Dear CCI Members

During verification of BOM for cost audit i found that the company is including the consumables like cotton,oil,etc. in BOM.and showing it to the Material consumed in cost sheet.
In my opinion consumables should not form part of BOM.
can u kindly tell me whether the company can show consumables in BOM.

Sir,
I have spent 5 hours of travelling from audit firm to home to conduct d firm audit.. Shall this 5 hours consider as my articleshp hour. Pls advice frnds.

I am working in a company wherin we are engaged in project management consultant for different awarder. We are managing the client's fund for the project. The project fund is kept in a separate account till the project is over and any interest earned is credited to the fund. We are eligible for project management consultancy fees of 7% of the project cost plus service tax. My question is if client or awarder has to deduct tax u/s 194c of income tax 1961 on the project fund released to us. Experts may reply to this

our company has paid Dividend distribution Tax for the year 2012-13 how to show in financial statement. whether shall we claim DDT as a expenditure or not

Company X Ltd (Private Co) purchased business from Y Ltd.(Only Name i.e Goodwill) and now establishing it like Construction of Factory, Office Etc.
Now my Question is while constructing Factory and other things Co incurred some revenue Expenses Say Vehicle Expenses, Electricity Expenses, General Expenses What treatment should be given to these expenses in Books of A/cs?

Can we called them as Premlimnary Expenses?

Dear Friends,
Please tell me ,what is the due date of filling of the balance sheet and profit & loss a/c in XBRL form for the F.Y.2012-2013.
If AGM date is 15th,June.2013?

And what is the criteria for XBRL filling ?

Thanks
Satyendra Gupta

Please help me by providing the full info on how to revise the pr yr's quaterly tds statement through tds cpc in case it contains wrong pan of ddeductee details.

Hi Friends,

Please tell me what are the possible ways to invest by a foreigner in India,type of entity they can form , what kind of business they can initiate with maximum % of their holding to the business,

Regards,

Why audit of companies are compulsory..?

We want to know the procedures, Compliances and Taxability if Money is transferred from one foreign's Bank Accounts at abroad to One India's Bank Accounts in India.