R/sir,
One is engaged in construction of buildings & he recd. rs 65,20,000/- during year as adv. from customers. During the year there is no sale. Is audit is applicable or not?

Hi, I am CA Final Student.My Attempt is May 10. and Assesement Year applicable to me is 2010-11. Since Books for the same will be available from January 2010, can i start my studies with old books. Will there be any major changes in Companies Act.(Amendment Act)Pleasegiude me in this regard

suppose a worker is injured in factory premises during the work and employer admits them into hospital and pay all of his expenses. can the company is liable to pay FBT on this expense

hi i am a newly practising CA. But i dont have any links and i dont have any clientle than how can i practice in the city. does website or advertisement would help me.

Two Indian domestic company formed a JV and a service job awarded to them in JV name.My question is:-
1.what is the status of JV-AOP or Partneship?
2.Is separate PAN,TAN,Service tax reg. required.?
3.If the JV's fees sharing is 70:30 among two company,how Service Tax liability on fees received will be discharged?
4.How TDS deduction on fees received will be distributed?
5.Is it possible to show only fees in credit site and debit the fees distributed among company?Method of accounting of JV?
Please help me.

wheather non agricultural land owner can be a partner in a firm which is already enjoying income tax exemption by engaging in it in agricultural activities&if he is eligible to be a partner wheather his share in the income is exempt.

during the year our company chandged the method of depreciation from WDV to SLM. Due to this, there was a depreciation writtern back (which is more than the current year depreciation). on account of this the income (i,e writtern back) is substantial. How we should present the same in the face of the profit and loss account.

Note
The reversal is almost double the current year depreciation.
Regards
P.Mohanraj

during the year our company chandged the method of depreciation from WDV to SLM. Due to this, there was a depreciation writtern back (which is more than the current year depreciation). on account of this the income (i,e writtern back) is substantial. How we should present the same in the face of the profit and loss account.

Note
The reversal is almost double the current year depreciation.
Regards
P.Mohanraj

Dear Experts,

Pls. explain me the Procedure to float new HUF.

Thanks & Regards

IF ADVANCE IS GIVEN TO THE BUILDER ,THEN IT IS TREATED AS AN ASSET U/S 2 ea of the wealth tax act.