1 )What is High sea purchase and High sea sale? and what is the accounting treatment for the same ?

2) What is Purchase for High sea sales?
what is the accounting treatment for the same?

Dear All Can One Person be the Owner or Proprietor of more then one Proprietorship Companies and He is Dealing in Different types of Business.
Thanks in Advance Pls Reply Me

Hi Dear..

We are a STPI unit hving a parent co.in USA, now we r going to purchase some chairs from malaysia costing around $28k, can our parent co. make the payment against it?? will there any problem concern to STPI, Income - Tax or FEMA??? waiting for your reply..

Nazir

I am having a proprietory concern business having 9 employees.I want to know do I have to pay professional tax from employees salaries. How much Minimum number of employees should be there to apply for professional tax.

Sir, Can a chartered accountant start a website for extending his esteemed services? Is it against the code of ethics? If yes kindly give me an answer quoting the provisions of C.A. Act and any other relevant matter.
Also include the advertising criteria for a Chartered Accountant. Kindly Send reply to josephjoy111@gmail.com.

It is a MNC co. having employees of 28 in nos. but the salaries of all the employess are more than 10k per month and few of them like substaff, receptionist 4 drawing below 10k is it necessary to get ESIC registration.
Thanks in advance.
Sreenivas.S.R.

A person import goods, on the date of payment to creditor, he debit or credit this exchange differance to that material account. Is he correct according to AS-11?
If not what will be the treatment of this transaction and if exchange diff. is very big?

Dear All CAs

Pl Help me On Min. CPA hours For Non Practiscing CA & Practiscing CA

Thanks

I am a PCC student, appearing in November 2009. I want to reply queries if i can. As it will help me in my practise. So, kindly, let me know the procedures.

Dear Friends,

I'm CA Final student registered under old course. Originally i had started my articles training and register on 30/04/2006 and now I will be taking transfer showing transfer date as 15/11/2008. So plz help me to know the balance period of my articles training and what about my excess leaves , if any?

Total Articles Days served (Actual total Days) 707 Days or 101 weeks

Total Leave taken till Date 155 Days or 22 weeks

Can anybody tell me 1) On which date my total 3 years articleship will end?

2) What will be starting and ending dates in my new Form 102 and Form 103 to complete my balance period of articleship?



3) Do I have to do execute Form 107(excess leave) at later date, if yes, then when?