Can anyone suggest me what are the advantages or disadvantages of taking COP. And I am an employee in a ca firm but my future plan is to go in a corporate sector. So will it be worthful to take COP?

Experts pls suggest!!!! Institutes for acca in chennai or faculties for acca

Dear Expert,

We are providing event management services for which we billed to our client for our services and includes expenses done for providing services as pure agent. Now we want to know whether reimbursement expenses charged by us in invoice will come in income side or not. whether total bill including reimbursement charges will be calculated as our turnover for Tax Audit.

Eg. Reimbursement charges 9,00,000/- and our commission 1,00,000/- Total bill 10,00,000/- Whether 9,00,000/- recovered has to shoe in income side and whether 10,00,000/- total amount to be count for tax audit or 1,00,000/- only

can any one explain the concept of reverse service tax ...

KEC is proprietorship concern supply manpower to DPS Ltd. HCC is also a proprietorship concern supply manpower to KEC. During January - 2014 HCC raise a bill to KEC of Rs.12,37,080 including service Tax of Rs.37,080. In the same month KEC raise a bill to DPS Ltd. of Rs.15,46,350 including service tax of Rs.46,350.

What is the service tax liability of KEC in the month of January - 2014.

as per section 23: GAV is the higher of (1)ALV and (2) actual rent RECEIVED OR RECEIVABLE during the year. How should we interpret 'Received or Receivable'? Does it mean (1) Earlier of receipt of accrual? (2) accrual basis or receipt basis depending on method of accounting followed by the assessee? (3) or rent pertaining to the relevant previous year , whether received or receivable? Example: If my rent income is Rs. 10 per month and I receive Rs. 180 during PY 13-14 which includes Rs. 60 advance for PY 14-15. How much rent should be included in GAV for PY 13-14? Rs. 120 OR Rs. 180?

when one time placement fee is received from client...in which head of account is this taken

please anyone let me know..if advance salary is given to employee before paying actual salary..comes under which head of account
and when actual salary is paid..after deducting advance..how is this treated

hi..my sister had applied for Pan in 1999..she got pan card...but she has not filled any return up till now.. From last two years she is working in a co.where her tds has been deducted on salary.. last month she tried to check her 26as..and that time she realised that the same pan has issued to different person and this person is filled return regularly..and her details shows no record found.. pl advice.

one of my client had entered into land development agreement with a builder to construct apartment on flat sharing basis. what will be the methodology for tax liability computation and how will cost of acquisition be computed.