Name of
the security % of
investments standard
deviation

A .2 8%

B .5 10%

C .15 6%

D .15 2%

Correlation coeff.
A A/A-1 A/B-.7 A/C-.3 A/D-.4
B B/B-1 B/A-.7 B/C-.8 B/D-.3
C C/C-1 C/A-.3 C/B-.8 C/D-.6
D D/D-1 D/A-.4 D/B-.3 D/C-.6
Calculate Risk of portfolio. Ans is 7.02%
I could not get this ans. pl. help me. this is a problem from pattabhiram
D

Dear sir,

I want to knew How Doctor having his own hospital maintain his accounts.

what legal and income tax compliance he has to follow.

Above 40 lacs turn over, he may attract in tax audit or not.?

Please reply

i am recently qualified CA about to join in an organisation for job. i want to study further so iam seeking opinions from friends,i want to look at finance (like mututal funds, stock market or financial analyst or some thing like that)for carrer purposes.so i just wanna to know which further courses will help me to go nearer to this dream or any sugestions which wil help to have a big dream.please give your valuable suggestions regarding this matter.

Respected Sir,

I want know Revise Accounting Standard 15 Payment of Gratuity

What is difference between previous Accounting Standard 15 & Revise Accounting
Standard 15 ?

This was made in previous year 2006-07

Your immediate reply will highly appreaciated


With best regards,


Vilas Choudhari

IS Garden maintainece contract chargeble to service tax ?

IF yes
under which service ?

IF contract received from the govt.?

X is an employee of AB ltd whose salary structure is as follows:
1). basic and allowances Rs. 30 lakhs p.a.
2). Perks Rs. 18 Lakhs p.a.

Query:
a). What is the best salary structure to minimise the tax liablity?
b). whether the assessee "X" is benefited by claiming HRA or Rent free accommodation?
please Urgent.

I am having a Savings Bank Account with ICICI Bank Ltd. At the time of opening the A/c, I had not given my PAN No. When I went to deposit an amount of Rs.90,000/-, the banker hesitated to accept the payment. I had written my PAN in the space provided in the pay-in-slip. The bank’s ground was that I have to inform the PAN in advance and a photocopy of the PAN Card should be given to the bank along with original for certification at their end. Only after that they will accept the cash in excess of Rs.50,000/- But I am informed by some other people that mere mentioned of the PAN in the pay-inslip will do. Kindly advise as to the correct position. Also please let me have the details of any guidelines issured by the Income-tax department/RBI.

sir
in the case of company surcharge is applicable if total income exceeds 1cr.
in this total income inthe sense taxable income or before deducting expenses and deductions

A Sub-Contract given to the party for Site cleaning, leveling, compound work etc (Land Development). Suppose Party is from Pune and Site is at Guwahati. Party Claim the travelling expenses on his letterhead without attaching any supporting.

Should i deduct TDS on travelling claimed by party? if yes at what rate & under which section?

If Possible give case reference under itr

My client run MLM company and charge Rs. 2600.00 from members. Out of this He Credit Rs. 130.00 for service charges, Rs. 470.00 give General Insurance Polocy and Balance Rs. 2000.00 He book under Credit Liabilities. This way he accumulate Rs. 2000.00 under current liabilities and Pay the commission or incentives to members whenever they achieve certain target and deduct TDS from this payment.
I want to know is this the right accounting method.
Can we directly credit under current liabilities with crediting such receipt to P&L a/c.
Please guide me.