Sir
Please help me there is one mistake in month of feb.12 .my mistake is that one excise bill is dobule and send two parties same bill no.and feb. excise retrun fillup
what i can do for this bill

Thanks & regards
Rajendar singh

Hello friends!
please help me on deciding whether to complete CA or join for MBA finance.I have given 4 attempts and still not cleared CA-pcc ,because of this am very depressed and also we have shifted from Chennai to mumbai ,my article ship is over and i have no friends here no work all i do is study.So my parents have told me to join a college or a university to study mba and have friends and also at the end of the mba course i will at least have a degree in hand.I did my b.com in correspondence from madras university and secured 60% .Please guide

Share transactions i.e. a person dealing or trading in shares and the income is shown as income from business from such transactions. Is it covered u/s. 44AD. If a person doesn't show 8 % of his turnover of shares, he is required to get accounts audited u/s. 44AB.

Dear sir i have a proprietor ship trading business & i have fix assest office-2500000,car-500000 & furniture 150000 than we got exption of depriciation if yeas than how much

Dear All,

We are a listed company. Company has re-appointed its One of the Director as Executive Director for further period of 5(five) years form expiring its term of 5 years.

Now what are the E-forms that are required to be filled with the MCA?
Form 23/Form 25C/Form 32

please advice urgently.

thanks,
CS Ranjit

Dear all,
Please solve the query-
A purchased a machine in Jan.2010 for Rs. 1100000/- for which he paid Rs. 1000000/- at the time of purchase and rest amount was to be paid after 180 days successfully running of machine. The machine could not run well even for 100 days and A had to spend huge amount on repairs in april 2010. He did not pay the seller the remaining amount of Rs. 100000/- for which the seller could agree only upto may 2011. The due amount was shown in balance sheets of 2009-10 and 2010-11 as payable.
Now,in 2011-12, A wants to delete that entry. What should be the proper treatment . Please suggest.
Thanks

MY BROTHER HAS COMPLETED GRADUTION (B.COM)3 YEAR(IN COMMERECE STREEM) , I WANT TO KNOW THAT MY BROTHER CAN GIVE CA-CPT TEST OR NOT .ALSO THEY HAVE 62% MARKS.CAN HE WAS EXEMPT FROM CA-CPT . PLZ REPLY IMMEDIATELY.

hey experts..

Facts:
company is engaging in trading business, he purchase goods from india as well as outside india.

Query:

1)What is the treatment if goods purchase from outside india and it is still on the way or not received yet and payment has been made in advance,and invoice for this is already been received,

eg.
Value of Goods- 100000$
Date of Purchase- 1/1/12(rate 42 RS/$)
Invoice received- 1/2/12
payment details-
part payment - 60000$ on 1/2/12 (Rs/$ 43)
final payment- 40000$ on 22/2/12 (Rs/$ 44)

suggest-
1) When should i recognized purchase?
2) is it possible to recognized purchase in next year?
3) what should be the treatment as per AS 11?
4) Can we recognized payment as advance for purchase in last year, if yes then what is the treatment of fluctuation of rate as per AS 11?
5) what will happen if only part payment is made and final payment is made after 31 march?

plz do repaly...

Hey Friends,

Please help me with this,

As I know Capitalisation of Fixed Assets will on the date of Installation or say on Put to use date.

Suppose My business is of Projectors which I Sale as well as give on rental basis,

So I Purchase any Projector I treat it in Stock & any Projector when I Rental I Transfer it to Fixed Asset

My Question is if I Want to Transfer One Projector From My Opening Stock How & What will be treatment for this??

Journal Entry for the same in Tally ERP 9??

Sirs and Friends,

Bills in our company are booked very late for eg if the bill is of April the same might b booked during September/October, now this basically happens bcoz the bills are checked by the merchandisers and then passed on to accounts, many a times there are heavy debit notes passed by us so unless and until it is checked we do not pass any entries in books, is this method feasible or we should opt some other method of accounting. If we book bills as and when we receive on provisional or some other basis then it will affect the profit and simultaneously the calculation of Advance Tax will get affected. bcoz the bills take a long period to get cleared by the merchandisers. What are the positive and negative aspects of booking the bills before they are checked. Please let me know