if a pvt limited company which carrying out a business of software development is doing indirect expenses such as rent of the premises, remuneration to director, electricity expenses, etc, then we have to take these expenses in indirect expenses or we have to show them in fixed assets as software develpment expense and capitalize it
my client is having a comapny ,registered address of which is in gujurat and having a branch office in mumbai.he wants to obtain a vat registration no. of maharashtra.can he do so and if yes what are the documents required for registration and procedure.pls do let me know.
whether there is any diff between fob price, fob value & transaction value.also on which value i.e. whether on fob price plus adjustment under rule 10(1) like material supplied by buyer ,design charges etc 20% / 1.125% of air freight and insurance is to be charged or on fob price alone without adjusting for rule 10(1) it is to be charged
if Mr. A has two business one in delhi and other in bombay both are covered in tax audit and audit is done by two different CA then how to upload the 3CD form electronically.?and which will upload the 3CD?
My father willing to gift Rs.20 Lakhs to me by cheque by preparing of gift deed of Rs.100 and i will planning to invest this money in purchasing of House under Redevlopment project within 2 years. How this transaction will be seen from Income tax point from the point of my father return and to my return of Income Tax? What will be the implication when i will invest money entire in purchasing of property and made an advance to landlord within 6 monthsbof gift deed
After passing CA final exam, if anyone are planning to be rendered the services to his family & relative business on the basis of the project base, the consideration how to take care in the books of accounts, can he raise the invoice when he was he has applied for membership number?
To become the Cfo of the private Ltd. Where its authorised capital is less than 1 crore, what are the compliance, a CA is required to fulfill & also CA wants to do practice !
How to treat and record the expenses incured for the transaction Revaluation of of land & building ? In financial statements ? What is the cardinal principal of taxation?
My friends son lives in Australia(NRI) He got married recently,It was a high profile marrige He got cash gift from guests of more than 20lacs plus jwellary etc.He wants to purchase residential plot in urban area He does not have bank a/c. Can he purchased this land in csh.How I T deptt will be in picture Total financial involvement is less tha 10lacs
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Software development