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please help me. I have got a case where in there's a partnership firm with 4 partners . 10 years back the value of plot of land was 10 lacs. each partners had contributed 2.5 lacs each. in 2014 the land was revalued and its value is 1 crore. now my questions are 1)is revaluation permissible? 2) in accounting how it will be treated? 3) is it taxable and what will be its tax impacts? please help me..
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ca and cs timetable dates are claseing. is there no co ordination between two big professional institute ???
reallyy ??
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Is it compulsory to Answer a CPT for a post Graduate with 60% of Marks to Opt for a Accounting Technician.
Pls guide me the procedure too.
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sir i am student of ca final and my attemt is may 2015
sir i have taken transfer on 20 october 2013
and i was earlier register on 22 oct 2012 and Now i am register from 15 november 2013 within one month of transfer and whether my attempt will delay or not ???????
plz Provide solution as early as possible
Thanks in Advance
This Query has 4 replies
I am a practising CA in Indore, and around 2 months back suddenly few of my regular clients stopped using my services. Recently i found out that they have given their accounting and tax related work to a new firm in my locality, which is run by 5 guys, out of which 2 are just inter pass! And i am certain they are employed as partners there, and handle all the work relating to accounts, sales tax, excise etc. Also, i don't think those guys have enough knowledge to form an LLP partnership to do it the right way.
Is it allowed by the ICAI to form such partnership firms? What can i do to bring it to their notice?
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Is it only me who think Time Value of Money can only decrease over time? Isn't it possible that money will get stronger in the future. Can not the Present Value Interest Factor be (1+r)^t rather than (1/r)^t every time? Please provide the rationale behind all this?
Thank you
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hello I have just given my ipcc exams in november 2013 and I am not satisfied with my result so my question to the experts is that whether it is beneficial to go for revaluation.
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can a ca student while doing article ship can also take provisional admission to other correspondence course before deceleration of the result.
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i didnt get the results to my satisfaction.
in this case, wat options are ther for me to ask with the institute?
whter i have to apply for re-totaling the paper by paying Rs.100/- per paper or
i have to get my papers and verify it and then to apply through letter reporting discrepancies under Regulation 39(4) of CA Regulation, 1988?
please clear ASAP.
This Query has 4 replies
Please describe in details the procedure to compute TDS to be deducted of a new employee in a private limited company, having salary income from ex employer as well as current employer, besides business income and income from other sources.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Revaluation of fixed asset