Dear Expert

Please help regarding my queary about Debtors W/Off

last year(2007-08) my client tax liabilities as per audited balance sheet Rs. 3.00 Crore

but this year(2008-09)we observe in last year one of Debtors which amount approx 1.00 Crore which are likely Bed debts and not taken Bed & Doubtful debts provision and we want to take provision in this year

so please advise regarding how affect tax liabilities last year 3.00 crore and what entryies pass in account

Thanks

Dear Experts

Is it required for bed debts w/off more then 3 year old

Dear Experts

Is it required for bed debts w/off more then 3 year old

Hi All,
Can CA make advertisement through Handbill, if not then what we take action against CA who make advertisement through this way.Please

friends which is better option along with CA ,is it CS or LLB ......guide

i would like transfer from my present firm without changing the present city is there any possibility for that.......friends pls help

Deemed dividend is subject to accumulated profits and profits earned upto the date of payment of loan or advance made by a company to a shareholder having substantial interest in the company.

My Query is

What is the basis for calculating profit in the financial year upto the date of payment of Loan or Advance made by Company to its shareholder having substantial interest in the company?

Whether profit for that purpose is calculated on proportionate basis during the year or whether it should be calculated on actual basis after considering the provision for income and expense entries? If actual profit is difficult to derieve due to the fact that the company is having large volume of transactions having 10 branches and the figures upto the date of loan is not audited figures than what profit should be considered?

Dear All Experts

I need your valuable suggestion in the following matter.

Ours is the Ceramic Tiles & Sanitaryware Industry. Tiles are cleared under MRP Valuation (Sec 4A) and Sanitaryware is cleared under Sec 4. (advolerm)

Further for promoting of our Tiles Sales we want to give sanitaryware items as a free gift alongwith Tiles to our customers.

My query is whether the duty is payable on the clearance of Sanitaryware items which are cleared alongwith Tiles as a free gift. If yes, what is the procedure for valuation.

Thanks in advance.

Pls refer me some good books for PCC- Cost Ac & Financial Mgt. & Info. technology.. please reply soon....... thanks

Can anyone send me checklist for Compliance as per Companies Act on canehagupta1@gmail.com