SUMIT CHANDRA
25 May 2014 at 15:49

Income tax penalties

how to treat accounting treatment of income tax penalties in properitorship business.


Nitin

Is 'packing material consumed' a part of 'cost of raw material consumed' if 'packing material consumed' has not been mentioned discretely anywhere in the main financial statement/schedules/notes?



Anonymous

Sir/Ma'am,

I want to know the procedure of transfer of articalship as soon as possible.I am in the 1st year of my articalship n want to change my firm as soon as possible.
And Please refer me some firms or company in Mumbai or NaviMumbai where I can rejoin n gain as much as knowledge.
I am in the direct entry scheme of ICAI.
Please reply the same ASAP.


Thanking you


sahaj aggarwal
25 May 2014 at 12:41

E commerce

sir, in ecommerce now days, a person supplying to company like flipkart, snapdeal etc they charge commission on bill amount like e.g., a person supplying to these company sell a product to these company for Rs. 300 but company charge to customer say 450 on online portal , bill is for 450 but company has paid us 300 and 150 goes to company as commission on which tds is deducted. Now the question is bill is for 450 in our name sales tax is on 450 but we are getting only 300 so sales tax is on 450 which finishes margin, increasing sale price is not a solution as competition is there and company terms says sales tax is paid by us only. so please suggest a way out to help a person in most ethical way.


Vishal
25 May 2014 at 12:26

Income tax refund

i have received intimation u/s 143 (1) no refund.

while filing return i had wrongly input TAN No. due to which my refund was nil.

can any one let me know will be next procedure to claim reund.


PRAMOD KUMAR
25 May 2014 at 12:08

Tds returns

Dear Sir,
Now that the Traces website provide for mentioning the reason for non filing of TDS Return, is it mandatory to fill up the details before the due date?
Also after filling in details that no TDS return is necessary as there is no TDS and later realised that there should have been TDS which is deducted afterwards, is it permissible?


Anurag Dangayach
25 May 2014 at 12:06

Ca final

kal exam h bt confidence khatm ho chuka h nd pdhne ka man nh h bilkul b


PRAMOD KUMAR
25 May 2014 at 12:02

Stock

Dear Experts,
Intelligence people had visited one of my client's place and found that the physical stock is less than stated in books by Rs. 2 Lakhs. They contend it as sale without bills.

They had collected the VAT cheque of Rs. 29000/= and Penalty cheque of Rs. 5000.
What entries are required to be passed for stock adjustment and whether VAT paid can be claimed as expenses.



Anonymous
25 May 2014 at 11:15

About cpa

Dear all
I'm going to write CA final examination next year
And I'm doing MBA also
Now I want to become CPA in US. but I don't know how to get started....
Some of my friends are suggesting that first complete CA after that you can concentrate on CPA
Please give advice....


ayesha jain
25 May 2014 at 10:20

Job security

I am ipcc student, I have registered myself for nov 12 but due my dad health problems I was unable to to give nov'12 and may'13 . I gave nov'13 but unable to clear it. nov 14 will b 3rd attempt from my side but according to icai it will be a 5th attemp. I want to know if I clear nov'14 will it affect my future. I am stressed that I will not get any job after ca as according to icai I clear ipcc in 5th attemp. but according to me it will b 3rd onw. Please tell is my future safe.






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