banner_ad

Preparation of financial statements of a "mandali"

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 November 2014 Dear Experts,

Is there any rule regarding preparation of financial statements of a "Mandali" in a particular language?
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
21 November 2014 It is a MARATHI word. Means a group of people/human beings.
The same rule of accountancy are applicable to such a MANDALI and it can be taxed under AOP
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
26 November 2014 there is no separate accounting rule for that only make normally accounting procedure. under income tax you have to AOP
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
26 November 2014 it is like association of person.
Profile Image

maitry desai

Profile Image

maitry desai (Querist)
26 November 2014 Thank you experts for your kind response.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
27 November 2014 you are welcome maitry...........
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
27 November 2014 You are most welcome.
.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details