Please tell me the best way to value Inventory

A promoter of a private limited company wants to transfer his share to another person.
The face value of share is Rs. 10 and the number of shares is 1,00,000 shares.
How to compute the value of shares to be transferred and on what date should the shares be valued. whether it is on the date of transfer or on the last balance sheet date.

waht is stock statement? why it should to give in bank monthly?

I received salary from UK employer during my employment (4 months)in UK (2012-13).

the salary eared in UK be added to the taxable income in India for the said period.
IN UK TAX already deducted in income.

also which exchange rate i convert my UK income for showing in ITR form and which exchange rate i use for tax rebate.

My Residential status is resident in year 2012-13 i am residing in India more than 182 days .

hello.. I am a cs final student and due to give my last two modules this June 2014.. I am in dual mind for what to pursue next.. ca and llb I don't want to opt.. I was planning on cima and than mba in finance.. would that be relevant?? plz plz do help..

I need a certification on my Information systems from a CISA or ISA professional. Is there any CISA or ISA experts here? Please provide me contact info.

Hello everyone,

kindly provide me solution of the following.

Income from house property (ay 13-14) - 100000
Income from Business profession(ay 13-14)-200000

Loss from betting for AY 10-11- 50000/-

what will be the treatment of loss from betting ?

waiting for the views of the experts.

i am doing the concurrent audit and the bank is using finacle software.i want a book on finacle software,please recommend me the book that will be useful for me

Hi this is srinivas
Q)If the assessee is individual ,doing business ,having turnover lessthan 1crore,if his income is less than 8% of turnover,is liable to tax audit as per u/s 44AB, and 3CB & 3CD are compulsorily Reported by a CA ,& is counted in tax audit ceiling limit,
if not what is the procedure & what is the due date of filing return of income in the above case?

Under service tax What is the Simple Meaning of declared services? and what is the Differance b/w declared service and negative list?