Hello - I am working in IT company. We have bought multiple assets in FY 2005-06 and onwards. We have taken input VAT credit and shown as receivable in our books.

Now out of those assets we have sold few, Do I need to reverse the VAT credit taken earlier, if yes, what would the entry

Thanks and Regards,
Pankaj

I have applied for transfer of my articleship in 2nd year. I have sent my application to the Institute along with the required documents 3 months before, but till now i haven't received any response from ICAI. I have called in Mumbai Branch of ICAI they told your application is sent to delhi wait somedays...etc
Now what should i do? please help me... is there any way to kw the status???

after e filing st-3 the status in aces site shows 'filed',does this mean it has been accepted by department? or will the status change once accepted by department?

2) do we need to submit a hard copy also to the department after e filing ?

what should we do if the status is not changed even after a couple of days?

Dear Sir

I Want to registration for authorized income tax practitioner and also want to get Gujarat VAT enrollment number. So please advice me I am eligible for applying?

My qualification is B.com (LL.B. 6sem result pending and also experience in of 4 year consulting firm) if I have eligible please know processor of both registration and which documents are required?

Thanks & Regards

Dear Experts

PF employer contribution is part of CTC or Excluded from CTC. please clarify my doubt.

Thanks In Advance.

Hello dis is puja i am writing my icwa exam in june 2014 i hve nly 46 days can anyone tell me how can i prepare 4 subjects ( F.A ;D.T ;LEG;CAFM) . Dis is my 2 nd attempt pls suggest me some time table

Dear

Pl help on below situation:-
One of mine friend had a contract with US company to work form India and Co will pay in US currency.
At present his resedetial status is NRI.
Should amount paid by US co. is alos taxable in US also.

If one contractor registered under Construction of Industrial or commercial complex, not in works contract service and gross amount charged in the bill/invoice exclusive of cost of land then what percentage of service tax he will be charge on his bill/invoice? is it 33% of 12.36%? but 33% abatement rate not mentioned anywhere in the Notification No. 26/2012-ST dt. 20-06-2012

Kindly resolve

We are Applied optical Technologies Pvt LTd & we would like to raised the Demo Invoice to party so we would like to know that when the demo invoice is to be raised can we charged the vat tax on the bill please let us know?

Regards
Sunil

Pls guide with example for accouting entry for gratuity & leave encashment as per actuarial report in books of accounts.