1. The borrower group is habitually diverting the funds arranged under one entity to the proprietor or to the other related entities disregarding the conditions of the sanction.
2. The repayments under one credit facility have been made by using the borrowed funds under the other facility/entity.



Q. On the basis of diversion of fund Account is NPA ?

pls reply (brijkishor@vkgc.com)

Thanks
Brij

Dear all,
i have a query regarding the direct entry scheme .iam a bcom graduate .my last semester result is pending.Shall i want to wait until my graduation result has come ?? is there any option available to register for the direct entry

Assessee gross receipt from eligible business is 15.00 lacs (all receipts through bank) and expenses are say 10.00 lacs (all expenses through bank). Is it possible to still show a income if 8% i.e 1.2 lacs or will he have to calculate his income which would be 5.00 lacs.

last year closing balance its not matching this year opening, kindly let us know how to match

Thanks
patil

Dear Sir,
As per Mega Exemption Notification Point No.13 refers costruction, Repairing, erection, fitting out of Road, Tunnels, Brides, Terminals for transportation of roads for general public will be exempt.

Is Any Road making other than Govt. Company such as road making within a housing complex or within a factory fail within the above definition?

I mean any private co. construct or repair a road within a housing complex, school or factory get exemption rule 13 of 25/2012-ST dt. 20-06-2012?

hi
could any1 please provide me final CA may14 series 1 and 2 question papers with solutions.

Sir kindly detailed me difference in the limit as mentioned :

1500 rs in a single goods carriage
750rs for a single consignee.

Thanks in advance.

Hi Sir/Madam,

Our company has Input Tax Credit of Rs.170,000 on the start of October month,
we had ST payable of Rs.100,000 in the end of december(No Payment made),
and atlast in the month of march we had input credit Rs.100,000( without Payment), Rs.200,000( If we had paid it in october ).

So, Please clarify whether we need to pay tax for Month of october with interest (Or) Only Interst for payable amount.
If only for the amount payable , Please clarify me in period for calculating interest payment

We have a Building of 2 floors,
for this
maintainance charges for
2nd floor rs 13,667/-
they are paying by deducting of tds @ 2% ?

so, how i caliculate the mainatainance charges ?

if we add 2% tds to total maintainance charges ?

if we add 2% we have to pay tds to govt ?

Respected Sir,

I have done my graduation (com.) in 2001. But After graduation, I am working as a office clerk. My salary is not enough to meet the present days basic needs. So I have applied for accountant post in a well established school. Sir, My quiery is about to know the duties of accountant in a School. What one should know while facing the interview board of School. What are the different aspects and knowledge one should take in mind while preparing for the interview.
Presently my work duties includes maintain stock register, physical inventory verification, filing work, Cash payments, Typing work, other clerical duties etc.
Sir, you all are requested to help me in preparing for the interview for this golden opportunity. Thank you

rakesh225272@gmail.com