Sir,

x pays interest to y . y was went to usa
2 years back. x is audit case. since 4 years. x pays interest to y Rs.25000/-. y is ready to give 15G .

is he eligible to give 15G OR NOT, BECAUSE HE IS NRI. OTHER WISE X SHOULD DO TDS

SIr,

one of the proprietory concern is audit case for the following financial years
2009-10
2010-11
2011-12
but during the financial year 2012-13 is non audit. so tds is applicable (if this concern paid rs.21000/- interest during the fin year 2012-13)

As we know exps like Preparation of AOA & MOA and other legal exps are treated as Preliminary exps.
My question is that what would be Accounting Treatment of other than Legal Exps such as Revenue exps for opening co. before commencement of Co, decoration & All other revenue exps.

Kindly reply me by refering AS?

Can any one please tell me "Order to cash" system/process (Generally)

Excise Duty should be part of purchase cost or not?

1. Should I add excise duty in purchase cost and purhcase account should be debited with (goods value + excise duty)

OR

Should I Debit purchase account with purhcase value and Excise Duty Account with excise Duty Value?


2. In what conditions, Should I keep seperate and in what conditions, should I add excise duty value in purchase account?

Hi,
Elections have been declared in the State of Karnataka to be conducted as on 5.5.2013.
Can anybody pls tell me due to elections CA exams will be post poned? or will be conducted in the month of May only?

Can a revised return be filled even after assessment u/s 143(2).
The Facts are

The assessee forgot about interest income and filled his return without taking interest income even though tds was deducted.
after assessment he found this mistake can he now file a revised retun for Asst yr 11-12

can an individual/ partnership firm engaged in providing coaching classes claim presumptive profits under 44AD?

1) MY CLIENT HAS HOTEL BUSINESS WHICH IS ON RENT ( I.E HE HAS TAKEN THE HOTEL ON RENT) IS RS 1000/- EXEMPTION LIMIT IS APPLICABLE TO HIM OR NOT?
2)IS 60%-40% RULE APPLICABLE TO HIM?
3)CAN HE TAKE CENVAT CREDIT ON PROFESSIONAL FEES AND RENT PAID BY HIM????
4)please advice what exactly should be done.

What is the rate of stamp duty in Uttar Pradesh for the Partnership deed with initial capital of 5,00,000. Kindly tell the rate also.