Anonymous
25 August 2013 at 18:12

Ipcc

announcement by BOS of ICAI, the Hire Purchase Trading A/c and Hire Purchase Stock and Debtors Methods are deleted from the syllabus of Hire Purchase topic of Group I Accounting paper.IS IT APPLICABLE FOR NOV 2013 EXAM???


Sanket
25 August 2013 at 18:12

Vat on movement of goods

Hello,
We are the into manufacturing business. We have got an order from customer based in Singapore. He requested us to dispatch the goods to his customer based in India.
Since the movement of goods is going to be in the same state, do we need to charge VAT to him?


Amit
25 August 2013 at 18:07

Permission for another course

Hi,
i am ca student i will join cs so,please give me information for prior permission from icai


Rajendra Mehta

Dear sir,

We were doing Tax audit & Vat Audit for the year ended 31.03.12 of a Public Ltd Company having a turnover of more than Rs.25 Crores.

For the year ended 31.03.2013 the company has appointed another auditor without any intimation to us.

1) Is it compulsory for the newly appointed Tax auditor u/s 44AB to seek permission from me ?

2) If it is compulsory than what is the alternative left before me if the newly appointed tax auditor doesn't take permission from me. Pls note that I do not know the name and address of the newly appointed auditor.
The Head of the Finance Dept. of the company has not informed us regarding the same.

3) If seeking permission from the previous auditor is not compulsory for Tax and vat audit than is it compulsory for statutory audit of a company ?

Pls reply in details.
Thanks in advance



Yajuvendra Rawat
25 August 2013 at 17:36

Income tax

Sirs and Friends,

Do i have to send a copy of last years income tax return, bank statements, TDS Certificates to the Income Tasx Department if i efile the return please clear my doubts. I saw this checklist given in Income Tax site while downloading itr return excel files

Best Regards,
Yajuvendra Rawat


Naveen Kumar
25 August 2013 at 17:28

Closing stock calculation

Dear Experts Please tell me how to calculate the value of closing stock .Please Explain me with Example.

If Op.Stock= 2,19,460
Purchase= 84,46,328
Consumable Store= 50461
Freight Inward= 57155
Labour Charges= 47110
Wages = 571730
Water & Elect = 137392
Sale =1,06,69,821
Job Work = 18,50,403
GP Raito= 18.92%(Sale+Job Work)

Please tell me the value of closing stock with explanation.Is there any specific crateria for expenses. like wages are not more then 25% of Sale Price Etc.

Please reply me at my e Mail adress=nk96093@gmail.com



Anonymous
25 August 2013 at 17:26

Disqualfication u/s 226

Suppose notice of AGM is short. No form 22 is obtained by the Company. The auditor carries out his duties without being aware that his appointment is defective. The fees that he has received from his client, would it constitute indebtedness,since his appointment is defective.
Thanks


Amreek Singh
25 August 2013 at 17:23

Interest income

if individual carrying business of finance and received interest as income then what head to be choose. is it business income or income from other sources. please give answer in detail with section



Anonymous
25 August 2013 at 17:22

Nri shareholder in a n.b.f.c

Dear Sir / Madam,

Can a NRI become a shareholder in an NBFC ?. If the answer is YES are there any regulations in place by RBI on the same. ?


CA Prabhat Kumar Makhija

While Filing individual assessee return on 31st july for the A/Y 13-14, i had made a mistake in filling the column of assessee father's surname.

Now i want to know whether i should revise a return or file a rectification under sec. 154?






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