Dear Sir/Mam,

A car is purchased by our company but it is in the name of Director as follows:

Mr. ABC
C/o PQR Pvt. Ltd.
A. B. Road, Indore

Whether Depreciation can be claimed U/S 32 of Income Tax Act???

Thanks

Can any one share with me draft format of letter to be submitted to RBI for condoncation of delay of export bills outstanding for more than 1 year.

I have purchase a flat in indore Madhya Pradesh a sum Rs 2500000 and registration valve of the property is rs 2650000.

we have paid rs 1500000 in May 2012 and balance Rs 1000000 was paid in March 2014. Property has been register on 31st March 2014.

we want to know applicablity of VAT tax , Service Tax and Capital Gain on such property.

kindly provide me a best suggestion.

Thanks & regards

Hi,
I have registered for my Articleship on 6/01/14 but till date I have not received any acknowledgment from the institute regarding the Registration. Please help me in this matter.

Regards

1)HOW TO AUDIT FINACAL SOFTWERE
2)WHAT THINGS SHOULD BE CHECK IN CONCURRENT AUDIT

PLS. SUGGEST ME TO WHAT DO IN THIS Audit??????????

Hi sir,

This is regarding my CPT Registration number, i need your help in knowing the cpt registration no. please kindly assist me with this.

I am unable to acquire the registration number. Please suggest me a way.

seeking a positive response from your end.

your faithfully,
Badal Devhans.

Dear friends, Its pleasant moment for me to lay my question among an educated body,

Question:-

XYZ limited is in woolen business, it have approx 1000, sheeps both male and female, company get the sheep hairs from its own live stock as raw material and than convert the same in finished product as “sweater” and other woolen clothes.
Company do supply to wholesalers and dealers via its own transport have some land conveyance such as trucks, lorries and other live stocks as MERE, HORSE, ELEPHANT, and CAMEL to supply the final products at hill stations and in tribe areas where the land conveyance not available.

NOW question arise…..
1 How we can treat the sheeps (male and female) and their kids in books of accounts, are they as stock or assets for company ?
2 What is the accounting treatment for the transportation mode as horse, mere, elephant, camel and their kids, are they fixed assets or stocks (as capital item or revenue items)
3 how we will treat the milk and other byproducts dung etc of all the live stock as sheeps, mere, elephant, horse, and camel

Please help me to get the suitable answer in the light of accounting standards, company or other laws.
If you need further clarification than please let me know


Thanks & Regards

Syed Jamal Haider Zaidi

Dear Seniors,
I have bought Law(CA Final) study material & practice manual which is applicable for Nov'14. But, when I go through it, there were references given of Companies Act,1956 through the entire pages.There are references of Sections of Companies Act,2013 & that of Companies Act,1956 in the initial pages of the book.
I want to ask what sections should we mention in answer sheet ? Which reference of section should we give ? Either of Companies Act,2013 or of Companies Act,1956 ?
How to proceed while studying syllabus of Law with reference to the provisions made under sections?

Previously I had also gone through annoucement made by ICAI in this regard,but,still want to get clarity in this regard...
Thanks in advance
Waiting for reply...

WHILE DOING THE PRE-SCRUTINY THE ERROR DISPLAYS AS "THE FORM VERSION YOU ARE USING NOT A LATEST VERSION PLEASE DOWNLOAD THE FRESH FORM AND UPLOAD IT" AND AFTER DOWNLOADING THE FRESH FROM THE MCA SITE AGAIN THE SAME MESSAGE IS REPEATED. WHAT WE SHOULD DO TO SOLVE THE PROBLEM. PLEASE GUIDE ME.

As per the definition of Captal assets as given in section 2(14) certain assets are not treated as capital assets for e.g. agricultural land.

To save from capital gain tax let us know where an individual has to purchase an agricututal land.