Tax Audit Report for Motion Picture The threshold limit for tax audit for Motion Picture & Video Studios & Theatres in India is Rs. 1 crore in case the cash receipts do not exceed 5% of the total receipts. If the cash receipts exceed 5% of the total receipts, then the threshold limit is… Read More »
Turnover certificate verification Turnover certificate verification: To verify a turnover certificate, you can follow these general steps: 1. Examine the Certificate: Carefully review the turnover certificate provided to you. Check for the presence of essential details, such as the company name, address, contact information, financial year, turnover amount, and any other relevant information. 2.… Read More »
Are LLP regulated Limited Liability Partnerships (LLPs) have gained popularity among entrepreneurs and professionals for their unique blend of flexibility and protection. However, a common question arises: Are LLPs regulated? Understanding LLPs An LLP is a business structure that allows partners to manage the business while enjoying limited liability protection. This means that individual partners… Read More »
Turnover certificate sample [Your Company Logo] [Company Name] [Company Address] [City, State, ZIP Code] [Phone Number] [Email Address] [Website] [Date] Turnover Certificate To whom it may concern, This is to certify that [Company Name], a registered and incorporated company under the laws of [Country], has achieved a turnover of [Amount in Currency] during the financial… Read More »
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 »
Requirements of Turnover Certificate Requirements of Turnover Certificate, A turnover certificate may be required in various situations, depending on the specific requirements and regulations of the requesting party. Here are some common instances when a turnover certificate may be required: 1.Tendering or Bidding for Contracts: When participating in the procurement process for government or private… Read More »
CA Turnover Certificate There is no standard or universally recognized “CA turnover certificate format”. Because, it may vary depending on the specific requirements or context in which it is being used. However, if you need a turnover certificate from a Chartered Accountant (CA), you can reach out to a CA or an accounting professional who… Read More »
Turnover Certificate Format However, here are some common elements that are typically included in a turnover certificate format: 1. Heading: The certificate usually begins with a heading that states “Turnover Certificate” or a similar title to clearly indicate the purpose of the document. 2. Company Information: The certificate includes the name, address, and… Read More »
Asset valuation certificate An Asset Valuation Certificate for companies is a document that provides an official assessment of the value of a company’s assets. This certificate is often required for various purposes, including financial reporting, mergers and acquisitions, loan applications, or legal and regulatory compliance. Here are the key components typically included in an… Read More »
Cash Audit What is a Cash Audit? A cash audit is a crucial financial review process that ensures accuracy and transparency in a company’s cash handling and transactions. It involves verifying the cash balances, examining cash receipts and payments, and assessing the internal controls over cash management. The goal is to identify any errors,… Read More »
