i was doing audit of pharma. co. which is sole proprietor and here i found that the proprietor had purchase 4 motor vehicles which is maruti wagonr, toyota innova, honda accord and vehicles. all these assets use for business purpose.

now i want to know is all these vehicles allowable to a single proprietor for depreciation.

Please tell me , for which services Service tax registration is compulsory and what is the procedure? Is there is any limit like Rs. 8lac gross income?

Dear Sir,

Can any one please tell me what are the amendment has been made in AS 11,from which year it is applicable and what accounting entries is to be incorporated in the books of accounts as per the amendment

Regards

Ravi Konda

Hellow friends,
Can any one suggested me from where can i get the recording of lectures for PCC. Can i download from some where...... Plz suggest, i am in quite urgent need

We have depoisted monthly service tax payable on renting of immovable property.
By mistake on each challan we have mentioned A/C Head of tax "00420496" instead of "00440406".
Now, department is refusing to take monthly return saying that your service tax not deposited in respective account. and we have not received service tax.
What remeady is available?
Please guide.

our client is trading in shares, F&O, commodity ( for individual )( not as a delear )I doesn't know how to record the trading transaction with the hel of contract note given by my broker in tally 7.2 version for eg: purchase, sales of shares, brokerage, service tax on brokerage, stt,profit/ loss from trading in shares. In group it has to classified,how enrties to be passes ? please help me. my e-mail address = harishca1984@gmail.com, harish_ts1984@yahoo.com, Advance Thanks to all please help me.
T.S.Mohana Harish, Madurai

meaning of speculation transaction
meaning of derivatives
all derivative trasaction are speculative transaction
meaning of future & option

Dear Sir,

I have taken a CENTRALIZATION certificate for service Tax for Two companies.For making Invoices we have put Unit-1 address. My boubt is wheather all incoming bill should be name on Unit-1 even through service is from unit-2.
Thanking you
R.Dutta

Plz tell me exp incurred on advertisement for inviting tendors for supply of captial asset to be capitalised or to be treated as revenue expenditure. Plz also refer some relevant case law on this.

cost of key board or other accessery of computer purchased will be capitalised or charged in P\L Account tell me in full detail