Is raising an invoice a prerequisite for recording Income. A Company, as per agreement, has recorded revenue in March, however the invoice was raised in April (thus 2 different accounting years). The Company has applied the provisions of AS 9 and all the risks and rewards are transferred to the purchaser but invoice was not generated. So keeping in mind the concept of Substance over Form, is the recording of Income correct. Will the answer differ if there is no agreement.
Paid leave
Hello,
I am a C.A. final student doing myarticleship in a firm. Currently I hv taken the transfer from my previous firm. In the previous firm I had taken 34 days leave for studying C.S. exam in 1o months training period.I want to know that if that leve is considered as actual leave taken then can I claim it that leave as paid leave as considered for C.A. exam leave?
Pls reply.
suggestions.
I am not qualified in recent icwai results and im working in state govt department as a data entry operator. i want to attempt in december on both stages of intermediate. what should your adwise
PROFESSIONAL TAX
IS PROFESSIONAL TAX PAYABLE BY BRANCHES ALL OVER INDIA AT DIFFERENT SLABS?
IF SO, THEN WHAT ARE THE SLABS APPLICABLE ALL OVER INDIA.
I HAVE 36 BRANCHES ALL OVER INDIA.
DO REPLY
salary
What is the salary stucture and what should be the percentage of basic of it as per laws
sec 44AA
My client is a person carrying on profession as an Advocate, his Gross Receipts from the profession are as under:
FY Rs.
2005-06 1,15,000
2006-07 1,80,000
2007-08 2,10,000
My question is while filing the return for the AY 2009-10, for the question in ITR, Are you liable to maintain accounts as per sec 44AA. Is it YES or NO? please clarify
Shares
Dear Sir,
What is the difference between Transfer of Shares and Transmission of Shares??
deffered revenue and expenditure
what is the deffered revenue income and it is shown in the accounts books and what also the treatment of deffered expenditurs treatment
Medical Reimbursement
Sir, Kindly help me: One person who is employee, received Rs. 1,50,000/- for his heart surgery & he also paid to that Hospital. Point is that, the amount is taxable or exmpted?
Information technology
One of my friend has completed his pe2 exams in may 2008, but has not yet completed his 100 hrs IT training and batch alloted to him is september 2009. what should he do to start his articleship earlier. plz reply
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