dear sir/ madam


D ltd took a contract for 5lakhs on 01/07/2006. on 30th june when a/cs were closed the following details about the contract were gathered.material:Rs 1,00,000 wages:Rs50,000 gen expences: Rs10,000 materials on hand 30/6/2007 :Rs 25,000 work certified:Rs 2,00,000 cash received :Rs1,50,000 work certified:Rs15,000 depreciation:Rs 5000 and the contract has escalation clause "inthe event of prices of materials and rates of wages increase by morethan 5% the contract price will be inreased accordingly by 25% of the rise in the cost of materials and wages beyond 5%in each case. It was found that since the date of signing the agreement the prices of materials and wage rates increased by 25% the value of the work certified doesnot take into a/c the affect of he above clause. is this is the problem plese explain me about the escalation clause
thanking u
praveena

Good morning,
I am a B.Com graduate and currently doing Audit and Taxation work.I get few project reports' work.But I don't know how to prepare project repot.So,can you guide me how to prepare project reports?
Thanking you sir.

Regards
Chanabasappa

I've pan card which I wanna surrender.Initially , I spoke with AYAEKAR SAMPAR KENDRA " which is suitated in gurgaon AND den dey gave me 10 digit some reference no...and according to them it will take 2 month.
den after some daysI I found dis link.and through dis link"http://www.sparshitax.net/pan/newPAN.asp".I filled dat form and submitted...SO needs 2 know
(1 )How much time will dey take 2 cancel my old pan card.
(2 ) How can I get acknowledgment whether its done or not
(3) as per dis I'd applied twice 2 cancelled my previous pan..so is it safe na ?

For calculation of Professional Tax, various slabs are provided.
If an employee receives less salary in a particular month, ie he falls into a slabe below his regular than
1. deduct PF as per his regular salary
2. deduct less professional tax

Respected Experts,

I have deducted TDS from the rent of Office and House.Now i have to give TDS certificate to the landlord for the purpose of filing returns.My bank is standard chartered and they have the facility.But I dont have any idea about filling the challan.
Kinldy give advise in which challan number i have to submit the Deducted amount to bank

Greatful Thanks in Advance,
Regards
Vijay

sir
what is the mean of acs will i get any type exemption in it bcos i have already cleared my icwai inter?

Hi,

we need to pay royalty on the software licence sale amounting to Rs 50 lac. which is 50% of total cost, can i pay this much royalty under FEMA???

Nazir

I have cleared my icwai inter and now doing job as a manager in a taxi stand,it is registered,but not a ltd co.can i use it for the purpose of industrial training in icwai inst.

Dear Sir,
A ltd sold goods to B ltd for 20 lacs.at the time of delivery prices went down as such B LTD refused to accept the goods.A ltd sold it to C LTD 6 lacs.matter is in arbitration for 14 lacs. querry 1) Can A ltd write off 14 lacs as BAD DEBTS? 2) IF ltd wrtes it off as bad debts ,is is not likely that arbitration will reject the claim saying since u have triten off the amount u can not get claim. c.a.paresh zatakia

Dear All,

I am working in excel sheet, and i want that in one excel sheet some row and column ritten by me should be block any body cannot change them. and in other column in which i want every body can write some thing which he want.

is it possible, pls, tell me and how

Thanking you
Harish