Hi,

I am Really Confused with these, Please Answer in Detail with Example if possible.

A. Difference between Provisional and Projected Balance sheet and its USES ?

B. what are the Basic Ratio to analyses a balance sheet for loan ?

M/s XYZ (Export Orientied Firms)

Sales > 1000 Euro on 1 April 2012 (Rate 69.70)
Sales Proceeds > 1000 Euro on 25 April 2012
(Rate 71.25)

At What Rate the sale will be Recorded ?
while making the Bill the amount will be Recorded in Euro or INR ?

NOTE : Is there any AS Governing the same ?

I am a business person. We have started a private limited company on Nov 2012 and still now no income generated and there is no bank account opened but we have PAN. Still we are doing office indoor works. We dont have sign board, no commercial power supply ( service applied). Do i need to file income tax

We have received a bill from a foreign company for the testing work done by him on behalf of our company. We have made him payment also in foreign currency.

Service Provide - Foreign company
Service provided at - Outside Country
Payment made by - our company ( a domestic company)
Service recipient - Foreign company (our overseas supplier)
Nature of Service - Lab testing of materials

Will this transaction come under the preview of IMPRT OF SERVICE ?
Are we liable to pay service Tax on the same.

Dear Sir,

I have completed 1year and 6month of my articleship training. I wish to know whether I can opt for secondment for the remaining 6months and then go for industrial training for the last year. Or only 1 option is available.

Sir,

Management says the auditor to written back the creditors under Section 41 of IT Act, 1961 and take that amount in P&L A/c in that case is it responsibility of CA to take written representation of the same from the management?

Sir,

Is it the responsibility of CA to verify from the records of Company whether the Annual General Meeting was actually held in private limited before filing form 23B for his appointment or re-appointment?

Because he has the option of AGM in Form 23B..

Please reply..

We are going to pay 30000/- for rent which was used at the time of training period please tell me tds should be deduct or not

sir

I want to know about option in currency. My Q. is 53 rs. put 54 rs put 55rs put in march what is the mean of this different rate of put.

Dear all,
My query is Mr. A's Fixed Asset is Car & his Flat & he is partner in a Firm (all partner are family member) & he use his car for firm but car booked in his Personal a/c not shown in firm. please suggest can he claim depreciation on his car in personal a/c? & also suggest about depreciation on his flat.
Thanks in Advance.