Checklist & Resolutions for Appointment of Managing Director : The following are the steps involved in appointment of Mr. A as Managing Director in a Company who is not an Managing Director in any other Company: 1- Convene Board Meeting, appoint Mr. A as Additional Director and pass resolution for appointment as Managing Director (sample of resolution specified hereunder) […]
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Example of Cash Flow Statement Using Direct Method
The Cash Flow statement has been prepared under the ‘Indirect Method’ as set out in the Accounting Standard-3 on Cash Flow Statement issued by the Institute of Chartered Accountants of India . Click Here To Download CFS More Related Statement Format and Templates Cash Flow Statement Excel Template Bank Reconciliation Statement Excel Template Cash Book […]
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List of Important Direct Tax Sections
Its very important for IPCC students. LIST OF IMPORTANT SECTIONS IMPORTANT DEFINITIONS & BASIC CONCEPTS Sections Provisions 2(31) Person 3 P.Y. 2(9) A.Y. 2(7) Assessee 2(24) Income 2(45) Total Income RESIDENTIAL STATUS Sections Provisions 2(26) Indian Company 2(30) NR – Individual 5(1) Incidence of tax on R/ROR/RNOR 5(2) Incidence of tax […]
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Sample Letter Reporting Compliance with County Guidelines
It is important to make sure that one should comply with the county guidelines so that there is nothing important missing from the rules and regulations that have been set by the government. Therefore, one can always write a letter to the concerned department reporting about the compliance with the guidelines of the county. Shared […]
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Correct Tax Levied on Former Business Letter Format
If you have received a notice from the taxation department about the taxes levied on your former business which you feel is correct then you can always write a letter to the department informing about the same. In this post, we have come up with a format for incorrect tax levied on former business letter […]
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