Final Accounts of Cooperative Society
The final accounts of cooperative society refer to the set of financial statements that summarise a society’s performance and position...
PublishedCategorized as Accounting Management
Category: Accounting Management
GST on Apartment Maintenance Charges: Rules & Calculation
Co-operative housing societies register as individuals to collectively develop land for residential purposes. These purposes include the construction of apartment...
PublishedCategorized as Accounting Management
Role of an Accountant in a Housing Society
Every housing society needs transparent and accurate financial records. When you explain the role of an accountant in society, you...
PublishedCategorized as Accounting Management
Non Payment of Society Maintenance Charges- Laws and Recovery
Non-payment of society maintenance charges is a common and persistent issue in housing societies. Some members delay or refuse to...
PublishedCategorized as Accounting Management
Guide to GST Invoicing for Housing Society
When the GST came into effect in India, it replaced a mix of different indirect taxes with a single system....
PublishedCategorized as Accounting Management
TDS on Housing Societies: Rules, Rates and Compliance
Tax Deducted at Source (TDS) is a system by the Income Tax Department to ensure taxes are collected at the...
PublishedCategorized as Accounting Management, Rules and Regulations
Cooperative Society Accounting: Issues & Best Practices
In India, accounting for cooperative society (societies) is governed primarily by legal mandates such as the Societies Registration Act 1860....
PublishedCategorized as Accounting Management
Importance of Audit Trails in Society Financial Management
What is Audit Trail What is the audit trail, and why are they essential for modern financial systems? In today’s...
PublishedCategorized as Accounting Management
Is RTI Applicable to Cooperative Housing Society
The RTI Act for Cooperative Societies serves as a vital tool that brings transparency to India’s vast cooperative ecosystem. The...
PublishedCategorized as Accounting Management
Structural Audit: A Crucial Step Towards Safety
A structural audit of a property is a critical assessment of the building’s structural integrity to determine its overall condition...
PublishedCategorized as Accounting Management