What are the consequences of not depreciating the assets in the books of accounts as per The Companies Act, 2013 or under any other law?
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accounts
books
assets
depreciating
consequences
Which accounting standards are applicable as per Section 133 of the Companies Act, 2013?
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accounting
Respected Members
We have a case of LLP with contribution of Rs 30,000 & Debit Balance in P&L account as Rs 30,000.
In the Statement of Accounts to be attached in Form 24 for LLP winding up, how should the above amount be reflected
1) Nil Liabilities & Nil Assets after adjusting the balance in the 2 accounts, or
2) Show 30k under Capital & 30k in Asset side (Debit Balance in P&L account), or
3) Show 30k under Capital & (-) 30k in the Reserves & Surplus
Kindly guide. The LLP is under ROC, Mumbai jurisdiction.
Can anyone send me board resolution format for opening of Bank account of Company . Thanks in advance .
Dear Member
We have applied for the Closing of bank account of a company and It will take some time. So can we apply for the strike off the Company or we should wait for closure of account and then to apply for the strike off of the Company.
Please guide me in this regard.
Dear All,
Annual accounts and all other businesses were not approved by majority of shareholders at the AGM 2019 of a Pvt Company.
Now suggest the suitable course of action for approval of accounts..
shareholders
accounts
rejection
Dear all,
Can any body share Board resolution format for adoption of accounts of wholly owned foreign subsidy as per new companies act for filing APR to AD
accounts
adoption
format
resolution
board
Dear Professionals,
In a Private Company where there are two directors, one director refuses to sign the Audited Accounts. He is neither resigns nor allow appointment of a new director by giving consent for appointment.
Can I move NCLT requesting to permit appointment of a new director and complete all pending formalities. Can you give me citation to follow or give me a draft petition to be filed
Is there any other mode to come over the impasse.
I do not suggest to go to NCLT under oppression and mismanagement mode as they wash their linen in public.
Facing problem while preparing P&L account for the F&O Trader under tax audit. The turnover, in this case, is Profits + Losses + Premium on options if any. So if this is the turnover, then how to get to the net profit/loss in the P&L account? What will be the value taken for the purchase?
Click here to view / answer Share it onA ltd has only one associate company B ltd and there is no subsidiary company. Do we have to consolidate accounts of associate company in case there is no subsidiary?
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consolidation
Dear All,
A private Company is holding 25% shares in listed company. So listed company is associate of that private Company. Whether consolidation accounts need to be prepared for Private Company?
Dear All,
A private Company is holding 25% shares in listed company. So listed company is associate of that private Company. Whether consolidation accounts need to be prepared for Private Company?
