Sir I have written cpt test 6 times but couldn't clear yet...suggest me..

I had imported machinery in 2010 and put to use in 2011.. however liability for the same is still o/s. For which I have incurred forex loss.. on march 31 2013.

Please express ur views with respective provisions as to whether I should capitalise the said loss to the cost of machinery or charge it to p and l.

Need answer in view of I. T. Act and also AS 11..

Dear Sir,
I had filed form 26Q for Ist Quarter fy 2013-14. While preparing the return I have tally all challan with challan file downloaded from NSDL. Accordingly Acknowledgement issued from TIN also reflecting "0" unmatched challan out of totol 48 Challans.

To I have received intimation from Traces demanding Rs. 10560/- stating that one challan is unmatched. I have downloaded the justification report which is stating the same. Whereas challan no. and date mentioned in justification report is shows amount matched on tin site, when I checked again.



I dont understand why cpc made a challan unmatched who is matched on NSDL site.

Pleae advise me, what is the remedy.

in case of banking companies if the amount of principal or / and interest remains undue for more than 90 days it becomes npa and after that it is categorised into sub standard asset and now provision of 10% is to be created for a period of not more than 12 months. my question is whether 90 days to included in 12 months or not?

I submitted

My Friend started a new company since 8 months ago. His client used to make the payment of bill inclusive of service tax 25% and remaining 75% his client has paid to the govt.As lack of knowledge about the service tax he has used that tax amount and even not registered also
so kindly advice how this issue can be solved?

a revised return was required to be filed just a week after filing of the original return was filed as because the bank account number furnished was wrong.

is the response sheet required to be filed in this case also as it is done in case of rectification of return?

what are the other document required to be sent to CPC bangalore along with the Revised ITR V?

i gave my ipcc grp-1 exams this may 13...
but i did not clear ,this happened to me last time also...
i got 160 in nov 12, and 180 in may 13.
i am very depressed ,i dont know what to do...should i giv exams again or should i drop ca...
i used these books:-
tax - ksp
cost/fm - ashish kalra
acc - praveen jindal.
law - munish bhandari
pls suggest what should i do....

what is the dep. rate on c.c tv camera ?

interest on t.d.s are allowable or not ?

Will TDS be deducted if the company has incurred expenses relating to business such as Business Promotion/Restaurant payments over 1 lakh in a financial year?
If so, under which section and what is the
individual/composite limit?