Article-ship period - 3 years or 3 and a half years?
When is my CA Final Attempt
Cleared IPCC group 1---November 2012
Registration of Articles 28-03-2013
Final Attempt?

I havent completed GMCS 1, till date nor any batches till my first year gets over. When should I do my GMCS-1?

one of friend invested in shares Rs. 50000/- but he made loss almost of Rs. 19000/- . he is filing IT return. and he is not coming in that slab to pay slab. (I T will be nil).. so how to show the loss of share investment.

he is making salary income, SB int. income and dividend income.

what is the requirement of issuance of C form ? i.e.when a C form can be issued by registered dealer ? and for purchase of which material, C form can be issued and not be issued ?

Is it compulsory that only Principal should sign the exam form or any other member of ICAI will do. Also note that my articleship has not yet completed.

My articleship started from 26.11.2012,now I want to take a transfer. Can I do the same? What is the procedure to be followed?

Dear Experts,

if individual perform a consultancy to his foreign clients, against services how he will the receive the consultancy charges from his clients to his own account.

Pls let us know the process of the same.

Thanks

Hi,

Can some one help me to find out the accounting treatment for the investment in mutual funds,

at present I'm carrying the value in balance sheet at cost method and recent statements show a significant drop in the NAV. Should i follow the IAS 39 and account these on fair value method?

thanks

hello sir, we are having manufacturing unit in SEZ, we are purchasing ine machinery from Dehli and that supplier will raise Retail unvoice or Tax invoice. we SEZ units are fully exempted of Taxes and excose duties. pls revert soon. thanks a lot.

If an individual is liable to get his accounts audited u/s 44 AB ,then he is required to deduct TDS.

Supposing the individual is carrying on business for which tax audit is required u/s 44AB.He has borrowed a loan amount of 300000 and interest is to be paid .But this loan has not been borrowed for business purpose instead it is borrowed for personal purpose.
That the liability does not appear in the financial statement of the business concern. Then should the individual Deduct TDS on the interest payment or it is not required????

since the liability appears in personal financial statement

thanks& regards

Sir

I am working in Hospitality sector and Our company is providing Mandap keeper service .

They used to bill the client cumulative amount for renting of banquet hall and supply of food.

So I wants to know how bifurcate that bill amount and take the tax(ST and VAT).

Let say our company charge Rs 100000 from client inclusive of taxes now what will be the income part and tax???????

Please reply asap.

Hurry

Sunny Tanwar