I am working as an accountant in a company ( Distributors of LED Tvs ) . In Company's Last year Balance Sheet, 2 LED Tvs, which were used for office use accounted as Stock instead of Fixed Assets and the same treatment still continues. Now i want to Remove it from stock and show it in my Fixed Assets. Since adjusting stock and Fixed assets accounts is not possible. My idea was to Put A Sale entry ( Like Company Purchasing those two LEDS This year @ Cost Price ). What other treatment wud u suggest ?

why expenses of income tax proceedings are allowed as deduction under the head pgbp

ONE OF MY CLIENT HAVING BUSINESS INCOME AND DIED ON 27TH FEB,2011 AND ALSO THERE IS TDS DEDUCTED FROM HIS INCOME AND HIS INCOME IS BELOW TAXABLE LIMIT.
HIS SPOCE HAS NOT CLAIMED REFUND FOR THE AY 2011-12.
WHOULD BE STILL ELEGIBLE TO FILE THE RETURN TO CLAIM REFUND AMOUNT??????????

dear sir
1) date of incorporation of pvt. ltd co. is 10th oct 2011, what is due date of 1st agm
2) if agm held on 31st dec 2012 and any documents not yet(4th apr 2013) filed what is late filing fee.

please reply need further suggestion
mail me@
ganpat.dashora@yahoo.com

R/ experts
I want to know. When will result of ca ipcc Nov 2012 verification declare
I gave. Application on 15 feb 2013

whether individual pension and family pension should be included for calculation of income tax for senior citizen women. Hope family pension comes under income from other sources.so it should be included right.? If both incomes are clubbed together then there will be IT.KINDLY CLARIFY

Respected Sir,

Please, provide main & ancillary objects of company having object of manufacturing of tools of all kinds.

i want to know that can we take credit of service tax on reimbursement of expense even if invoice is not on our name? legally.

some of person said that we cannot take credit because invoice is not on our name. is it correct?

please help to clear my concepts.

Thanks

Hi,
Dear Experts,

I did clerical mistake in quoting pan no. in tds return of Qtr1,2011-12.
Thereafter, I filed a correction statement rectifying the wrong pan.

Now, I have got a notice from deptt demanding tds @20%.

Please advise me what should i do.

Thanks,

sir my atempt of icwai final grp 3 is in june 2013 plz guide me how to prepare in short tym