A company is providing 2-3% of provision for doubtful debt in past years but estimated that there will be bad debt of 6% on credit sales for the current year. It made a provision accordingly after analyzing the credit worthiness of the customers.whether the company has prepared the financial statement in compliance with
accounting standards? please clearly explain the provisions

I have filed form IA and same was approved under old act. Can I file Form 1, Form 18 and Form 32 alongwith relevant documents and memorandum as per old law for incorporating the company or not.

Dear Sir,

Please help me by clarifying a query...

whether cladding work come under the definition of works contract ? Will notification no.24/2012 be applicable to this type of contract? and is there any change in applicability of the above provisions, if the service provider obtains material bill from suppliers in the name of Service receiver and Service receiver initiates direct payment to material suppliers...

Thanks and Best Regards

Sajana E V

Dear Sir,
I cleared My both groups of IPCC in May 2013. I want to know last date of Registration of Articleship for appearing in May 2016 Final examination.

i want to ask that if a person enters into an agreement with a developer that he will provide his land to the developer and developer will build flats on it provide right to the person to sell 10 flats on behalf of builder and only the sale value proportante to land cost is transfered to persons account and rest in the accounts of builder in that case who is liable to pay service tax and whom shall furnish his service tax registration number

Kindly let us know whether the interest u/s 234A, 234b and 234C is applicable if the assessee has to pay Alternate Minimum Tax (AMT). Kindly advise us with case law.

Sir I am a government Employee.
I am possessing two PANS.
I have given Old PAN to my employer in the beginning of F.Y. 2011-12 an tax is deducted and credited on that PAN. But After completing of 4 to 5 months, I have given new PAN to my employer and from then TDS is credited to new PAN.

I have filled my Income Tax Return for the A.Y. 2012-13 by entering a New PAN.

I am in receipt of a Demand Notice from Income Tax CPC Department, for payment of net tax for the A.Y. 2012-13.

DO I NEED TO COMPLETE COMPUTER TRAINING AND SIP BEFORE GIVING EXECUTIVE EXAMS OR AFTER EXAMS?

If a service provider has not filed service tax return from July 2012 to September 2012 but has paid his service tax then will he be eligible for VCES scheme?

DEAR ALL,

PLEASE SUGGEST ME FOR BELOW MENTIONED TOPIC...

ONE OF MY CLIENT IS MANUFACTURING MACHINERY AND WHICH IS EXCISE-ABLE PRODUCT ALSO I.E. THEY ARE PAYING EXCISE ALSO. NOW THEY ARE GIVING ON RENT THIS MANUFACTURED MACHINERY TO THEIR CLIENT AND AFTER SPECIFIED PERIOD SUCH MACHINERY HAS BEEN RETURNED.

NOW WHICH TAX TO BE LEVIED AND WHICH TYPE OF INVOICE TO BE RAISED AT WHICH POINT OF TIME? GIVE ME IDEA ABOUT FORMAT OF INVOICE ALSO....


AWAITING..... FOR EARLY REPLY