i failed in the exams by just 6 marks and 14 marks respesctively........i passed in all subjects.....plz suggest me a book in IDT and MICS other than Bangar or Paduka......pls

please anybody provide details for scope
of work as per ICAI for ATC holders
i am one of them if there is nay guideline or
circular from ICAI

my friend taken leave of around 280 in his articleship of 2& half year & on many time he work more than 35hours in a week he asked his principal to adjust the excess hours worked with his leave but his CA not agree with him.
can he take any action against his ca.

if some one has given CPT exam in May 2010
and has started coaching class for IPCC in June 2010.

Then in July he gets 98 in CPT and fails.

So by any means will he be able to give his IPCC attempt in May 11 or he will have to give in the next attempt ?

can this be done by giving online CPT exam ?

Pls Solve this Query bcoz its a matter of time.

Rahul Kaushik

Hi,

Can anyone help me in giving complete details about the revaluation procedure for the CPT exam papers such as application procedure, fees, due date.....etc.

Please do reply to this query as soon as possible.

Thank you.

rahul kaushik

Dear Experts,
I am auditing an closely held company. We have to calculate EPS for that. They also have issued bonus shares in the middle of the year.
While calculating bonus shares....
We have to deduct the following from the Net Profit as computed in the P&L account.(There are no preference share holders)
Provision for Tax
Deferred Tax Liability (If there is deferred tax asset should we have to add?)
Dividend Distribution Tax
Transfer to General Reserve
With regards,
Rajesh

Dear Sir/Madam,
kindly help me on the following issue,,,,
* one of my client who is registered under VAT act, but from when it has registered under VAT act, he has deposited VAt in govt.act,, but no quarterly or annual return is filed by my client, so as on now date what to do ,
what is the procedure to file the quarterly return or annual return,is there any penalty for the same ,,,
pleae help me its very urgent....

Dear Sir,

My friend is having a business of contract nature where he prints flex/hoardings/offset printing etc on contract basis. All the raw materials are supplied by the clients. All he does is using his machine, he prints on the materials as per the designs provided by the clients.

Please let us know about the applicability of VAT or Service Tax on the same. The business is in the state of Assam.

While reading bare act of income tax which goes as follows:-

"In the case of income in respect of which provision is not made under this chapter for deducting income tax at the time of payment, and in any case where income tax has not been deducted in accordance with the provisions of this chapter, income tax shall be payable by *ASSESSEE* direct."

>>>>>> My question to Experts::--

Sir,
Who is the ASSESSEE in above case....???
**Is it Payee (Assessee) or,
**Is it Payer (Assessee in default)...???


>>>>>> In my view there are two cases:-
1. Where TDS is not to be deducted on income, and
2. Where TDS is to be deducted but actually not deducted OR if deducted then not paid to the pocket of govt.

Now I say in first case the ASSESSEE is the normal assessee i.e the Payee who is going to get the income in his hands,

While in the second case its the ASSESSEE IN DEFAULT i.e the Payer who paid the income to another one.

AM I RIGHT OR WRONG...???
PLEASE DO THE WORK OF HEAD-ACHE MEDICINE. :)

We are importing some equipments from Germany. Our supplier is furnishing us Bank Gurantee from a foreign bank on the bank's letter head.

As per Indian law. A bank guarantee from Indian bank can only be accepted, if that is executed on Non-Judicial Stamp paper.

So, whether a BG executed on letter head by a foreign bank can be accepted?

Please mention any circular reference.