For ipcc group 2,icai study material ,pms -advance accounting,auditing January 2014edition is suffient for Nov 2014attempt

Dear Sir,
I am leasing a residential property to company for 11 months. Their are 2 portions in the agreement, 1st rent(Rs.40,000/Month) and 2nd charges (Rs.25,000/Month) for other fixtures like furniture, ACs, Washing Machine,Microwave,etc.
Would the expenses incurred for other fixtures would be allowed in income tax.
I have given a contract for this service to local electrician their.
Do i have to write anything special in my agreement with the company.

Dear Experts

Under tax audit some entrepreneurs take gross profit as afixed percentage of turnover then in that case closing stock is valued as balancing figure (Sales-op. stock-purch.-g.profit)

My Que is what we will write in FORM 3CD AS METHOD OF VALUATION OF CLOSING STOCK.
UNDER TAX AUDIT ONLY FIFO AND weighted AVERAGE IS ALLOWED...

PLEASE RESOLVE IT

BAD DEBT TAXABLE FOR THE DEBTOR

Hi Friends,
My company was paid advance to creditor long back ago for supply of material to the company but now it became irrevocable c.
Company submitted sue on that supplier , the case is going on.

In the FY 2013-14 how it is effect on financial statements of the company.

where it will required to disclose .

I am not able to work smoothly with any of the java utility for AY 2014-15. Plz help me as i need to upload the form 3cd for auditable client. The problem faced by me is as i open up the utility n start filling the required details, up to certain extent i can fill up and then the whole screen turns out blank. N then have to close the utiltiy. The same was happening in case of itr java utiltiy. Bt however i managed to fill up the itrs using the taxcloud software of the institute so the problem was solved. Also let me knw any other alternative option that can be used for uploading of form 3cd

Hii,

I have registered for my articleship on 01 jan 2012 and took a transfer due to health reasons on 31 oct 2012 and rejoined for articles on 01 june 2013. will new gmcs rules be applicable to me??
If yes,I haven't completed my gmcs-1 within the 1st year of my articleship. What will be the consequences??

what is the due date for filing form 20b

4 battery purchased of Rs.28,000/-. (Rs.9,000/- each)
is it fixed assets or can be debited to P&L A/c.

I am a resident in India. What is the incidence of tax liability and the TDS and Advance Tax requirements of Employer if I am getting salary from a company based abroad? (gross salary is received in India)