my client give guarantee of his plot in surety bond when taking TIN no. of his relative , now tax demand raised under assessment by department and same plot my client have mortgage to bank for taking loan .
how to safe client assets if guarantee invoked.

in surety bond there are clause not mortgage /sale/donate the same asset.

please guide me what liability possible to my client .

Dear Sir ,

Kindly provide me information for TDS % u/s 194H for Brok-rage while payment ?

Kindly explain.....

Can anyone tell me the complete knowledge regarding Industrial Training ?

Hi,

I have a query regarding purchase entry for purchase of services. We Buy Services which has 12.36% Service tax and sells the same and take input credit while paying service tax.

The Typical Purchase invoice is like this:
amount: 10000/-
Service Tax : 1236/-
Total: 11236/-

So my purchase will be 11236 or 10000? Also can somebody give a sample entry for the same?

i red a notice on icai's official site that from 12th august, students can fill up the forms for their november 2014 attempts of ipcc or ca final..
but, the result date is not declared yet.since ca final results are declared, those who have failed, can fill up the form.
my question is, i have given ipcc may 2014 attempt and I'm not so sure that i will pass...since result date is not declared, & if i fail in this attempt, then when should i fill up the form??on the last date??

every time, first they declare the results of ipcc n then after 2-3 days, they make the forms available..so i'm confused n scared also..

What is the accounting entry for conversion of stock in trade into fixed assets?

How profit & loss account will be affected by these entries??

The NRI has sold shares and mutual funds here in india which is a LTCG (paid stt) so exempt but my question is should i calculate gain in foreign currency and reconvert it into INR or direct calculate it in INR???

When icai will announce suggested answer for ipcc may 2014??

What is provisional DIN ? In what circumtance provisional DIN is given?

husband taken loan of Rs.2 lakhs to purchase property in the name of wife worth Rs.6 lakhs. Now can wife claim the transcation Rs. 2lakhs as GIFT from husband in her B/sheet ?