HI all
I am not feeling interested in doin C.A. as of now . i want to enjoy abhi, Please guide me what should i do?????
I am so confused these days.
Pleaseeee helpppppp!!!!!!

dear sirs ,
Plz suggest me the accounting treatment of defferment of sales tax , since there is a opening balance of DFT SALES TAX IN Balance sheet & in current year , concern has paid the tax out of it , how to adjust the balance ? if expensed in P&L , WHAT IS THE ENTRY ?

sirs,
Treatment of Defferment of Sales Tax , whether paid to be expensed in P& L A/c ????

if i have a hospital which is pvt ltd and there is a one medical shop of partnership firm, and if hospital in his billing include medical shop bill of patient... and then give payment to medical shop...so if hospital make payment to medical shop then should hospital deduct tds in sec 194c as a contract.... for billing of medical shop

Dear Friends,
I am a Surgeon practicing for last 20 years.I have my own 14 beded nursing home.My A/C are audited. I am having profit margin of 30-35%. It may increase in future. What I want to know from you (as all of you are CA's and must be managing A/C of many doctors}is what should be profit margin for consultants ?. Because as we become senior our income increases but expenditure remains almost same as they consisit of staff salary,Electrcity bills, tel.bills etc. so naturally profit margin increases. My CA who is very senior says if I show increase in margin I may face scrutiny.
Please advice. what is profir margin in medical practice in individual proprietery nursing homes.
Thanks.
Ramesh

Kindly some one guide me to treat the fixed asset sold during the year in the Balance Sheet and the corresponding depriciation calculation.

Case:ABC are joint owners of Property 1 and DE are joint owners of Property 2
Property 2 is constructed by Mortgaging of Property1 and CD are claiming interest under sec.24b
Now Property 3 and a Guest House is purchased in the name of C by mortgaging Property 2.

1)whether C can claim interest on housing loan u/s.24(b) for the property 3 if yes will it apply proportionately?

2)Is it necessary that the source for the repayment of EMI should be generated from the C?

Can any one explain the taxation issues over this?

in financial year MAT 115JB rate is 10% surcharge is charge or not

Dear sir

Please tell what needs to be indicated in regard to this line in 3CD form:

State whether sales tax, customs duty,excise duty or any other indirect tax, levy, cess, impost etc. is passed through the profit and loss account.


Thanks

We imported huge quantity of Structural Steel namely H-section for making of structure for support of capital goods. we are not able to avail cenvat credit due to abmendment in Rule 2 by finance bill,2009 the explanation is as under :

Input include goods used in the manufacture of capital goods which are further used in the factory of the manufacturer 7[but shall not include cement, angles, channels, Centrally Twisted Deform bar(CTD) or Thermo Mechanically Treated bar(TMT) and other items used for construction of factory shed, building or laying of foundation or making of structures for support of capital goods].

Can I avail cenvat credit of Additional Duty of Custom u/s 3(5)on said Import since it is levied in lieu of Sales tax.

If you have any clue please forward to me.


With regards

Pankaj Naidu