Dear Sir,

We are a proprietorship concern,few days ago our Proprietor's Son was admitted to Hospital for having fever & jaundice.The total bill was amounted to Rs.2,30,000.

Now I want to know can we book these expenses in our books or not as the bill is in the name of the son only and he was also not having any mediclaim insurance from company.

Please reply.

I am at present interested to Import Cotton Seeds in India.
H.S. Code 120720 for this product.

I wanted to know is this product allowed to be imported in India or it is under Restriction.

I want to know this from an expert of foreign trade and knows regulation of DGFT.

Omega Corporation sells computers on hire purchase basis at cost plus 25%. Terms of sales are Rs. 10,000 as down payment and 8 monthly installments of Rs. 5,000 for each computer. From the following compute Hire Purchase profit under Stock and Debtor Method for the year 2002.
As on 1st January, 2002 last installment on 30 computers was outstanding as these were not due up to the end of the previous year.
During 2002 the firm sold 240 computers. As on 31st December, 2002 the position of installments outstanding were as under:
Installments due but not collected:
2 installments on 2 computers and last installment on 6 computers.
Installments not yet due: 8 installments on 50 computers, 6 installments on 30 and last installment on 20 computers.
Two computers on which 6 installments were due and one installment not yet due on 31st December 2002 had to be repossessed .Repossessed stock is valued at 50% of cost. All other installments have been received .

I have tried to attempt the question but while making Hire purchase Adjustment account i am facing some problem.Can anyone please do the whole question for me, So that i can understand the treatment.

It is find that FIRC is not mandatory as per FEDAI rule.
Pl. confirm and advise...
what is the procedure for getting DUTY DRAW BACK, when it is not credited automatically on EXPORT transactions.

Is it necessary to get BRC and file the return with RBI

If so, what is the procedure and forms and when is the last date for filing the returns under FEMA and RBI guidlines.

i wanted to know that from where i can get ipcc compilers......and how can i get last few years ipcc papers....

Dear All,

Can anybody provide me solutions for my below query:-

We have imported some material though Courier from america one year back, now while making payment we have seen that we are not having triplicate exchange control copy or any other documents for Custom Duty paid, now how we can remitt the amount to the party ??

Thanks in advance

Dharmendra darji

sir, i have given 3 attempts of cpt and this time i was strucked on 97 marks sir i want to ask can i give cpt by only filling examination form OF CPT OR DO I HAVE TO REGISTER myself again with boards of ca plzzz sir help me

Dear friends,
Can any one guide me regarding SEARCH REPORT being required by bank for processing loan of a private limited company? Is there any particular format? if yes, pliz forward the same.

hi students,

I have a problem in two chapters.1.capital budgeting and 2.working capital management.
i m not able to understand the concepts...please provide me the notes which is easy to understand or which is sufficient for the examination. please help..i have been preparing these chapters from ashish kalra material..for so many months but i m not getting passed in this paper..please help me and suggest me.

how to prepare PCC both grps in 2months? m nt getting good marks in theory papers. spcly in audit and IT & SM.plzz suggst me how to prepare pcc both grps in dis 2mnths. m realy cnfsed n upset