Anonymous
10 May 2014 at 17:23

Prior period items ??

Dear Experts,

Please suggest whether the following situation would cover in Prior Period ambit:- ??

A compliance Cert. issued by the Company Secretary for Rs. 10,000/- during the current year ..i .e. bill dtd 15/Mar/14, which pertains to financial year ended 31/March/2013.

Whether provision of Prior Period Items would apply in this situation (Ref to AS-5).

Hoping for a prompt response in this regards.

Thanks



Anonymous
10 May 2014 at 17:21

Trust

a group of friend want to give donation to the college. they want to register NGO. They collect amount from friends living in different state & further expand by collecting amount from all student pass through college. so what entity should be created so it is more beneficial to them. whether they get registration as a charitable trust.what is procedure for registration. they use fund to donate only specific college.


shivani
10 May 2014 at 16:49

Slump sale

if sales consideration is rs.100000 and net worth is -150000 then what is capital gain ???



Anonymous
10 May 2014 at 16:46

Prior period items

Dear Experts,

Please siggest whether the following situation would cover in Prior Period ambit:- ??

A compliance Cert. issued by the Company Secretary for Rs. 10,000/- during the current year ..i .e. bill dtd 15/Mar/14, which pertains to financial year ended 31/March/2013.

Whether provision of Prior Period Items would apply in this situation (Ref to AS-5).

Hoping for a prompt response in this regards.

Thanks



Anonymous
10 May 2014 at 16:42

Applicability of com.act 2013

pls any one can tell me if compnaies act 2013 is applicable for cs executive exam on december 2014.?

thANKS IN ADVANCE,.


Ravi
10 May 2014 at 16:27

Course in shipping line

I want to do distance learning course in Shipping Line. I am M.Com LL.B. from Kutch Gujarat. Please guide me any institute, university etc.


Amit Nandy
10 May 2014 at 16:23

Tds

If any caterer charge vat against food bill in that case TDS will be applicable for that particular bill( Bill Value more than Rs-50000/-)

Regards
Amit Nandy



Anonymous
10 May 2014 at 16:20

Import transaction

AS 11 has not specified that which rate should be taken for recording an import transaction.Should we take the RBI rate or rate given by CBEC?


MEHUL G KAPADIA
10 May 2014 at 16:17

Capital gain tax applicability

Pl let me know whether CGT applies if a person sells his two shops to a builder who has purchased all shops surrounding that area and in turn gives a shop in a new building constructed at same place and two flats at same building. Nothing has been paid in consideration just legal sale deed will be executed for sale and purchase of shops and flats.



Anonymous
10 May 2014 at 15:55

Technical issue

We have increased Authorized Share Capital from Rs.50,00,000/- to Rs.80,00,000/- in General meeting held on 29.03.2014 and MOA fee supposed to be paid is Rs.30,000 + Additional Fee 750 i.e 30,750 and Stamp Duty Rs.4,500 but after uploading the Form SH-7 MCA Site is showing Rs.1,04,000 as MOA fee, Rs.671 as additional Fee. we have raised ticket with no 1159589 on Monday, we have received reply today, asking us to download new form and fill manually, In spite of filling the form manually , it showing ROC fee as 104,671 instead of 30750 erroneously. Kindly provide any solution to this.





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