If a partnership firm has 3 partners, one of whom is a non-resident having (among other assets) cash in hand in india of rs. 75,000, then shud rs. 25,000 (in excess of 50,000) be included in computing the wealth of such partner or any other amount ?

If a building has been constructed on a land without the approval of appropriate authority, then:

Q1) What will be the status of land and building for the purpose of inclusion in computation of wealth ?

Q2) What will be the status of the same building if it is being used in the business by the assessee

How to find out value of call option by using Black scholes method without using logorothimic table particularly to find out Nd1&Nd2 value when standard deviation MEAN values single & two tails are given in question.

Hello,

Can anyone please share short, sweet, concise and summarized notes for ca final law which can serve the purpose of Last minute revision before exam.

Like the members eligibility under various sections to apply for relief or like important points.

Would be of great help if anyone can share such file.

Thanks in advance!

sir i got exactly 60 marks in auditing and assurance and 51 in advanced accounting or 33 in it/sm. and in my marksheet it shows F-EX. my query is that am i exempted from audit paper or not???? and what does F-EX stands for???

Dear Sir/Madam I want to do CA Course, iam completed my B.com with 59%, I heard that direct entry for bcom graduates,and when we can do articleship, is it mandatory,

Doubts:
1)first i want to complete my IPCC first group, then only i want to join for articleship,(if its possible)

2)if i register now then when iam eligible for write ipcc exams,

3) after completion IPCC-2 groups then only we are eligible to do aricleship ?

4)if iam complete my IPCC, then when i will be eligible to write CA final and what is expected and proved, time for complete CA final...

please clarify my doubts, iam waiting for your Positive and helpful reply

Yours Student

Srikanth

Dear Sir/Madam

I want to do CA Course,
iam completed my B.com with 59%,
I heard that direct entry for bcom graduates,and when we can do articleship, is it mandatory,

Doubts:
1)first i want to complete my IPCC first group, then only i want to join for articleship,(if its possible)

2)if i register now then when iam eligible for write ipcc exams,

3) after completion IPCC-2 groups then only we are eligible to do aricleship ?

4)if iam complete my IPCC, then when i will be eligible to write CA final

and what is expected and proved, time for complete CA final...


please clarify my doubts,

iam waiting for your Positive and helpful reply


Yours Students

Srikanth

Sir,

I have filed efiling I.T.return A.Y.2012-13 dt. 24.09.2012 and C.P.C, bangalore ITR V - Received 3.10.2012 and claimed refund that year for my Friend. My return and 26 As Amount was tally.My Friend have not received refund till date. I have spoken several times in CPC by Toll Free number. They told me the return is under processed.They have no response. But my friend return filed after the filing and return more people are getting their money back. So please kindly request you to find the solution and give the remedy and and also request you to give the finance minister email.id.

Thanking you
V.DAMODARAN

PAN No: AUFPP0460L
NAME: BAKKIAM

Dear Sir,

As per company policy any leave balance eligible for encashment is paid to the employee based on the basic pay (Basic component of CTC).

However for Actuarial Valuation per AS15 we are supposed to value at Gross salary.

Query

If the company carries the provision at gross and pays at the basic rate the provision will always be more. Legally is it ok to do that way. Are we supposed to pay the employees also based on Gross Salary ?

Ex:

Employee A has 10 Days leave to his credit for encashment.
His basic pay is INR 100
His Gross pay is INR 150

Per books the provison we make is for 1500 but if he leaves we pay INR 1000 leaving 500 still in provision.

Is the company supposed to pay INR 1500?

Dear Members of CCI,
Our client has paid service tax on an advance collected from his client. Now he is adjusting that service tax paid when raising invoice and charges only for the balance.

For Eg: He collected advance of Rs10000/-on 01/04/2012 and paid service tax of Rs1236/- and also filed return.
Now in 05/07/2012 he raises an invoice for Rs.15000/-. Service tax on Rs.15000/- amounts to Rs.1854/-.

Now he adjusts the service tax already collected against Rs1854/- thus he collects only net service tax of Rs.618/-from his client.

In this case when i am filing return for July 2012 to Sept 2012, how much should I show as taxable turnover(Rs.15000/- or Rs.5000). How and where to adjust the advance collected and service tax paid on the same.

The latest utility from ACES has following places to fill in "Paid Quarterly Service" sheet. How to fill the service tax paid in this sheet.?
1. as cash
2. as cenvat credit.
3.by adjustment against as per rule 6(1)A 4.by adjustment against as per rule 6(3) 5.by adjustment against as per rule 6(4A) 6.by adjustment against as per rule 6(4C) 7.by book adjustments. Kindly clarify my doubt.