AIMS Advisory

Unfortunately, the real world is not like that, thanks to what they call “office politics”, and wider stakeholders have suffered after the banks they were involved with were run into the ground by CEOs, Directors, and Chairmen that at best lacked the requisite experience and knowledge of finance, and at worst were no more than empire-building charlatans. And this despite such people having been signed off by the regulatory authority as “fit and proper” persons to run a bank. We all recognise these persons: those skilled in the art of talking a lot without actually saying anything, and as good at answering questions as any professional politician.
This state of affairs is a pity, because banks play such an important role in society that they need to be managed by those skilled in the art of finance, not politics.

How will new firms ever get exposure and thereafter audit these institutions?

Only the existing firms of old sh*theads and their sons and daughters will audit Nepal's office, agencies, ministries and even companies.

If goodwill is a thrash asset created to balance the balance sheet after acquisition and if excess of fair value of asset over purchase considerations paid is gain on bargain purchase.
Then the alternative treatment for excess of purchase consideration over fair value of asset would be to charge it immediately to profit or loss as a loss from rip off purchase.

Although equal in the amount of tax paid, would an arrangement be excused from its obligation, obligation other than amount of tax, if they pay the same amount through other affairs/arrangement.

Would an unregistered status, unregistered in regulatory authority and having not obtained PAN, of a taxing unit relive the responsible person off the obligation to pay tax from that unit and on that unit's name, file tax return and file their financials?

On what Imf is. On why must the poor pay minimum tax with zero income. On why there must be gold or reserve currency to issue own money. On why the central bank must please international org lords keeping finances out of reach for those who need it.
On what this sh****le really is. On why there is always a logic behind things that are unfair but they are called fair by those who determine what is fair.

Debt: The First 5000 Years, Chapter 1: On The Experience of Moral Confusion. David Graeber Audiobook Debt: The First 5000 Years. David Graeber AudiobookChapter 1: On The Experience of Moral ConfusionDavid Graeber's Dank Audio Stash: https://www.youtube.com/p...

They should have listed the only eligible audit firms are this this this....what bunch of chimp troops.

Notice regarding extension of date of filing income return for income year 2080/81:

1. Proprietorship firm with annual transaction upto Rs. 1 Crore and entities with zero transaction : No extension. They must file return within the asoj end.

2. Entities and other taxpayers with annual transactions up to Rs. 25 crore : Extension until Mangsir

3. Tax payers with transactions more than 25 crore: Extension until 20th of Poush.

Educate yourself about provisions in this constitution, not just about what these joliticians can do, about what you can do and realise that you may not do much without the discretion of those who you all call important.

Constitution day