IF WE PREPARE THE ACCOUNTS FOR 15 MONTHS ENDED ON 20TH JUNE 2008 THEN WHAT WILL BE THE POSITION OF INCOME TAX RETURN'S PERIOD CAN WE HAVE TO PREPARE TWO B/S AND P&L ONE ENDED ON 20TH JUNE 2008 END ONE ENDED ON 31ST MARCH FOR COMPANY LAW PURPOSE AND INCOME TAX PURPOSE RESPECTIVELY

can u tell me when company issue his share at discount?

I had registered under a CA for articleship on 24/11/08. Just 3-4 days back i.e on 17/03/2009 i got a letter from ICAI stating that the Certificate of Practice of my CA has been cancelled w.e.f. 01/10/2008. When he contacted ICAI....it was known that he had paid membership fees 3 years in advance and after the 2nd year there was some hike in membership fees.....the different amount went into arrears for which the COP was cancelled. He immediately paid the fees and the relevant formalities were completed and his COP was restored.....




My question is that whether i would be given credit now for my four months of articeship till now??

Thanks in Advance

A company rendering telephone services provides them free of cost to its employees. The employees may use it for official as well as private purposes.
The company does not account for this.
The company's contention is that it incurs no additional cost.
Is the contention of the company valid or is it supposed to transfer a part of its operating expenses to employee remuneration and benefits?

suppose 31.03.07 are not filed with ROC can one file 31.03.08.?

there was no business upto 31.03.07 but compay had prepared balance sheet

pls tell me is there any specific date for claiming the refund of income tax

If client is billed separately for professional fees and ROC fees on MCA e-filing, is service tax chargeable on ROC fees reimbursed by client?

Thanks,

DEAR SIR,

I AM A CHARTERED ACCOUNTANT PRACTISING SINCE LAST SEVEN YEARS. I HAVE SEVERAL QUERIES REGARDING RECENT AMENDMENTS. THEY ARE:

IF AN ADVOCATE JOINS MY FIRM AS A PARTNER

1WHETHER THE FIRM WILL BE TREATED AS CA FIRM? CAN WE WRITE XYZ & CO, CHARTERED ACCOUNTANT

2WHETHER FORM NO 18 HAS TO BE FILED AND DETAILS OF THE PARTNER SHOULD BE SENT?

3WHETHER FIRM CAN UNDERTAKE AUDIT? AND OTHER PARTNER CAN SIGN THE REPORT?

4WHAT WILL BE THE STATUS OF THE FIRM FOR BANK AUDIT AND OTHER STATUTORY AUDIT.

5IIM IS NOT AN UNIVERSITY. WHETHER MBA FROM IIM CAN BE A PARTNER?

6CA CAN BE A DIRECTOR SIMPLICTIOR I.E NON EXECUTIVE DIRECTOR OF A COMPANY. WHETHER HE
CAN PROVIDE CONSULTANCY SERVICES TO THAT COMPANY. (EXCEPT AUDIT)

7WHETHER MY FIRM CAN WORK AS AN ASSOCIATE OF THE COMPANY IN WHICH I AM A DIRECTOR. THE COMPANY IS ENGAGED IN THE BUSINESS OF PROVIDING CONSULTANCY SERVICES.

PLEASE REPLY

MY EMAIL ADDRESS IS pinakinraval@hotmail.com

If we have to follow only mercantile system of accounting then why do we mention in notes to accounts and in 3CD report that the compamy follows 'mercantile system'

I am offlet being observing that G shekar book is recommended for ca final direct tax subject. Would anyone suggest is that a good book to refer to , I have always being referring Manoharan.