my client has sadi show room from many time.last year he audited it as its t/o was 72 lac. now he also started one business of trading of edible oil last year i.e 12-13
and its T/o is 1.7 crore & it has loss of 7 lac and he will shut down this business in13-14 but his main business i.e sadi show room has 60 lac T/o and has profit of 5 lac. now what to do ?

he has to audit both the firm or
can he carry fwd his loss

which is the type of method of accounting ?

I want to sign the balance sheet at an individual name. Can i sign as I have not applied for firm name yet and if i would apply it would not be entertained by ICAI with in 10 days.
Can i sign the balance sheet at individual name? If yes, Then how the name will be appear of the auditor in the audit report as the firm name we write as

XYZ and Associates
Chartered Accountants
FRN

XYZ
Partner
Mem No

How the individual should write when he sign the balance sheet. And how will I fulfill the requirement to write FRN while signing the balance sheet and what are the requirements to file in ROC for accepting the audit for an individual as it is necessary to quote the FRN no in ROC forms?
please guide me

HI. I am hearing impaired (Profound hearing loss). So I want to know which one is better for me : MBA, CS or CA or CFA or ICWA? I am keeping CA & CFA as last option as it takes many years to complete. please reply.

in my 3rd semester exams, I secured seventeen(17) marks And when I filed for rechecking answer sheets it revealed that I had actually secured seventy(70) marks which was incorrectly posted as seventeen ( 17) in my mark sheet. it took 4 mths for the university to correct this error in my mark sheet. I want to sue them for defamation charges as it hurted my image in public. whether I could sue them just like a account holder can sue his bank for wrongly dishonouring his cheque despite of having sufficient balance as I was also incorrectly failed despite of obtaining sufficient marks?

I am a company secretary professional year student appearing for CS exam this december 2013 module 1 and module 4. Can any expert clarify me whether companies act 2013 is applicable for December 2013 exam. If yes, to what extent?

What are the updates to be known before appearing for the upcoming CS december 2013 exam?

Thanks and regards

Shilpa R

Hello sir

we buy imported goods in indian custom auctions and sell in market. i am a trader
now i bht 60 tonn of Polyproplene. and i wanna sell it to another person who is having excise unit in gujrat. if i sold him this material then can he get modvat benefit ?

pl provide solu

weather interest on vat allowAble expenditure under pgbp

Can ITT be done after result of IPCC? I mean ITT has to be done before articleship. That's the only rule for ITT and Orientation? Right? Please respond for the same. Thanks!