Sonal
23 February 2017 at 12:45

Striking the name of a company

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.?


DEVENDRA KUMAR

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


Vigneshwar

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.


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





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