we have taken franchisee where in pay franchisee fee of 5 lakh from partners personal account as our limited liability partnership is not incorporated. 1)whether this expense will be eligible for amortisation 2) whether we have to show 5 lack capital as initial capital while forming LLP

One of my client is having franchisee of SIP Abacus (Gross Receipts Rs 1,00,000). As it comes under using brand name, 10 lakhs exemption is not available and so he has taken the service tax registration. He also provides 2 more services 1) Private Tuition Classes for 10th standard students(Gross Receipts Rs.3,50,000) and 2) Renting of Immovable Property (Gross Receipts Rs. 1,00,000). He pays service on franchisee service regularly. Will he be liable to pay service tax on other 2 services provided by him? Can he claim service tax exemption of 10 lakhs for the other 2 services and pay service tax on franchisee services only?

Sir i have written the IPCC exam of nov 2016. I am awaiting for the results and this is my 1st attempt . I wanted to know whether i can start my articleship from now only without passing group 1 ? Suppose if i start the articleship , will that be counted ?

dear sir/mam I am paying Income tax from 2013 onwards ( my company is paying amount,that is deducted in my salary) , but till now I did not file income tax returns. is there any way to solve this. is there any problem in future

I will be a CA soon and I want to study further. CMA would enable me to skip the foundation exam and give level 2 directly since I am done with IPCC. It would also offer a wider employer choice as it would make all the MNCs, prospective employers whereas CFA would narrow down the scope, & make it a niche finance field . I want to make an informed decision with respect to payscales as well as opportunities abroad, before I join another course. Personally I am more interested in CFA but I don't want to make a hurried decision. Kindly advice me, which combination between CA + CFA / CA+ CMA would be better in terms of opportunities abroad and in terms of salary in India as well as abroad

what is development rebate reserve, purpose for cration of such reserve and provisions applicable thereon??? please guide me about same

Hi Sir
Meera Relation Maine ek Uncle h unki tin number cancel ho gaya h 2 years phale , aur unki dealing Exepmted Goods (Tax free goods ) h . ab vo Tin number new apply karna chate h to koi penalty deni hogi ya nahi
Ya fir vo apni GST apply hone ke baad Tin number apply kare, ya penalty bhar kar vo hi tin number restore kar sakte h kya. aur Tax invoice retails aur tax dono alag alag honi chaiye kya .

sir,
I am working in ca firm since august ,2016.my coversion regd. from IPCC to Direct entry IPCC is done one aug-11-2016. but i want to register my articleship training from 1-9-2016. So, For the late submission of FORM 103--1. what will be the procedure i have follow to show my commencement date from 1-9-16 and the documents which i have to mandatorily send for it?? 2. What are the quaries or requirements wiil be ask from ICAI Institiute for this process to the STUDENT and PRINCIPLE?/ IF Anybody had Personal Experience on this Matter Then please Share with me. THANKS!

A Person want to start a Registered Chit fund Business. Is Proprietary Concern can get a registration certificate under Chit Fund Act 1982. I mean Is he eligible to register a Proprietary Concern Under Chit Fund Act.

Sir I have a doubt
I have bought a RO water plant and glass packing machine worth of 20 lacs from Delhi dealer. Dealer told that if u doesn't give c form then 12.5% vat would be applicable .. and 2% with c form. From my Ca consultant told that 5% would be applicable in absence of c form. Please guide me