Dear All

If Computer desktop is purchased on 15 june 2013-purchase/ invoice date and its value before vat is 32126.00 VAT @5.5 % is 1766.93 Total Value is 33892.93 and rate of dept under slm is 16.21 %.what is Dept amount and number for days to be taken whether 289 or 290 days? Should I take the date of purchase as per invoice date or date of delivery ? Kindly help

As a concurrent auditor of the branch,how do i check the clearing process?

i am developing an internal control system for a school. i am also developing n formulating strategies n procedures for accounting for the school. i would like to seek advice n help as to the integral parts i should take care of and how i could develop an efficient internal control system...

I m currently working in ca firm as an article.
bt this firm is only an audit specialised firm.
I want to do a job after my ca completion.
can I get a good job by only doing audit or shall switch to other firm.??

respected sir,
some banks are asking ca certified audited reports even for 5 laks over draft for business men.i want to know is actully from which amount of over draft banks required ca certified balance sheet?(as per RBI REGULATIONS).please some one may clarify

whether servicetax paid is debited in the profit & loss a/c is disallowed ? if yes under which section?

whether Tds paid debited is disallowed ?
(Actually this firm is not collecting any tds from payment. so tds collected not in their a/c. They just paying Tds to avoid disallowance of expenditure.)


waiting for reply

thanks.

Dear Sir,

Can a Private Limited Company provide temporary loan to it's sister concern companies..? Is there any violation in provisions of either Companies Act or Income Tax Act in doing so?

Thanks and best regards...
Sajana

Can any one provided me the checklist for delhi vat audit...thanks in advance

Dear All,

If a company (for e.g. A ltd) has transactions with other company (say, B Ltd.) during the years 2011-12 and 2012-13.

But in the year 2012-13, the above companies becomes Related parties and the same is not related in the year 2011-12.

So, while showing the AS-18 disclosure in the year 2012-13, the previous year figures is to be shown or to be written as nil as no relation was exist in the year 2011-12.


Please advice me

whether TDS paid is debited in the profit & loss a/c is disallowed ? if yes under which sec?


(Actually this firm is not collecting any tds from payment. so tds collected not in their a/c. They just paying Tds to avoid disallowance of expenditure.)


waiting for reply

thanks.