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MCA Annual filing available wef 25-09-2015
MCA to make Annual filing forms available w.e.f. 25th September, 2015
The Ministry of Corporate Affairs has issued a General notice dated 24th September, 2015 for the introduction of New forms AOC-4(Non-XBRL), MGT-7, ADT-2 & SH-9 is being made available w.e.f 25th September 2015 along with C&I Validation tool beta version. You are requested to plan accordingly.
New Versions of forms CRA-4 and CHG-4 are also likely to be modified w.e.f 25th Sept 2015.
Stakeholders are requested to plan accordingly.
CONTENTS SR. NO.CHAPTERPAGE NO. INTRODUCTION STOCK & RECEIVABLES AUDIT VERIFICATION OF STOCK & DEBTORS PROCEDURE OF STOCK AUDIT VERIFICATION OF SECURITIES ANALYTICAL REVIEW INTERNAL CONTROL QUESTIONNAIRE STOCK b) BOOK DEBTS LIST OF DOCUMENTS TAKEN AS WORKING PAPERS SPECIMEN INSPECTION REPORT SPECIMEN MANAGEMENT REPRESENTATION LETTER CHAPTER 1 INTRODUCTION: Banking is an important sector of the economy of any country and for the development of the economy a healthy banking system is a must. After the liberalization of the economy, the banking system has undergone a total change in India. There is hard competition in the banking industry to survive in the current circumstances. With the purpose to have better financial discipline & to ensure uniformity in accounting norms RBI introduced the concept of assetclassification & income recognition as per the recommendations of Narasimhan Committee. It was also suggested to classify the advances given by banks into Performing & Non Perfor…
A Complete Guide to sections 54 & 54F Exemptions
CS If an individual transfers any long-term capital asset and plans to reinvest the sale proceeds in a new residential house property then he would be eligible to claim exemption under sections 54 and 54F of the Income-tax Act, 1961 subject to fulfilment of certain conditions. In the last couple of years there has been a phenomenal increase in the sale of properties resulting in capital gain including but not limited to the land owners giving the land to the developers and entering into Joint Development Agreement, receiving more than one flat from the builder and yet avoiding capital gains tax. In this article the author has enumerated various decisions and judgments of the Tribunals and the High Courts which have liberally interpreted the provisions of the Income-tax Act and extended the capital gains exemptions to the assessees.Introduction1. Out of the various investment options available, investment in real estate …
Gentlemen: AmtInWords.xla is attached to this mail. It is an MS Excel Add-in written by me to convert amount available in figures to words. Installation Copy the attached file to the folder where excel stores the add-ins. (To know where excel stores the add-ins, open any workbook, click on Tools - Add-ins - Browse) Then open an excel workbook. Click on Tools - Add-ins - Browse - Give the path to this Addin - Ok Usage You can use the functions AmtInWords and AmtInWordsUS in any worksheet. The syntax is: =AmtInWords(decimal number/cell reference, [currency code]) =AmtInWordsUS(decimal number/cell reference, [currency code]) Examples follow: =AmtInWords(10000000) =AmtInWords(123456.77) =AmtInWords(C4) =AmtInWordsUS(B3) ' Shall give the amount in millions (US format) =AmtInWordsUS(B3,"USD") ' Shall give the amount in millions (US format) and in US currency (Dollars) =AmtInWords(C4,"GBP") ' Shall give the amount in lakhs and in UK currency (Pounds) Notes The system shall N…