Hi, im an articled assistant and pursuing b.com (A &F)in IGNOU. It is ordered by ICAI that a student pusuing c.a can do only one additional course along with C.A and the during the time of joining articleship a form has to be submitted regarding the additional course so pursuing. I wish to quit my B.com and pursue C.S .Can anyone kindly help me out as to how can i inform ICAI regarding the change ...are there any provisions that needs to be fullfilled to change my additional course.Can i change my additional course????? please suggest me

Please Tell me in the light of provisions of New Companies Act 2013. Can a private company accept any unsecured loan from its members and/or directors? Whether the same comes under the ambit of Deposits as per clause 73-76 of New Companies Act 2013.
Reason of the Doubts.
Section 58A of companies Act 1956 specifically provides to not to include loan from directors and members. But as per me nothing contained in the current regime having clause 73-76 exclude the same.
Definition of deposits in the current regime includes loans in deposit.

Sir
Our client Manufactures Ready mix concrete and uses finished goods for self consumption also.
In this case how should be the excise duty charged and accounted for in the books ?

Can we make excise invoice for self consumption ?

Dear Sir

I am working in a company, manufacturer of Dairy and food processing capital plant on turnkey basis and single equipments/ machinery as per requirement under heading 8434

i was gone through above mentioned exemption of excise where 8434 is fully exempted without any condition.

may I deserve your explanation on captioned subject

I am providing services of Translation. The translation is mainly done from English to Hindi language and I have crossed turnover of above 10 Lacs.

I want to know under which head shoukd i register myself under service tax act.

Also provide me the accounting code for the same

Respected sir,
The assessee is a proprietor having business balance sheet comprising of Fixed Assets-Rs.50 lacs and current assets of Rs.50 lacs. The Capital is of Rs.20 lacs,Secured loan against Fixed assets is of Rs.20 lacs and Unsecured loans is of Rs.60 lacs.
My query is whether the assessee is eligible to take the deduction of Unsecured loans as a debt of Rs.10 lacs(60 lacs less 50 lacs of Current assets)while computing his net wealth?

Due to some unknown mistake, only my first name appears in ICAI records and in my marksheets etc. I want to correct that and include my surname as well... whats the procedure ?

Dear All,

I have filled ITR 1 for A.Y.2011-12 and there was a demand for Rs 40000/-. subsequently i have filed rectification online.The same was accepted. Now in the A.Y.13-14 there was a refund of Rs.500 and i have received a notice us 245 that your refund has been adjusted against outstanding demand and remaining demand is Rs.39500/-

Now how to rectify the same. Demand raised is not taxable and have already submitted rectification online.

What step should i take now???

hi sir...... my doubt is....when we raise invoice to a debtor....we include 'TDS receivble' in entry..... when we will have to deposit that TDS amount to govt.??
similarly, when creditor raise a invoice to us... we include 'TDS payble' in entry...... is the TDS payble will paid to creditor or to Govt.?? and when ew will have to pay?? plz help me sir.....

KINDLY MAIL ME A SELF DECLARATION FORM FULLY FILLED UP FORM FOR CALENDER YEAR 2013 SO THAT I CAN SEND IT TO KANPUR BRANCH OF ICAI FROM WHERE I HAVE BEEN REGISTERED