Please can anyone provide me with drafts/copies of MOA & AOA of company which is either into the following object or in related areas.
object
"strategy, management consulting and corporate advisory services in the areas of investments, finance, mergers & acquisitions and related activities"
Thanks & regards.

what all expenses a person can claim if he is engaged in teaching profession at a coaching center.

i am working in advertisement co we got a contract of billboard display and got the chq (50% of contractual amt) i passed the following entry as i am preparing MIS REPORT every month please let me know whethe following entry is correct or incorrect

dr debtor a/c
cr unaccrued income

when i got 50% of amt the following entry i passed

Dr Bank A/c
cr Debtors a/c

every month i am passing the following entry

dr. unaccrued income
cr. rent received bill boad

Dear Sir,

In ref. to above I would like to know if the definition of "port" would also include "airport".
I have recently concluded a works contract for L&T at delhi airport & have not charged service tax vide above notification. please advice.

best regards,

Naresh Singhal

Case : Individual want to sale out commercial shop purchased in last year means holding period less than year.

It will attract short term capital gain tax at Progressive rate applicable ?

Can't we reduce libility.?

Any one can suggest me (details or list ) of expemted incomes, which will directly deducted from gross total income.

PLEASE CLARIFY MY FRIEND DOUBT
I purchased a new car and got it registered on my wife name.

My wife is working as LIC agent from 1year and her income is around Rs.40, 000/- per year.

I want the car to give it on lease to my company (where I work).

My doubts

1) Giving car on lease - does this attracts service tax?
2) Is there any thing like PAN number for Service Tax filing? If yes, what is the process to get that number?
3) Is there any basic limit below to which, no service tax need to be paid?
4) Assuming the car lease is Rs.12, 000/- per month, the income is Rs.1, 44,000/- per year.
Does she need to pay any service tax to government?
5) is it sufficient if my wife files IT returns showing the income as LIC agent + car lease? (without any service tax payment)


Thanks in Advance

X, a CA in practice is a statutory auditor of MNO Ltd. he purchased a car from the company under a hire purchase scheme run by the company on the same terms and conditions as applicable to all other customers. the cash down price of the car is Rs.80000.00. the initial payment of 25% was made on signing the hire purchase agreement and the balance is payable in monthly instalments of Rs.750.00 each. comment whether or not the auditor has become indebted and is thus disqualified to act as auditor.

Hello friends.
I want to know about the accounting treatment of Marketing & Branding expenses incurred prior to the commencement of the operation of an new assets.
For example whether we should capitalize or expanse off the marketing expense incurred prior to the commencement of the commercial operation of an Hotel or let say before the launch of an product?
I have two different opinion on that first being that as we can not strictly identify the marketing & branding cost with any particular assets, such as building, land & hence it should be expense off rather than distributed over other assets. Second marketing & branding expenses are necessary to create demand or visibility for the company or the product, hence it should be capitalize over other assets.
Please suggest what is the correct accounting treatment for the same in view of AS-26, AS-10 & Any judgment by courts.

an individual is an exporter of fancy items.it is registered under Delhi VAT/CST Act
it has following export sales transaction
A. bill no. 1 for $5000 dtd. 15/6/08 payment recd. Rs. 222313 on 8/9/08
B bill no. 2 for $ 3100 dtd. 2/7/08 payment recd. Rs. 143310 on 20/9/08
C. bill no. 3 for $ 4200 dtd. 20/7/08 payment recd. Rs 184300 on 1/10/08
D. bill no. 4 for $ 3950 dtd. 10/8/08 payment not recd. Till 3/10/08 the date of filing Sales tax return
what will be the correct export sales for Delhi VAT/CST Return. Kindly explain the basis of calculation also