Hi
According to Circular 1/2014 TDS is to be deducted on amount exclusive of Service tax.
For example
I have come through an entry indicating
Exp - 2500
Service tax + Edu. Cess - 309
TDS(2%) - 57
Is it correct?
From which date this circular is applicable?

hello Sir/Mam, My brother is in Ipcc, appearing for both groups in may 14, pls suggest best self study books for Accounting & Adv Accounting, law , Audit. Presently he is refering Padhuka's Publication, Author- G sekar & B saravana prasath for Accounts and Adv. Accounting but he is finding difficult to understand some chapters like Amalgamation, Partnership, hire purchase, branch accounting. He has not taken any class, Can you please suggest me any other book(s) which is easy to understand and concept clearing as time remaining is very less.also want to know best and easy book for accounting standard other than D.S.Rawat....Thankyou.

helo mam, My brother is in Ipcc, appearing for both groups in may 14, pls suggest best self study books for Accounting & Adv Accounting, law , Audit. Presently he is refering Padhuka's Publication, Author- G sekar & B saravana prasath for Accounts and Adv. Accounting but he is finding difficult to understand some chapters like Amalgamation, Partnership, hire purchase, branch accounting. He has not taken any class, Can you please suggest me any other book(s) which is easy to understand and concept clearing as time remaining is very less.also want to know best and easy book for accounting standard other than D.S.Rawat....Thankyou.

Sir,

I have joined articalship as on 15th May2012, Due to some personal problem I not completed/Registered GMCS 1 till now. now please advice me about penalty or effect of it.

1. Can now i able for join GMCS 1?
2. If yes then when my GMCS 2 Due?
3. Due to this my final exam attempt and articalship effected or not?

I am affraid about my articalship & final exam attempt, I am not want more delay in my final exams. So Kindly aware me effect of this.
Please help me.

If a person is in the business of Horse Racing than the purchase of horse is a revenue or capital expenditure???

and if it is to be trated as Fixed Asset than what is the treatment after it is dead???

An employee pays mediclaim policy premium of Rs.15,000 p.a. for which he is claiming deduction u/s.80D and the same is granted by the employer. Further he is also entitled to Rs.15,000 as medical reimbursement from the employer, Can he furnish the same mediclaim policy receipt of Rs.15,000/- to the company to claim this amount of Medical Reimbursement ?????

Dear Sir/Madam,

Who can use the terms "As per my report of even date" in the financial statements? And what these words denotes exactly? Whether only CA should use it or even a Tax Consultant can also use these terms in Financial Statements of his clients?

Dear Sir,

I request you to tell me the rate of service tax on work contracts. I think it is 4.944 (40% of 12.36). But my employer company is charging @ 4.2768 (33% of 12.36)on the new projects also. What may be the logic behind this.

Thanks

I have received bonus shares and I want to increase the stock in tally. How should I do it?

In Amalagamtion what will be the Treatment for Staff Provident Fund?? and What to do of Sinking Fund????