I have a query regarding valuation of plants as closing stock. One of our client has replication project of banana plants but we are facing problem regarding valuation of closing stock because standard is silent in this issue, so please clarify that it will cost or market value (whichever is lower) or as per management valuation.

Please tell me the A.O. code and Ward for private salaried person in bhopal for income tax purpose.

Is there any disallowance, if tds is not deducted on advances

Dear All

we Purchase Raw Material for R&D Purpose. Pls advice we have claim set-off input vat from output vat

Pls advice ?

Regards
Praveen

Dear Sir/Madam
I want to know how to show amount deposited by Service Receiver under Reverse Charge mechanism in Service Tax Return of Service Provider. Is should be Shown as Exempted Service for amount of ST deposited by Service Receiver or not ?
(If Gross Value is Rs. 1000 and ST is Rs. 123.60 under Works Contract Service Provider Liab. Rs. 61.80 and Service Provider Liab. is Rs. 61.80, how to show this amount in ST3 Return ?)

Respected Members

We are distributing actual mobile headset ( Costing between Rs. 1200/- to Rs. 1600/- ) and digital camera ( Costing between Rs. 3000/- to Rs. 4000/-) to our distributors allover India on achieving certain sale target. Should i consider it as sale promotion or gift or Commission on sale.

We have around 20000 distributors all over India.

Dear Members,

Whether the unlisted public limited company borrow unsecured loans from private limited companies.Some of these may be related parties while few other unrelated.

Does it attracts non compliance under section 58A? In case yes how to rectify this default.

Thanks in advance,

one of my client having FDR interest of rs. 55000/- in f.y. 2012-13. she is a senior citizen and after awailing all the deductions available under sec. 80 c to 80 u, her tax liability resulted in NIL. i m in dilemma whether ITR 1 or ITR 2 should be filed in her case , as per new provisions?

BA is simple and scoring chapter, but am getting confuse with each some due to the loading part. and which are the cases should we consider this.

Sir,

Iam having following 2012 editions CA Final books

Accounts –MP VIJAY KUMAR
SFM- Pattabhi,bala
AS-Rawath
Claw-Munish bandari
Auditing – saravana Prasad


Is these books r sufficient for preparing or else.
Or
To the above any additions to be collected
Or
Going for new books.


Pl. suggest me

Regards,
G Ramesh babu