Hi,

I Want to What is mark to mark? What will be accounting treatment?


Regards

Bhaskar

Can anybody please assist me in Calculation of VAT.
For Example
I sold goods of Rs say 200000 & I incurred a Transport cost of Rs.10000.
So I will charge VAT on 200000 or 210000(including Transport cost)

Are Credit Card Expenses allowable or not in a firm .............

dear sir

how can i use section 24. what is the way

& in which section repayment of housing loan is located. in housing loan repayment of interest amount is deducted is is right.

Dear Sir,

Since the Central Budget has been passed in Parliament on 10.05.2008, whether the notification for reduced rate of CST of 2 % has come into effect ?

Please clarify.

S.Ravichandran

Hi
I need to know where TDS is to be deducted in following case or not?
NRI has invested money in India as Loan to a private limited company
He never comes to India and is settled in US
Whether Indian Company should deduct TDS on Interest payable to him ?
If yes at what rate and Under which section?
How do we give him TDS certificate? and how do we update it in TDS Return those details?
If no than is DTAA benefit available?
If DTAA is applicable what kind of paper work is required?

Its very urgent kindly reply ASAP

Thanks and Regards

Hema Desai

Hi
I need to know where TDS is to be deducted in following case or not?
NRI has invested money in India as Loan to a private limited company
He never comes to India and is settled in US
Whether Indian Company should deduct TDS on Interest payable to him ?
If yes at what rate and Under which section?
How do we give him TDS certificate? and how do we update it in TDS Return those details?
If no than is DTAA benefit available?
If DTAA is applicable what kind of paper work is required?

Its very urgent kindly reply ASAP

Thanks and Regards

Hema Desai

Closing foreign currency have to conert in Rupees for Bal. Sheet at closing rate on 31/03/2008. But should we also convert the unclear transaction at closing rate?
Example: Closing Rate = Rs.40/$
On 29.03.08 Cheque issued for $1000 @Rs. 38/$ but not clear till 31st March. Should we book the exchange difference for Rs,2 in books for unclear transaction as per AS-11. Please guide

Dear Sir.

Thank you sir i have revc the mail from u end, in that only module book are there, there is any other web site to check the module test papers for NSDL-Depository Participant, NSE-Cash and NSE-Deratives .(other than NSE web site)

can any body help me so it will be very usefull for me from your end.

Regards

NAGAPRASAD.K.S

Bangalore

My friend holds few shares of a company and he wants it to be transferred to his brother.
What will be his tax liability assuming that he has both short term and long term shares.
Please help.