i hav ma final attempt on nov'15 i'm thinking to start with isca & audit self study. whether should i go with the same or any alternative option, any suggestions most welcome. bcoz i hav to start the practical papers after may...

As per notification 12/2013 service tax, service receiver should provide Form A2 to service provider so as to claim service tax exemption ab initio. This notification came into effect from 1st July 2013. Now one of our client has given us form A2 dtd 6th October 2013. Should we charge service tax for the invoices raised between 1st July to 5th October or Form A2 is retrospectively applicable? Please rely asap

Hi All,

I have a small query.
A Company has made a payment of Rs.20,000 to a contractor during June 2013 and TDS was not deducted on the same, as the payment did not exceed the threshold limit.
Later in the same year, during December 2013, the company has paid to the same party Rs.1,00,000 and for this payment TDS was deducted.
In December 2013, should TDS be deducted for Rs.1,00,000 or for Rs.1,20,000 (including the previous payment)
Please state the provisions if any

Hello,

i want to know is it possible that service tax paid on security seriveces under reverse charge method,be debited to serivce tax account insted of debting cenvat credit input account.

is it correct to debit to service tax account and tranfer to p&L account and to show in p&L statement.

thanking you in addvance

MY ATTEMPT OF IPCC IS ON MAY 2014 AND AM FOR DIRECT ENTRY SCHEME, AM CONFIDENT PREPARED MY GROUP 2 ?CAN I ABLE TO GIVE GROUP 2 BEFORE GROUP 1 IS THEIR ANY RESTRICTION FROM ICAI ?
REGARDING EXAM?

PLZ HELP

I want to know which books are best relating ti ca final for self study

Hi Experts,
We are running our real estate business of selling commercial shops. We are an authorized agent between buyer and seller and it was also mention in sale deed that we collect whole sale consideration on behalf of seller and reimburse them to seller on sale.
We collect whole amount of sale consideration from buyer say(Rs850000/-) and paid to seller (say Rs 700000) and earn Rs 150000 as income. So whether we should consider it normal sale/purchase or consider an commission income. Also suggest me appropriate accounting income.

Rent deposit 10 and rent for the month is 2 payment is for Mr.X...can you tell me the journal entry?

I am facing problem while filing FORM 23AC and 23ACA. Problem is that confusion of sequence of date between the following: 1)AGM 2)Board Resolution 3)Singing of Board Report 4)Singing of Director Report. 5)Signing of Auditor On Audit Report or Books of Account. 6)Singing of Annual Return. 7)Annual Report. 8)and Board meeting. Which date will come after or before, i am so confused. please, clarify the problem.

sir i am going to start my business of printing saree boxes, i will purchase paper from outside, getting it design, printing, and other process from outside, i will not purchase any office for it, shall i go for it, whether excise or service tax issue arises on selecting my home as my office?