I was partner with one of senior Ca under whom i did my articleship, during last september while doing Tax audits he asked me to do the tax audit of one of his client. since there were few discrepancies regarding service tax so i prepared the balance sheet nad profit & loss a/c but refused to sigh and file the report.

In due course the ca filed the return of assessee with figures of bs and pl prepared by me and quoting my name as tax auditor.
Now he is saying since your name is mentioned in the ITR so u r liable to sign the report.

Can any one tell me what can be the consequences of the same in near future.

sir i hav registered in cs from delhi and given executive there. i hav enrolled for professional in delhi now can i change my center to sum other city of india instead of delhi nd give exam there

Hello all
We have a client who generates electricity on behalf of state electricity board. our client pays tax as per MAT. the MAT is reimbursed by the state board. Now how to treat this MAT reimbursement in books of accounts? Will it be income? and what can be entry to be passed? Plz reply its urgent

Can anyone help me out with a sample covering letter for partnership registration with rof in maharashtra? Its ugent.
thanks in advance

1) How to account far CST 2% purchases in tally. Ex: If a cst 2% purchase made from Ram & co (basic 15000, tax amount 300, total invoice value 15300/-) what is the purchase entry in tally.
I entry in tally :
Dr Purchase A/c 15,000/-
Dr CST 2% A/c 300/-
Cr Debit RAM & Co A/c 15,300/-
2) When I sold above to Hari Shankar Kr material 18900.00 ( Sales Amount : Rs 18000.00 & Vat @5%= 900)
Dr Hari Shankar A/c Dr 18900.00
CR Sales A/c 18000.00
Cr VAT 900.00

My question is above 2 entry is correct or not & how to adjust my Vat to cst tax.

Dear sir/madam, I want to take transfer of my articleship after one year on the grounds of my marriage and relocation to new city.i sent letter to icai along with proof of marriage certificate and principal CA permission letter i.e,No objection letter.but I didn't receive any response from icai,how many months it will take it's already 3.5 months are over..I called institute but they didn't say anything about the time it takes to respond..plss can anyone solve my problem???

Respected Sir,

I have taken LIC Policy on dated 31.3.2014 & deposit Rs, 50000/-as Premium on the same date.

Please tell me this amount is eligible under section 80c for the f.y. 2013.2014.

I want to know what is time time limit to file itr through e returns for exiting year and also for current yeras

Hi,
Can u please tell me Due date under 139(1),139(4)and last dates for revised return, rectification return with an example.

Thanks & regards

Dear Members

An assessee sells a Residential property and invests the amount in residential property in SEZ on Lease basis.The lease agreement between Lessor and Lessee is Perpetual one. The amount paid as consideration is non-refundable premium.

My query is whether the assessee can get Capital Gain Exemption.

Appreciate your ealy reply on the same.