Sir,

Pls expalin me how we calculate the value of breakage & expiry goods is it LIFO or FIFO.

Suppose, a client of a tax consultant don’t have internet banking facilites.
In this situation , can a consultant pay TDS from his account on behalf of his client by using internet banking facilites?
And then he adjusts his account by taking client cheque for the TDS amount .

Sir,

could you please explain to me LIFO & FIFO methods of stock valuation with examples

Sir,

could you please explain to me LIFO & FIFO methods of stock valuation with examples

One of our service provider (say, A)has paid to courier company (say, B) = Rs 11236/- (Rs 10000 + 1236 as service tax) for courier on our behalf. Courier Company has raised the bill in services provider's name. Now We have received a Bill for Reimbursement from the service provider for Rs 12136/- marking as reimbursement of expenses attaching the photocopy of courier bill paid by them.

Whether we can claim the cenvat credit on the service tax amount in such case?

Do an unlisted Limited Company with no Public deposit require to make Audit Committee.

What is meant by parking account? What role does it have in bank accounting?

A DIN form was created in feb, 2008. Due to non-availability of proofs, it could not be sent to DIN Cell. I want to know whether the same form can be sent now or a new form is to be used. The status of the form is still provisional as I checked it with MCA site. Please tell me what to do.

Can any boby explain me how to compute the deprication as per company Act

Hello Experts,

Pls guide me to the following:-

1. Can we provide depriciation to assets only for the number of days used (say put in to use in the middle of the year and put on hold after few month but before year end)is it legal according to Co., Law.

2. Is it possible to provide depreciation as mentioned above and also reduce on account of impairement of assets in the same financial year. (under Co. Law and IT)

3. if Possible Impairement on which value on WDV on Gross block.

Thanks in advance.