Category Archives: No Statutory Dues Certificate

No statutory dues certificate by Chartered Accountant?

  No statutory dues certificate Understanding the Significance A ‘No Statutory Dues Certificate’ issued by a Chartered Accountant serves as a declaration that the company has met all its statutory obligations concerning taxes, duties, and other dues within the stipulated timelines. This certificate is not merely a formality but a rigorous assessment of financial records… Read More »

No dues Certificate Salary?

No dues Certificate Salary   A “no dues certificate salary” is not a commonly used term or phrase. However, based on the context, it appears that you might be referring to a document or certificate issued by an employer to an employee indicating that they have no pending financial obligations or outstanding dues related to… Read More »

What is a Non Credit Certificate?

Non Credit Certificate A non credit certificate is a certification that is award to individuals upon completing a specific course or program of study, but it does not carry any academic credit or contribute towards a degree. These certificates are typically offer by educational institutions, such as colleges, universities, or vocational schools, as a means… Read More »

No Statutory dues Certificate Meaning?

No Statutory dues Certificate  A “No Statutory Dues Certificate” is a document issued by a relevant authority or a certified professional, such as a Chartered Accountant (CA), to confirm that an individual or organization has no outstanding statutory dues or liabilities as of a specified date. Statutory dues refer to the legal obligations or financial… Read More »

What is no due Certificate from bank?

No Due Certificate From   A No Due Certificate from bank is a document issue by the bank to confirm that an individual or organization has no outstanding dues or liabilities towards the bank. It serves as proof that all financial obligations, such as loans, credit card payments, or any other financial liabilities, have been… Read More »

Difference between statutory and Mandatory Certificates?

Statutory V/s Mandatory    Statutory V/s mandatory certificates are both types of certificates that required to meet certain legal or regulatory obligations. While there may be some overlap in their requirements, there are distinct differences between the two: Statutory Certificates: 1. Legal Requirement: Statutory certificates issued to comply with specific laws or statutes. These laws… Read More »

How to write no dues Certificate?

Write No Dues Certificate   Here is a format of Write No Dues Certificate: [Your Name] [Your Position/Title] [Organization of Your] [Your Organization’s Address] [City, State, ZIP] [Date] [Recipient’s Name] [Recipient’s Address] [City, State, ZIP] Subject: No Dues Certificate Dear [Recipient’s Name], I, [Your Name], hereby certify that [Your Organization] has no outstanding dues, liabilities,… Read More »

What is a Non Credit Certificate?

Non Credit Certificate: A non-credit certificate is a certification awarded to individuals upon completing a specific course or program of study that does not carry academic credit towards a degree or diploma. Unlike credit-bearing courses, which contribute towards a student’s academic record and can transfer to other educational institutions.  Non-credit certificates focus primarily on providing… Read More »

What is the difference between statutory audit and tax audit?

Statutory Audit and Tax Audit    Tax audit and Statutory audit are two distinct types of audits conducted for different purposes. Statutory audit Statutory audit aims to verify a company’s financial statements to ensure they present a true and fair view of its financial position. It is a legal requirement under the Companies Act, 2013,… Read More »

Intangible Assets: Can assets be Intangible ?

Intangible Assets Yes, assets can be intangible. In accounting and finance, assets can categorize into two main types: tangible assets and intangible assets. Tangible assets refer to physical assets that possess a physical form and can be perceived through touch or sight. Examples of tangible assets include buildings, machinery, vehicles, inventory, and land. On the… Read More »