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We are running a co operative credit society regd.with ap govt in MACCS act 1995.All the employees of our company are the members and business is carried with in us. The nature of our business is taking deposits from members and lending it to other members.Yearly auditing is being done by charted accountant and the same is being submitted to the Registrar,co operative society,Andhrapradesh. I want to know that If we are paying dividend regularly Is it required to pay income tax on the profit earned by the society.and 2. Is it required to collect TDS form form depositers.

Mar. 20, 2018
Would quitting CA Articleship after 1st yr be a better option when u dont hav any plans to study for CA-Final?

Depends which field you are planing to go into in the future, if you plan to go into Finance or Accounts or Audit then what you learn during your articleship will be very helpful to you. I know people who have taken up MBA finance and the articleship exposure ans what they studied during CA was a big added benefit for them.
How can I join the Central Board of Excise and Customs?

1) Clear UPSC civil service, or 2) Clear SSC combine graduate level exam
What is the best way to prepare for both groups of CA final in 3 months?
Feb. 06, 2017
How will implementation of GST affect the demand of Chartered Accountants?

Many tax firms, including big-ticket accounting and consultancy majors, both international and Indian, are looking at making the most of the opportunity that the process of switching to a new tax regime throws up. "Demand for GST specialists is going to outstrip supply. All the major accounting and tax advisory firms, combined, may not be able to serve the market," says Uday Pimprikar, tax partner, EY. Most consultancy firms are looking at ramping up the headcount of indirect tax experts and re-deploying existing talent into GST practice after an in-house training. For instance, EY, at present, has 150-200 tax and functional experts work on GST-related assignments. Pimprikar expects this number to magnify three-four times over the next 12 to 18 months.
What is the CBDT and the CBEC?
Feb. 06, 2017
Who are some of the most famous chartered accountants?
Feb. 06, 2017
What are the best reference books for CA-final?

FR - I took classes from Parveen Sharma Sir. I didnt feel any requirement to refer any other book but only his notes. They were compiled comprehensively covering all the major and minor areas. For reference Id say you can go for D S Rawat.
What is the most interesting thing people have said about you for being a CA?

Neighbourhood 'Aunty' (NA) : What are you studying?Yours truly : I might study further in the future. Currently, I am working; I am a CA.

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