A company produces a single product sells it at Rs 50 per unit. The variable cost per unit is Rs 35 and the fixed costs are Rs 12 lacs per annum. Please calculate:
(i) P/V ratio and break even sales
(ii) New breakeven if variable costs increase by Rs 3 per unit, without increase
in selling price.
(iii) Increase in sales required if profits are to be increased by Rs 240000
(iv) Quantum of advertising expenditure permissible to increase sales by Rs
120000 without affecting the existing profit quantum.
All the events are independent of each other.

can any expert tell me the probable percentage of result CA-FINAL Attempt June 2009.

A BSE LISTED COMPANY GETS DELISTED ON 1ST JAN 2009(ACCOUNTIG YEAR 2009-10)

WHAT PREVILIGES,INFORMATION AS A SHAREHOLDER I WOULD BE LOOSING?

AS NOW NO BINDING EXISTS ON COMPANY'S PROMOTERS UNDER LISTING AGREEMENT,THEY ARE NOT OFFERING LOT OF INFM. OF 2008-09 IN ANNUAL REPORT.

HOW TO MAKE THEM DISCLOSE.?

(i) Excess of _______ over _______ is called as deficit in a non-trading organisation.
(ii) Discount received is recorded on _______ side of the cash book, while
discount given is recorded on the _______ side of it.
(iii) Fixed overheads are charged to cost of production under _______ costing,
whereas only variable costs are considered as product costs under _______
costing.
(iv) Bills payable account is a _______ account and closing stock account is
_______ account.
(v) Posting from a Purchase return book is made to the debit of _______
account and to the credit of _______ account

Hello,
Please let me know whether an assessee who was conducted Search u/s 132 liable for tax audit if the sales turnover is above 40 lakhs. Notice for assessment u/s 153A is not yet been issued

Can tax audit be done based on the extracts(photo copy of books, vouchers and bills) taken by the assessee during search

I want to know that which cities shud be opted 4 campus placement.
Is ahmedabad a better option with delhi?
anuone pls answer my query as soon as possible.

Q1. tds is deducted on payment basis in the case of salary.

if yes then wat should i do in case of director`s salary payable.

Q2. if chartered accountant maintain accounting concept on cash basis but his client deduct tds on the fees payable on his book.The client issue tds certificate to the chartered accountant and he claim the tds on that financial year but he did not received any payament from dat client. The conecpt is right or wrong.

I am getting conveyance reimburshment a sum of Rs. 6000.00 per month, what is taxable or not at the hand of employee. earlier company is paying FBT on the said amount of conveyance reimburshment.and other I am also getting a conveyance allowance of Rs. 800.00 per month.


Regards,

Umesh Rohilla

At present (FY 2009-2010) what is the rate of TDS under the following circumstances

a. In the case of contractor
I. If the payment is less than Rs.10 Lacs
II. If the payment is more than Rs.10 Lacs

b. In the case of rent paid
I. If the payment is less than Rs.10 Lacs
II. If the payment is more than Rs.10 Lacs

No tax was deducted on advertisement expenses by a company while crediting the deductee. So during the current assessment year the said amount will be disallowed. Now my doubt is if the company pay the tax in the next assessment year, do they have to revise the current assessment years tds returns or not.

Heard that if the comapny is issuing Form 16 A to the deductee revising is necessary otherwise no need

please give ur opinion and comments on the above query.