During the F.Y.2008-09,due to omission or non availability of documents,a pvt ltd company(Builders & Developers) has not recorded sales of Rs. 4400000. And a part payment was received in that year for that sale which was shown as advance received in that year. now is it necessary to revised the return or we can show it as sales of current year i.e. for F.Y.2009-10. The return of such company is already revised once.

can anyone recommend me books for CS Executive program which will be helpful to me in CA Final.

Dear Experts,

I would like to have your expert opinion on the Following issue :

As per the notification no. 3 dated 27.02.2010, The Government amended the definition of Vocational Training institute & restricted the same to "Any industrial training institute affiliated to the National Council for Vocational Training, offering courses in designated trades as notified under the Apprentices Act, 1961 (52 of 1961).

I do have the query that whether we are "LIABLE" for service tax as per following :

1. We do provide the education for certain courses in Hospitality, Beauty & Multimedia and issue the diploma / certificate at our own as VOCATIONAL TRAINING INSTITUTE.

2. We are not recognised with any university etc.

3. We do have given the franchisee's in some cities.

4. We do have the Master franchisee of a foreign Company.

5. The courses of our institute are similar to those as approved by NCVT under the "MES Courses. Can we claim the exemption

6. In case we are liable to Service Tax, then how the liability will be calculated, as per following date :

a. We do have the gross receipts till 26.02.2010 of Rs. 16 Lacs and from 27.02.2010 to 31.03.2010 of Rs. 8.65 Lacs, Can we claim the Basic exemption of Rs. 10.00 Lacs.

b. In the current year under consideration, whether we will be able to claim the exemption again.

c. In case our gross receipts exceeds the basic limit, do we have to pay the service tax from the very first coin we have received or we can claim the exemption again.


I 'll be very greatfull to all of you, if you people could help me out.

Regards

Somesh Goyal

CAN A PARTNER CAN BE ONLY FOR PROFITS.....?

Is any one provide me the objectives of gcl which carry more than 20 marks... Plz reply fast respected member only 7 days r left....................my email id is sourabh_shri88@rediffmail.com.

MY ARTICLESHIP PERIOD IS GETTING OVER ON 30TH SEPTEMBER 2010.
I HAVE TAKEN EXCESS LEAVE i.e MORE THAN 180 DAYS

THAT MEANS I WILL GET EXTENSION OF APPROXIMATELY 3 MONTHS.

I WANT TO KNOW THAT WHETHER I CAN GIVE FINAL EXAMS WHICH IS TO BE HELD IN NOV. 2010

The books of T Ltd. revealed the following information.
Particulars- opening inventory 6,00,000. purchase during 2003-0434,00,000. sales during the year 2003-04 48,00,000.

on March 31 2004, the value of inventory as per physical-stock taking was rs.325000.The company's gross profit on sales has remained constant at 25%.The management of the company suspects that some inventory might have been pilfered by a new employee.what is the estimated cost of missing inventory.Plz explain this with clear and understandable steps.
Thank you!!!

BUDGET 2010 applicable for pcc nov.2010 exam????
If not but i still remember new rates and make calculation as per new rates in paper .i will loose marks or not???

Please tell me about best reference books for STRATEGIC FINANCIAL MANAGEMENT for CA-final course Paper-4

hello friends
my pcc attempt was due in may10 but i m not giving exams now..so if i give exams in nov will also affect my final exam attempt?i mean as per icai my training is getting over in jan2012,accordingly my final attempt would be may2012..so now that i hvnt given pcc exams..will it affect the due date of final exams?