can a student who has done CA and has done bcom(A&F) from ICAI-IGNOU be eligible to apply for PG courses in
a)india( iim,xlri,symbiosis,isb,iift,etc)
b)abroad (uk,us,aus,fra,etc)

My client retail trade of Garment Bussiness
Garment purchase from Aditya birla n Ltd
payment after 45 day of purchase bill.
after 45 days payment Aditya birla ltd 24% interest charge .pls proceess in incometax & account book

tax on job work in UP VAT

My company old meld gold ,stone & dimond purchase from customer .Tax process in UP VAT.

Company's business is to hire reusable packages to its customers.

Customers are in state X and state Y.
Once cusotmer in state X completes his usage, he can send directly to the customer in state Y. If he does so, he has to pay CST as per my understanding.

Hence, to avoid that, we are going to show in the books as if he sent to the company of state x and do a stock transfer (from company in state x to company in state y) ie intra-stock transfer. But in reality customer x directly sends them to customer y.

Is this correct solution. Do you foresee any probelms with this solutioning?

Thanks for your advice.
Sridevi

Dear Sirs

I am eligible to appear under old syllabus till Nov 2009. What is the applicablity of new syllabus and what is the procedure for shifting to new syllabus. Is the new syllabus applicable only after Nov 2009.?

Pl. guide me.

S.Ravichandran

Dear Sir,

We are Civil Contractors we are getting moblisation advance from Contractee( Govt / Private) They are deducting interest on moblisation advance from our running account bills

we have to Deduct TDS or Not. since we are not paying any interest directly to them they are directly deducting from our running account bills bills

I am a Qualified CA working with a listed company based in Mumbai,I have opted for COP and my status is showing as Part time COP .
can anybody tell me is there any restriction on providing CA service to the clients as i am unable to find out any regulation but heard that if i m working with any company then i can not signaudit reports,CA institute has not clarified it to me.
I have obtained permision from the institute for practice.
please reply.
thanks

sir

TDs of same deductee is paid with surchage in quater 1 & the same person without surcharge for other quaters. Is it correct. What are the consequences of it

A cheque was issued on 01.12.08 for Rs. 10000/- for Travelling exps.Till 31.05.08, same cheque does not cleared from Bank.Now following entry passed in Books on 31.05.08.
Bank A/c Dr 10000
To Travelling Exps A/c 10000
But assume, during the year other Travelling exps made by the company will be only 4000/-. Now there is a credit balance of Rs. 6000/-
What will be the treatment?
Should this entry haveto pass on 31.03.08 because the expenses relate to last year?
What about the FBT paid in last year?