dear sir,
in our company we are having a loss of rs. 28,64,156/-
as per companies act and loss of rs. 28,95,739/-
as per income tax act depreciation as per companies act rs. 73589/- depreciation as per income tax act rs. 183732/-

but my auditor didn't calculate deferred tax ?

please explain why ?

Dear Experts ,will the depreciation on FA purchased in cash exceeding Rs 20000 be disallowed under the income tax act , i will be grateful for your timely solution..

What if Company is not complying Sec 349 of companies Act, 1956 ????

Dear Experts,
Please solved my query :

Brief description of Service :
One of my friend are carrying AMC with a company. They charges a fixed amt for AMC contract.
In addition to that any other installation of equipment they charges for as per for material which is chargeable for VAT & other bill for installation of that equipment.

My query is as below :
1) What will be service tax on AMC which is provided by my friend ?
2) what rate of service tax on installation of equipment for supplying of material other than AMC contract?
3) will there be any reduction or abatement on work contract of AMC charges or we have to pay 12.36 % of service tax.
Pl. Solve my query.
Thanks in advance.

Sir,

Suppose I Have Imported 100 MT Scrap @ $426/-= $42600 from China,

Now when its come to India , Our Customs department raise a Bill of Entry by valuing is Exchange Rate @ Rs. 56.51/ per USD as on date.

Now Custom deppt Calculats Custom Duty as Follow
100 MT Scrap @ $ 426/MT = $42600 x Rs. 56.51 = Rs. 2407326.00
Add : 1% 24073.26
------------
Rs. 2431399.26
Add : CVD@12.36% 300520.95
Addl Duty 109276.81
===========
Net Bill of Rs. 2841197.02
Entry value

Now A FLC of $ 42600 has been opend for Payment.

Now my Question : by what Value I will Book for Purchase of Scrap in my Books of Account ?

is there any rule Provide by Accounting Standards,

thanks

Hi friends,

I have a company client for OSP Licence from department of tele communication. This will be my first case .. will you please tell me how much fees should i charge from this company.

Thanks in advance

Dear All,
Please tell who is liable to have a current a/c and whether it is mandatory to give bank statement copy for vat registration.

Issue 1:A. pvt Ltd is purchasing Spiral Pad, mouse, Photocopies, Coloue x-rox,A4 paper, Tissue, Diary, CD from Proprietor firm B. B is charging VAT on all the goods which all are inclusive of all taxes. whether B is correct in levying VAT on all the goods.

Issue 2: Whether TDS need to be deducted on such payments?

Dear sir/madam,
I have cleared my ipcc group 1 in November 2011 and i got registered for articles in March 2012 and i cleared group 2 in May 2012, when am i eligible to register for final and when Will be my first attempt for final?
Thank you.
Lokesh.

Result of dec-12 icwai final exam. i have appeared for Group - III and Got Total -194 Marks and pass in all subjects but Failed in Aggregate and got Exemption in Paper -14(65 Marks)
Should i go for Verification
What are the chances of clearing the group -III????