what is the treatment of "reserves for doubtful debts" .

Pls someone tell me how can i prepare for my CA FINAL exams in these 3 years so tht i can clear it in just one attempt with rank? I want to have some great ideas frm sm great experts. May be i knw the answer but i wanna hear tht frm some experts out there! A plan will really be more benificial to me.. I really dont want to waste my time or take more time clear my Final exams late knowing tht i hv family responsibilties. So i dont wanna start it wrong. I ll really b grateful if sum gud peoples ll help me.. :) thanku

Respected Experts, I am stuck in a major dilemma with regard to the CA registration process. Well my current status is that in May 2016 i wrote my 6th sem bcom (BU) exams and am waiting for the results and as of now I have an aggregate of 70%. Kindly help me clear the doubt's regarding the following 1) Do I need a 9 months practical training to do IPCC. (If so, does it add to the 3 to 3.5 years of article training required before CA finals) 0r Am I eligible to do IPCC right away without any practical training. 2) Can a direct entry scheme/provisional basis candidate write group 1 and group 2 separately? 3) And when do I undergo the ITT and orientation program? 4) What category of candidate do I fall in? Thanks in advance.

i am doctor running hospital my mother is very senior citizen age 81 years i spend Rs 25000/- on my mother`s treatment in cash can i claim 80d deduction on that amount please give expert opinion

we file tds return for 3rd qtr of fy 15 16 now we wants to revise the return bcoz on one transaction we forgot to deduct tds & now we paid that tds in conso file we give all details about new chaln but it shows errors as addition of challan C9 correction is not allowed for deductors other than govt. wat is d solution ??

Dear Sir,
An Assesse has two house property (two residential flats) and both are in the name of assesse and both are self occupied. In one of the flat assesse and his family stays and the other flat remains vacant throughout the year (it is not let out at any part of the year). My query is whether the Assesse has to show Notional Rent for this property which remains vacant throughout the year as if the flat is deemed to be let out. Please suggest what should be done in this case.

Your valuable reply would help him to determine the tax calculation for the current year.

Thanks,
Abhishek Roy Choudhury.

Is service tax charged by restaurants inclusive of service charge? Does that 40% of ST contains the percentage of service charge also?

Dear sir,

please help me for following querries:

1) I have one Non IATA Travel Agent(Say X) he is buying Air tickets from Go-Air or from some other IATA and non IATA agents(Say Y ) the bill consist of detail as under eg.
Ticket Amount Rs.50,000
Less: Handling Chg. Rs. 2,500
Add: Service Tax Rs.5,150
Add: TDS on H.Chg. Rs. 283
---------
Net Due Rs.52,933/-

For This X paid the amount by Ch. To Y Rs.52933/-

Now X issue this ticket to (Say Z ) and charged Rs.55,150/- which he gets from Z by way of Ch.for Rs.55,150/-

Now what will be the accounting entry in books ( Whether this will be sale and purchase of ticket or commission income suggest me ) is there any procedure for travel agents to book entries.

2) what will be the amount of turover for the purpose of TAX Audit,
Commission Amount or Sale Amount


3)Is Travel agent is cover under the Provison of U/s 44AF for for payment of income tax if its turnover is not exceeding for Tax Audit under Income Tax ??

Expecting reply at earliest.

Dear expert, please refer best service tax case law book available in market with index wise case laws mentioned.

Dear Experts, In a private Company there is conflicts between two directors, so one of the director has given Rs. 7 Crore to another Director for Takeover of Business. So I want to Know the Accounting treatment as well as Journal Entry of the transaction. Second doubt is, to pay this Rs 7 crore Purchasing Director has taken loan from Bank on his name by Mortgaging his personal house. Now on 01/04/2015 he transferred the loan on the name of Company, what will be the journal entry for that & accounting treatment of Interest, whether it is to be capitalised or charged to Revenue? Please help me out .