view rather than,
optional...
Thanks in advance
regards
anantha
The Landmark judgement recieved from Delhi high court regarding not to pay Service Tax on rent
I want to know that the Service Tax which we have paid earlier on rent,we will get refund and if yes what is the Procedure for the same?
Respected Members
I have query regarding interest payment of Delay TDS payment
If provision for expenses was made on 31st March 2009, on the provision TDS is deducted which can be paid by 31st May 2009,
My Query is if an assesse failed to pay the TDS on 31st May , in this case From which period the interest have to be paid from 1st April 2009 or 1st June 2009 onward ?
According to my view it should be from 1st April 2009, but my superior’s view differ on the matter .
Please let me know whether my view is correct or my Superior's view is correct.
Manufacuring company - their outputs are being transported by a transport company. Bill of that transport company is accounted in the manufacuring company's book under "Freight charges"
Now the manufacruing company bought TATA 407 vehcile to transport the goods. The fuel expenses can be accounted under "Freight"??
Pl clarify
Thanks in advance
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capital gain