Need help on the following scenario:

Type of Service: Man Power Recruitment
Date of Billing: 13.10.12
Date of Realization: Feb 2013 (expected).

My question:

1. ST to be deposited based on billing quarter i.e. Oct- Dec 2012 or realization quarter i.e. Jan- Mar 2013.

2. If it is based on billing quarter then what would be liability towards interest and will there be any penalty (our ST liability based on billing quarter was conveyed to the client thru email in the month of Dec 12).

What is meant by value trading

Dear Sir,

I have taken exemption of my home loan principal & interest amt. but due to long distance between my home & office, we have resident other home on rent basis.

my question is - can i take HRA exemption ???

Pls advice.

Regards,

Rajendra

Can I take transfer if principle is not ready to give transfer. This is the first year of my articleship.

If An Individual paid Medical insurance premium of his father Rs 18000,and mother Rs 20000 and Spouse Rs 16000.What is the Deductible amount claimed u/s 80D?

Whether the amt claimed for deduction will be Rs 45000 or Rs 30000.

can we get deduction on 80ccg separatly other than 100000.

Dear Sir

I just want to know what are the aspects to be verified in payroll, if we are the statutory auditor of the listed company.
i want to know each and everything in payroll.

Kindly help me in this regard
rengasamy

Hi, I am a icwai intermediate passed student. i want to do final also. for that have to do practical training. can i claim exception from training with a 6 months experience in us based taxation company?

sir,
i have cleared my 2nd group of IPCC in nov. 2012 (result on 5th feb.2013) but my articleship started on 12 december 2012.
i have not yet registered for CA FINAL.
so, whats the last date for registration........

hi,,


Anyone can suggest me in the following situation:
Company purchased capital items for office use i.e. Computer, Printer & UPS/Battery.

Invoice 1:

Computer(2 qty.* 25000) 50000
Printer(2 qty.* 16000) 32000
UPS/battery(2 qty.*8000) 16000

In This case, Entire purchase has booked under head Fixed assets- Computer and depreciated charged @40% as per companies act
Invoice 2:

Printer(2 qty.* 16000) 32000
UPS/battery(2 qty.*8000) 16000

In This case, printer purchased has booked under head Fixed assets- Printer and depreciated charged @13.91% as per companies act
and UPS/battery under Fixed assets-Computer and dep. @40%

I need assistance on whether the company can do so...
or is there any contradiction exists with the Indian accounting Provisions.

Thanks

Badal kansal
9873471131
Email Id: badalkansal90@gmail.com