Friends I have cleared my first grp. of CA Final and thereafter i have tried 3 times for the 2nd grp. but could not succeeded. In my first 2 attempts i was not fully prepared but i have got around 170-180 but this time i was fully prepared and my exam was also good and i was sure for the success this time. But i could not believe when i checked my result yesterday.Because after 5 months of hard work i managed to get only 146 and at the same time my friend who has taken a leave of only 15 days has managed 185 and his syllabus was also not fully completed. Now i am in frustration and wondering what should i study further as i have fully completed the syllabus of costing ,ISCA , IDT and 70% of DT. I am also afraid that the same story might be repeated next time .
i think something is wrong with me due to which i have not been able to cross the barrier of 200 marks.
Friends please suggest me as i am in deep frustration and dont know what to do
thanks!

dear sir
an assessee has commission income of Rs400000 if it show as gross receipt= 400000, grossprofit= 400000 and also net
profit=400000 witout show expenses.his tds deduted is Rs 40000 and he have to pay tax
of Rs 24000+cess. sir is any way to save
his tax burden, this is happen because he has no any books of account or expenses record but this is a huge tax burden, any practical advise please send me sir. MY E-MAIL ADDRESS malaydas5275@gmail.com.
My most of the cases in same way

Hi All,
I am a MBA(PGDM) working in one of the big 4's firm. In future, with the aim of continuing education, can any one please tell which course should i go for CA,CS,ICWA or IFRS? i know that the first three course becomes difficult with your continuing job but I am ready to spent time on it too.

Pls suggest!!

dear expart
any intarest paid on car loan is treated as expenses, if car is used for the business? advice me sir, thanks

DEAR SIR
my client is manufacturer of power saving devices they generally take up projects to identify areas to reduce energy consumption [free of cost]

subsequently
they supply all the equipment's to user free of cost and recover the cost through the savings achieved over a period of time 3 years at the end of 3 years the material belongs to the buyer in this scenario my client raise a v a t bill on monthly basis

however since the memorandum of understanding is made before the supply of material some of their clients have deemed it to be contract & deducting TDS @2% on all their bills though my client does not mention about service tax or service bill anywhere in the bill

since their input is already there in the material procured to manufacture and supply it is deemed to be under v a t
but their client is misguided & is continuously deducting TDS

how should this be stopped
since this reflects on their 26AS form

And how will the service tax department treat this [will they accept it to be a mistake of the customer]

how will the income tax department treat this

please explain in detail

Hi..I am CA having 3 years working expirience in Industry in Finance Dept.

I want to know value addition after joining MBF conducted by ICAI in monetary terms as well as knowledge terms.

If person having two house properties one in Thane & another in New Mumbai both are letting out and he himself stays in Rented house at Chembur, working in Fort then can he claim the hra & home loan both?
Please reply with an example

I we are paying purely for labour charges for carpentory work , whether it will be covered under reverse charge( work contract) , are we liable to pay service tax

I am doing my articleship right now and it has just been 4 months i joined.I am confused regarding when i should start my coaching and which is the best coaching in all subjects.Many people have told me not to think about my CA FINAL till one year.IS that right?I am confused...

Ours is Charitable Trust. We are providing Rent free Accommodation to our staff which are required on duty round the clock or to say, any time like drivers, cooks, watchman, some accountants etc.

We are not charging them any rent for the Premises but we are deducting their House Rent Allowance. Will this Accommodation be treated as Rent Free Accommodation. If yes, what will be the amount of perquisites to be added to their salary? (HRA is Rs. 1000 per month)