Can anyone explain me whts is the difference between IFRS, Ind AS and IFRS.....nd which ones are mandatory in India for companies...???????????

Whether revised schedule 6 applicable for FY 2011-12 onward or companies filing return for FY 2009-10 now also required to file as per Revised Schedule VI

A tailor works by 2 ways:

1. Purchase Fabric, Stitches it & the sell clothes.

2. Client(3-star hotel) gives him fabric(rs. And in consideration he receives Job Charges.

Query : Whether the 2nd point will be covered under defination of WORKS CONTRACT under DVAT??, & thereby liable for Vat on its (Job Charges-Service Portion = Value of buttons,thread,etc.)??

Dear All

Can Anyone please help what is the right criteria to recognize revenue of a real estate developer. What shall be the proper Recognition.

Dear Experts,
I Would like to know whether IEC Code alloted in the year 1978 will still be valid.

Thanks

We are looking for a registration of Limited company in the name of India Housing Ltd. Is registration is possible with this name with the authorised capital of Rs. 500000. Pls also inform me the additional compliance and requirements in the case of Limited company registration pre and post registration.
Pls help us soon.....

At the time of filing Income tax return for assessment year 2010-11 ,my sister-in-law by mistakenly wrote wrong PAN number and due to this ,now she has received a letter from Income tax dept(Delhi) which includes that the return is pending for that year and should be paid .Within 10 days ,if response is not given then proceedings will begin. Also,the letter contains some different name of company.Kindly, guide us.

Suppose A sold equity shares of a private limited company on 18/12/2012 sales consideration=10947469 indexed cost of acquisiton=1898358 so LTCG= 9049111. Now to avoid capital gain tax, A wants to invest Rs.50 lacs u/s 54EC(NHAIbonds) during march 2013 Rs.40.49 lacs u/s 54EC(NHAI Bonds) during April 2013. My question is =How it will be reflected in the income tax return of the assessee for ASST YEAR 2013-14.?Whether whole deduction u/s 54EC to be taken in Asst year 2013-14 or 40 lacs during 2014-15 as the financial year changes.? Because u/s 54EC maximum deduction is of Rs 50 Lacs during a financial year.

I had passed my group 1 exam of ipcc and now i am preparing for may 2013 attempt. And i will be joining articleship in june. So for which attempt i will be eligible - may or nov for ca final. If i am eligible for nov ca final exam then for the gap of 6 month(from may) i have to do articleship or not.

sir/madam

my salary is rs. 15000 p.m. so i don't need to pay tax and file a return but i want a home loan and bank told me atleast you must posses 3 yrs. return then only loan will be sanctioned. now i want to file a nil return wheather i can do it or not ? if yes then what is the procedure ?


THANKS & REGARDS..