Dear Members,
Please Suggest me Does there is Change in Accounting Standard due to XBRL (eXtensible Business Reporting Language)
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Dear Members
If I have incorporated an LLP on 1st of December of a financial year, when do I require filling of my annual return and statement of accounts
Which Accounting Standard is applicable on application software developed by any company for the service of its customers ?
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Does any relaxation being given to SMC(Small and Medium-sized enterprises in respect of accounting standard?
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Hi All,
I have a query related to post incorporation formalities
Is it necessary to deposit the paid-up capital in a company's bank account within 30 days of Incorporation certificate received?
What will be the consciences in case a company doesn't deposit the same?
Under what circumstances as stated in the Company Act, a company can re-open its account?
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Request to provide a checklist of legal due diligence of NPA account of the bank. Also guide me which regulation and sections should be kept in mind while carrying this due diligence.
Click here to view / answer Share it onAs per Ministry of Corporate Affairs(MCA) has notified Companies (Accounts) Amendment Rules, 2018 dated 27/02/2018 As per the amendment, LISTED COMPANIES which have the option to forward salient features of their financial statements and other prescribed documents, to every member and other entitled persons in a statement i.e. Form AOC-3 under the proviso of Section 136(1) of the Companies Act, shall forward their statement in Form AOC-3A, if such companies are required to comply with Companies(Indian Accounting Standards) Rules, 2015. As per Section 136, Every company shall send a copy of financial statements, CFS, Audit Report and other documents required to be annexed with it, to every member, debenture trustees and to other entitled person atleast 21 days in advance. However, as per the proviso to section 136(1) LISTED COMPANIES may send a statement containing salient features of financial statements and other documents in Form AOC-3, if the copies of such documents are made available for inspection at its registered office during working hours for a period of 21 days. Listed companies which are required to comply with Indian AS shall forward thier salient features of Financial Statement under Sec.136(1) in Form AOC-3A and Listed companies which are not required to comply with Ind AS shall forward thier salient features of financial statement in Form AOC-3. http://www.mca.gov.in/Ministry/pdf/CompaniesAccountsAmmendmentRule_01032018.pdf Question Curtsy: Peer
Click here to view / answer Share it onDear All Can any one suggest me what is the best software in terms of simplicity, quality and in conjunction with Legal requirements at a Competitive Price for the purpose of Accounting including compliance with Income Tax, GST, TDS and MCA filings???
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