Hi...

Can u pls tell me what r all d areas I need to cover for payroll team interview?

TDS was to be cut on 8th august but it did cut on 30th august.paymnt made on be4 due date on 7th septmbr,the days for which tds was late deductd i.e 22days. Is there any interest or penalty for that n plz answr with refrnc to sectn no.

i hav filled online exam form for ca final may.14 exam. i hav completed my artcleshp n i hav artcleshp completion lettr wid me. i got my form signed frm a member of the institute n he signed the exam form in blue ink. also he dint signed on the xerox copy of artcleshp completion lettr nd i hav posted the form to new delhi.what should i do now??

Dear Experts,

I have 1 query regarding Service tax.

Our one service provider has opted for VECS scheme and so he has charged service tax for F.Y. 2011-12, 2012-13 and of current yr till date now my ques. is whether the Service Tax pertaining to previous yr will be treated as prior period item ..as per my understanding it should not be treated as prior period since he has not charged in the previous yr so there is no error.

Also can we claim Input credit of that ?

Dear Expert panelists, I recently cleared my 1st group of IPCC & i was seriously considering that I start my articleship after the next IPCC exams in May 2014 so that I can clear my 2nd group the then work as an article trainee. Can I register for the same after the exams ? Does the institute revoke a candidates eligibility for articleship if he/she does not register for the same, within a span of 3 months from the date of release of the results?

Please explain the concept of Fiscal Deficit in detail.

At the end of current Year.

Audit Exp. A/C---Dr
Service Tax Input Dr--
Ec Input A/C Dr--
SHEC Input A/C D
To Provision for Audit exp.
To Provision For TDS Payablle.

At the Beginning of the Coming Financial Year On receipt of Invoice.

Provision for Audit exp. A/C Dr--
Provision for Tds Payable A/C Dr.--
TO Creditors For Audit fee
To Tds payable U/S-194 J
(Tds will be deducted in coming financial year)
Thanks In advance.

Hi,

What is the difference between Gross Margin and Cost of sales (Goods sold).

Can Cost of Sales be a negative value, if so what will be the reasons for the same.

Is Below Cost of Sales correct:

Opening Stock
Add purchases
Add expenses
Less Closing Stock.

a employee resign from company in feb 2013 n receive settlement n pf amount in oct 2013 n this settlement n pf amount also not mentioned in tds cert for a.y. 2013-14. i want to know in which year return this amount should be shown?

if any employee resign from company and receive settlement amount and pf amount any resigning in which head this income is taxable?