Ritu Raveendran

I d like to know what all courses are available after clearing ipcc both group ... i am in sybcom now in mumbai university but i dont want to waste next 2 years of articleship by doing nothing special other than grad
Any suggestions



Anonymous

Hi,

We as Employers have missed depositing a part of the salary TDS deducted (for FY 2012-13). We did pay the other part TDS Challan on time (before 15th May 2013 for Financial year 2012-13) and TDS return was also filed.

Some Rs. 50,000 TDS (pertaining to a single employee, whose record is included in the TDS return filed i.e. 24Q) has been missed. We know it is a big mistake.

Now is it possible to pay a new TDS Challan (pertaining to this amount with interest and any penalty due) and then correct the TDS return filed at TIN Facilitation centre.

If such correction is possible, will we be able to get corrected Form 16 (from Traces Portal)?

Please advise. Any help will be great.

Regards, Atul


uday singh Negi
31 May 2013 at 20:36

It is prior period item or not

suppose a company get bill from a shipping company as on 15.03.2013 (when shipment move ) and he raised the bill to his customer as on 10.4.2013 (when shipment reached )

1)so where to book expense and income in f.y 2012-13 or in 2013-14

2)so now here if he record that expense as on 10.04.2013 against it's income ( as per matching concept )

3)it is right way to book the expense and income or it is prior period item

4)is here matching concept and accrual concept are conflicting

because as per accrual concept when expenses accrued we have to book but as per matching concept income and expense should be record in the same financial year

thanks



Anonymous

Best self-study book for basics or fundamentals in accounts
Dear CA club members,
I am a CA-IPCC student, appearing for Nov 2013 exam for both groups.
I am aspiring to proficient in accounts, as Accounting is a subject which is highly demanded in a profession of CA.
On contrary I am not well versed in the subject of accounting, (even lacking in basics) I am seeking guidance from all CA club members to help me by suggesting , to self-learn all basics of accounting.
I request all of you to suggest me with the best book for:
Self-learning, also be proficient on: Basics/fundamentals of accounting.
Which could form a foundation for IPCC accounts and advance accounting. Also endeavouring to gain good marks in above mentioned subjects of IPCC
Which could include all basic and even minute details. With full of examples or illustrations.
I humbly thank all CA club members in advance. Have a great day.


GIRISH
31 May 2013 at 20:11

Vat audit turnover f.y.:2012-13

HI EXPERTS, MY BUSINESS SALES TURNOVER IS 5848661.00. BUT IF I INCLUDE 411802.00 TAX TOTAL BECOMES 6260463.00

SO MY QUESTION IS IF I INCLUDE TAX THEN IM LIABLE FOR VAT AUDIT. AND IF NOT THEN IM NOT LIABLE FOR VAT AUDIT.

IM NOT CLEAR WHETHER TAX HAVE TO BE INCLUDED OR EXCLUDED.
KINDLY REPLY URGENTLY EXPERTS..


mOHIT sONI
31 May 2013 at 19:27

Service tax - appeal

Expert,

WE RECEIVED DEMAND NOTICE FROM DEPARTMENT
WE FAILED TO MAKE APPEAL( WHICH IS REQUIRED TOBE MAKE WITHIN 2 MONTHS TO COMM.(APPEALS)).

NOW IF WE WANT CHALLENGE DEMAND NOTICE THEN WHAT CAN WE DO ???????

PLEASE REPLY.....


CS.Ranjani
31 May 2013 at 18:21

Ca regulations

A PCA's wife is a director in a builder co.Foll are the queries

1) Can the PCA do BUSINESS..? If so what shld be his principle role or stake in such business like his investment, involment, loan. what if his relative/s have substantial interest in such business.

2) How would his retainer or remunertion be structed and any resolutions to be passed for his appointment, any disclosure requirements under cos act and other acts or CA regulations, etc

3) Whether he can be part of the BoD's of the co in which his wife is a director, what could be the issues to be looked upon under cos act, CA regulations or other.

4) Can a PCA be an executive or non executive director? if so, what are the disclosure requirements before ROC / IT / CA regulations..

Any other issues to be looked upon pl suggest.



Anonymous
31 May 2013 at 18:12

Tds matter

If we have paid TDS on wrong TAN no. then is there any procedure to get refund the same or rectify the mistake by transferring the same on right TAN no.


RAJESH KUMAR CHOUDHARY

hello friends,
which is the best self study book on financial reporting(ca final),paduka or p c tulsian or m p vijay kumar or some others ?


gayathri
31 May 2013 at 17:56

Filing of tax returns

I have to file a Income tax return for my assesee online for the f.y 2010-2011 [ A.y 2011-2012] i.e year ending 31.03.2011

will i be able to file, is Income tax site is accepting return for this year


Thanks





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