Hi sir/madam I AM CA FINAL STUDENT I TAKE REGISTRATION IN C.A. FINAL COURSE UNDER NEW SYLLABUS IN WHICH I REALISE THAT THEIR HAS BEEN A MAJOR CHANGE IN ADV. A/C SYLLABUS TO FINANCIAL REPORTING A NEW TOPIC IN WHICH ALONG WITH 'AS' THEIR ARE, 'IFRS', 'IAS' WITH COMPANY A/C PORTION WITH SHARE MARKET TOPICS. PLEASE SUGGEST ME FOR PREPARATION OF SUCH SUBJECT .i take its coaching by a qualified C.A. but he is also handling such topic first time.

Hello EXPERTS,
ABC Pvt Ltd place a order for supply of kitchen equipment. As per payment terms of P.O.
Ex work amt 2987010
Exice duty 149351

sub total 3136361

sale tax 3% on 3136361 94091
Installation charges (Included)

Order Value 3230452

Installation of system will be carried out at cost included in above costso it is composite contract.

Now my query is that wether TDS will be done as it is composite order including installation i.e TDS will be done
OR
TDS will not be done as Sales tax is leived on sub total amount

Hello EXPERTS,
ABC Pvt Ltd place a order for supply of kitchen equipment. As per payment terms of P.O.
Ex work amt 2987010
Exice duty 149351

sub total 3136361

sale tax 3% on 3136361 94091
Installation charges (Included)

Order Value 3230452

Installation of system will be carried out at cost included in above costso it is composite contract.

Now my query is that wether TDS will be done as it is composite order including installation i.e TDS will be done
OR
TDS will not be done as Sales tax is leived on sub total amount

Who is the authorised person to make the property valuation report?

The property valuation report of an independent property valuer is acceptable to nationalised banks ?

What creteria using to find the current market value of land with / without buildings?

Sam Koshy

A PERSON GIVES CABLE OPERATOR SERVICES TO IT MEMBERE ITS TOTAL OUTPUT SERVICE IS.
RS.75000/INCLUDING OF SERVICE TAX
AND INPUT CREDIT IS GREATER THAN OUTPUT SERVICE .THEY ARE PAYING MORE THAN 800000/-TO VARIOUS AGENCIES.SO INPUT CREDIT IS IN EXCESS OF OUTPUT SERVICE
WHETHER HE IS LIABLE TO SERVICE TAX
WHETHER INTIMATION GIVEN TO DEPARMENT IS
MANDATERY.
WHETHER CENVAT CREDIT IS CARRYFORWORD TO THE NEXT YEAR
WHETHER WE ARE APPLY FOR CANCELATION BECAUSE OUR SERVICE IS BELOW EIGHT LAKHS

it is real estate company in it
an case in the name of director is files (personal case) bt the expenses paid by the comapny and TDs is charged. wht will be rectification about this

fee of wards paid toinstitution like jetking for course of networking will be included insection 80c

Hello to all

I need to know that one of my assessee runs his business of lending money on interest for the last 20 years from 1980 to 2000 but due to recession and risk in the interest business he withdraw the money from takers and deposited it into the bank for FDR's, but regularly claiming the interest income in Business head. So my query is whether he can do so or not on the basis of that it is just suspension of business and not discontinue of the business. or also suggest any other answer.

Thanks
Regards
CA. Sanjeev Sharma

What is meant by circuit breaker? Just observe the following sentence where this phrase is used?

"If you are an investor in the stock market, the happenings of the last few days must have caused a lot of concern. Remember the black Tuesday of January 22 when the market plummeted by more than 11 per cent during the first few minutes of trade. Nervous sellers pushed the panic trigger, sending the markets into a free fall, until it hit the CIRCUIT BREAKER, which automatically caused all trading to come to a halt, both, at the BSE and NSE."

if any company has changed its accounting policy i.e. from wdv to straight line method on year end(31-03-2008) then whether loss on sale of machinary ,sold on 01-10-2007 & depriciation thereon is liable to change retrospectively or not, is retrospective change is required to be given on existing machine on year end only