Can a Director of the Company can get deduction from his gross salary of Rs. 15,000/- as medical bills reimbursement, Rs. 9,600/- as travelling allowance and Rs.1200/- child education allowance while filing the return? is it compulsory to have above allowance in salary structure?

Hi,

I recently registered with CA course as DIRECT ENTRY and searching for an articleship in hyderabad. I'm trying to get but many of CA firms are refusing me reason I'm DIRECT ENTRY student

Please help me to get an articleship in hyderabd.

My mail id is vemoorisan @ gmail.com

Thanks.

Srinivas

Hello Sir/Madam,

Will you please suggest me that how to get the CA Final RTP's for last 10 years, because in the our CA Institute Website it was not available.

Thanking You.

Sir,I want to do CA but I couldn't fill the forms of CPT before and couldn't register myself.I want to appear in the june exams and don't want to wait till december.So ,can you please suggest me a way for that.
thank you

In case of a builder we have to calculate borrowing cost.
In this case a project is completed in mid of the year and all other projects are running projects.
Then we have to calculate the borrowing cost for all projects, but the question is about completed projected, borrowing cost will be calculated for which period for whole period or only uptill the date of completion of project.
note:
1. sale booked for all projects at the end of the fin. year.
2. expenses also debited after completion of the project as bills came late.

please guide me immediately.

executive directors is offering management consultancy services to the company for which he raises separate bill. Would the company liable to pay service tax under reverse charge mechanism?

we are a company making payment to a individual cab services,
he is charging service tax @ 12.36*40%-4.996%
and we are directly paid (inclusive of ST) the total amount to the service provider and we claimed cenvat credit for the same.
but as per reverse mechanisam we have to pay the service tax.

what we have to do now,

please suggest me.

Hi friends,

greeting of today,

I want to know IFRS is now applicable to India with converged system and also I went through with notifiaction of phased manner...but i am confused about whether insurance co..listed co..already adopted converged system or waiting for MCA notification...pls solve this query ...what is current status of IFRS in India...

I have deducted 10% TDS & paid to the government on the basis of Proforma invoice & file my TDS return. but the vendor has issued the bill of less amount.
What to be the next step...!

Example :
I have dedcted Rs5000.tds where as as per tax invoice it comes Rs.3000.I have paid 3000 to government & it was first & last transaction with the same vendor.

Please suggest

Hello - I am working in IT company. We have bought multiple assets in FY 2005-06 and onwards. We have taken input VAT credit and shown as receivable in our books.

Now out of those assets we have sold few, Do I need to reverse the VAT credit taken earlier, if yes, what would the entry

Thanks and Regards,
Pankaj