as far as i am aware software companies enter into time based contracts wherein bill is charged for time spent into pre fixed charge for a time unit....but in that case how do i audit the no of hours spent? how do i determine genuineness of hours billed....since to increase the revenue every company will try to bill for more hours....urgent reply is highly appreciated thanks in advance....

Dear experts plz tell me revenue recognition criteria for Software Companies? What kinds of contracts does a software company enter into with its clients? plz reply urgent Thanks in advance

I have registered for IPCC november batch.till now I havent recieved my cpt result card bcoz of which I could not send the attested copy of the same..will they allow me to write the exams on November?please guide me.

Dear Sir,

I have purchase flat and Builder asked me to pay flat amount with Service Tax @ 3.708% He also inform me that to deduct 1% TDS on the Total amount of Flat plus service tax. Is there really I have to pay TDS on both amounts, please clarify.

Thanks & Regards,
Dipak Bhatt

We are installing new P/M to increase the production. Service tax has bee charged by contractor for installing the same. Whether such service tax is eligible for credit & if yes then when??? we have not used that P/M yet

we have filed a nil service tax return for the period april 2012- june 2012 on 23-11-2012 which was rejected by the department. we filed a rectified return on 01-08-2013 which also got rejected. on 25-09-2013 a return for the same period was filed which was accepted by the department. however on scrutiny of ST3 returns filed for the said period, we received a notice asking us to make payment of late fees of Rs. 20000 for delay of 220 days in filing of return for the period april 2012- june 2012. can the

I am doing ca articles, while i am doing audit, i noticed that my client company deduct tds on rent for 6 month but not deposited , so there refunded that deducted amount to the rent onwer , it think it is not happen , it is corrent or not?

Is the 3 yr LLB Course Of DU Faculty of law worthwhile to pursue after completing my CA.?
What are the career-wise prospects of taking this course.??
Also,advice about any other such course which can be career boosting for me as i wanna work in legal profile after becoming CA

respected sir i am a final student S.Raviteja ,i already applied for final may 2014 and in application i mistakenly applied for VIJAYAWADA instead OF GUNTUR. Now i want to correct my mistake by changing my exam centre.Suggest me how to proceed in order to change my exam centre. Thanking you.

Suppose if a person incurrs expenditure of 35000 ....& tell the supplier to make 2 different bills of 17500 each & makes the payment of 35000 in cash in a single day ....whether it is allowed or disallowed ???.....In my view ...it should be allowed as it is against 2 different bills