can anybody give me some material on how to account for following type of business

I shall construct the flats and give 50 % ownership of flats to the land owner. ie Land Development Business

How should I do accounting of such Business??

in case of sale of property value of property as per govt.rate is 3.00 crore but actually property has been sold for rs.2.00 crores, can we deposit rs. 1.00 crore in our account books.

Hi,
I had completed my articleship on 08/03/2013. But i have extention period of 3 months. Rightnow im preparing for Final Grp 2 in May 13.
If i want to continue in the same firm to complete my extention but after my exams get over on 16/05/2013, so wihch form i hv to submit to the ICAI and whats the time limit for the same.
If i want to discontinue in old firm and want to complete my extention in some other firm then which form and whats the time limit?
Plz provide guidance for the same....

hi i am interested in taking NET exam and what is the procedure to be followed to take up the NET exam plz guide me

ONE OF THE CLIENT SOLD TO HIS FLAT WITH 40 LAKHS AND HE PAID A COMMISSION TO BROKER 10% I.E. 4 LAKHS WHAT TO DO AS PER INCOME TAX ACT PLEASE GIVE PROCEADURE AND HE IS A SMALL BUSINESS MAN HIS TURNOVER IS BELOW 4 LAKHS ONLY

sir/madam,
I have registered for both groups of IPCC & ATC.SO,DO I REQUIRE TO COMPLETE 1YR of ATC & continue 3 years of articles or is that training covered in those 3 years of articles.please suggest.

Respected members,

One of my friend runs a 2 wheeler showroom (sales and service) in Pune.

He pays excise duty to the manufacturer while purchasing the vehicle as well as spare parts.

As he provide free+paid maintenance service to the customers, he charges service tax on labour charges.

Now, the question is, can he take CENVAT credit of the excise duty paid while purchasing the parts/vehicles and adjust the same against service tax payable.

As per my knowledge, he cannot take CENVAT credit of excise duty paid on purchase of vehicles, as the same is not being used in providing the output services.

But what about the spare parts he purchases? Can he take the CENVAT credit as it is being used for providing the output services?

Thanks in advance...:)

namaskar,

can anyone please tell me the due date(as extended) for return filing for quarter 1 of year 2012-2013 i.e april 2012 to june 2012

and please tell me the interest payable for late depositing of tax.

SIR HOW MUCH DOES IT COST TO MAKE A GENERAL REGISTERED PARTNERSHIP FIRM ?

Hello Sir,

Please provide me C.S Executive program Material.