Hi, i read in TN Manoharan's material that the interest on the balance in PPF credited in excess of 8.5% is taxable u/s17(1). But some other materials like Singhania say it is 9.5% Please help as which is the correct percent

sir
is it applicable to Deposits.And very transaction taken place in bank like loan etc..

my firm is engaged in exports of garments. we are registered with service tax for payment of service tax on goods transport agency. since now govt has exempted this service, please let me know if service tax is payable on GTA

I am currently doing my articleship in mumbai since June last year.
Due to some personal reasons i would be shifting to Delhi from april.
I would like to know if there is a time limit within which i have to join my articleship in Delhi after terminating it from Mumbai,so that my duration of articleship does not get extended....
Pls help.

I want to know how to create closing stock a/c in tally.

I tried creating closing stock ledger under the group stock-in-hand and entered the opening stock value and entered the closing stock value, but closing stock did not appear either in p& l a/c or in the b/s .

please give your suggestions

Hi. i today read that the concept of Dematerialisation has abolished Odd Lots in the Capital Market.
Can anybody tell me what do we understand by Odd Lots?

BRIEF BACK GROUND:

WE ARE A TRADER TRADING PRODUCTS ACROSS THE COUNTRY AND SIMUNTANIOUSLY WE ARE ALSO GIVING SERVICES LIKE AMC,COMMISSIONING & INSTALLATION ON WHICH WE ARE LEVING SERVICE TAX .

1.CAN WE CLAIM INPUT SERVICE TAX ON SERVICE TAX PAID ON DAY TO DAY EXPENSES LIKE ON TELEPHONE BILLS ,ADVERTISEMENT BILLS,AMC BILLS.
2.THE EXPENSES ARE INCURRED FOR THE ENTIRE BUSINESS OF TRADING & GIVING SERVICES.CAN PROPORTIONATE CLAIM MAY BE MADE.

PLEASE QUOTE THE REFERENCE PROVISIONS OF SERVICE TAX

I want to know how to create closing stock a/c in tally.

I tried creating closing stock ledger under the group stock-in-hand and entered the opening stock value and entered the closing stock value, but closing stock did not appear either in p& l a/c or in the b/s .

please give your suggestions

Dear fellow CAclub members,
while I have been reading about stock market movement in a day, i come across the term "the market opened with a positive/negative gap of --- points. What exactly meant by this? The dealers can order only after the market opens, then what determines the above mentioned gap?
Hope I am clear in my question.

Hi
i have cleared my cpt in nov 2007 , yet i have not joined my articleship...as i was doing a job. but now i have left that job as i wants to continue my CA...please suggest which CA firm i should ,i wanted to get good knowlede (thats my priority) .i am located in delhi.

Thanks shiv