Pls recommend some reference books for all subjects of PCC!
Hw can i get books of authors who teach at coaching classes, unless i join them?
ARE THEY FREELY AVAILABLE IN MARKET?
i hav already joined some classes n cant back off now!SO cant join any suggested professors now.

If due date of Tds payment falls on sunday.Can we pay on next working day or should we pay before due date?please clarify.I think that it can be paid on next day and not before.

RESPECTED SIR,
MY SIR WHERE I HAVE DOING MY ARTICLESHIP HAVE PAID THE YEARLY MEMBERSHIP FEES BY ONLINE .
BUT THEIR ARE NOT HAVE ANY CONFIRMATION AND OTHER PROOFF OF DEPOSIT OF C.A. MEMBERSHIP FEES
PLEASE REPLY SOON
FROM,
UMASHANKAR VAISHNAV
S.K. SUREKA AND ASSOCIATES GWL
MEM NO 401203

we have filed the B/s for the F.Y.2007 with Roc without enclosing the B/S of our subsidiary company. now we have received the show cause notice from ROC seeking clarification for the violation of sec.212 of Companis Act. kindly advise me what reason i can give so that i can prove that was not wilfull omission.

Hello,

My query is regarding taxability of Mutual Funds.
a) I have invested in Mutual Funds & some are under the scheme of Divident reinvestment. So on redemption, how would you arrive at the Sale value and cost.
b) All the mutual funds sold are long term only and are subject to STT

Thanks in advance

Regards

hello everybody
i am auditing an organisation which deals with foreign currency they use to import goods and after adding their cost & profit sell them, i would like to xplain it with an example:

LET on 1/5/2007 they sold goods worth $100 then the dollar rate was Rs.40(let)

as the customer pay through credit cards bank credit the amount after 3 days then rate let was Rs.39(let)

the problem is that if they book their sale on 1/5/07 their will be loss due to exchange fluctuation and if the rate i mentioned r changed i.e
1/5/07 Rs.39
3/5/07 Rs.40
their will b profit this is not giving me the correct sale figure and this is effecting the profit

Sir
one of transportor is combine the small amount of LR and make them into invoice for payment , the total of small amount is more than 1500/- so we are lible for service tax or we consider seprate LR
i think so there is a rule of Rs 1500 in GTA

I need some clarification on sec.40(a)(ia)

The facts of the case is as follows:
ABC Private Ltd has made a provision for payment of commission of Rs.4 lakhs during the Financial Year 2005-06 ie.on 31/03/06 to Mr.X, the director of ABC Private Ltd. At the time of Scrutiny Assessment u/s 143(2), the Assessing Officer disallows the amount of Rs.4 lakhs on the ground that the TDS amount though deducted at the time of credit to the account of the director on 31/03/06, but the same is actually remitted on 31/10/06 to the account of the Govenment.

(i) Is the action of the A.O. justified for the disallowance ?
(ii) Is there any remedy available to the Assessee ie.ABC Private Limited.
(iii) Does Sec.40(a)(ia) and Sec.43B co-exist?

Regards,
Dixit

Hi,
I want to know about account of Construction/Infrastructure Companies. In these companies, does it something different accounting than other field (IT/Other Co.).
Plz let me know. (briefly)

whether tds to be deducted from gros amount or net amount

is value is 100
Service tax @12.36 12.36
total 112.36

tds to be deducted from 100 or 112.36

pls clarify