If a person is an artist. He makes paintings that are displayed in exhibition and are purchaseed if anyone likes it. Will the receipt come under sale or professional fees.

Sir,
I want to know the format of NOC which is going to be attached with form-18.
And i also want to know that i am going to incorporate a new company whose registered office is already registered office of same group's company, in this case what should i do and what is the attachment of form-18.
And is there any necessity regarding Noc like stamp paper and letter head?

Dear Expert,
My query is following...

A.Y 12-13 we received advance rent and that service tax (@10.3%) liability paid to deptt.
and after we cancelled all rent bill.
Now C.Y (after 2Q) we raise bill to our party with ST @12.36%.

my question is that time we deposit st & now we adjust st. but we rais st two times with party in inovice.

wht is correct accounting.how we show st adjustment at the time of 2q return

Example our rent is 185000/- + ST

Please reply me.

Hello experts & fellow members,

I started a small size BPO last year Jan 2012 and started receiving USD from my client in US. As I was new I never knew about getting FIRC from bank and submitting it to RBI.

Only 4 month back my Company secretary told me that I should get FIRC for each foreign transaction & submit to RBI. When I was informed I asked my bank to provide me the FIRC & still I havent got it. I have been walking in & also submitted a written request but my banker isnt taking any initiative.

Now people scare me telling me that if FIRC isnt submitted to RBI within 180 days then I have to refund all the money I got as invoie and some confuse me that only if the revenue is more than a lakh (Rs1,00, 000) I have to submit FIRC.

Now my questions are....
1. Is that true for all remittance from client abroad, I should get FIRC or payment above Rs1, 00, 000 ?
2. If 180 days is time limit, should I refund or do I have any other means to submit?
3. What to do with banker who isnt taking things seriously and provide me the FIRC, can I file a case against them, because I can't refund fund I received, I run a smal process with revenue of $1000 which is Rs.50000 plus and calculating it for a year the money is huge for me to refund and also scared with exhange loss....

Please clear my doubts...

Please clarify accounting entries as per AS 11 at the time balance sheet.

Amortized the forward exhange contract and closing rate of march also accounted or not?

Dear All. Is there any change in wealth tax exemption limited for the Financial year 2012-13 which was previously 30lacs.

Thanks

Dear Experts

I'm employee on an organization,I have been working for 2.5 years.

so far i didn't applied for PAN Card & from the past 7 months i've been charged approx Rs 5000 as income tax

I dont know why? may be it bcoz of PAN card, if it is so can i get refund once i got the PAN card

Pls advice

I REQ. PAN NO. OF INDIAN RAILWAY CATERING & TOURISM CORPORATION LTD. URGENTLY. PLS PROVIDE THE SAME IF ANY ONE OF YOU HAVE IT.

Dear Sir,

can u help me ?

Can u suggest a good antivirus software.....

Quick heal or kaspersky or any else......

Thanks in advance.......

Reply as early as possible.......

sir,,'m a student of ipcc under direct entry scheme...as i have received my institute books on 21dec2012..but ihavn't received my registeration letter...sir tell me wat 2 do further???????reply me 'm waiting.....