Sir,
I was sold land for Rs. 30,00,000 and deposited this amount in my SBI Bank Account. I also have saving account in union bank.
I was purchased REC capital gain bond by issuing cheque of union bank account. Because i also have a balance of Rs. 30,00,000 in Union bank A/c.
My question is :
Is it necessary for me to issue a cheque from SBI to purchased REC bond?
Can I purchase a bond by issuing a cheque from Union bank?

Please suggest me.....

Dear sir,
could chartered accountants pay service tax on receipt basis.... if he pay whole service tax amount on receipt basis.... will it be acceptable under service tax provisions.....
Thanks in advance...

What is the most preferable way to account Insurance Claim received ??? Shall it be shown as income or be reduced from the insurance expenses ??

Case :A ltd. paid Rs. 25,500/- as insurance for car on 02.04.2012.The car met with an accident & a claim of Rs. 10,200/- was received on 12.12.2012.Further, repairing expenses did amount to Rs.21,000/-. What should be the most appropriate accounting entry???

Quick Reply requested

Sir,
I wanted to revise the return for the Quarter April to June 2012, due to some wrong filling of data.
Can i revise the return for the second Quarter now?

What is capital redemption resrve? Why and When it is to be maintained? used for what purpose? whether its free reserve or not?

I have cleared my 1st group of IPCC in May 2011 and 2nd group in May 2012. Please guide me the date by which i have register with the ICAI for CA final as my attempt is May 2014.

SERVICE TAX ON ADVERTIMENT HOARDING & PRINTING CHARGER IS THIRE EXEMPT FROM 2013-14 IF ANY NOTIFICATION PLS BE REPLY THAT NUMBER

Can we take Anti Dumping Duty Credit,if not Why and which Notification

Dear All,

My dear brothers, I require C M A Data file (Assessment of Working Capital Forms) to be submitted to Bank for availing Working Capital Loan. Please any one have, you may mail me to kamalsot@in.com also any guidelines is available you can send me.

Regards,
Kamal Sabari

Dear All,

Please let me know, what will be the entry in the month of August during monthly closing, if we have to reverse provision taken for bonus at the time of year ending i.e. 31st March. Bonus has been paid in the beginning of August month itself.