We are two partners in firm. I would like to know is it mendatory that each partner should sign 45 audit reports or either of partner can sign 90 auit reports?

dear all

one of our client(individual) had filed return of A.Y 06-07 on 18/09/2007.

section 139 says that belated return can be filed before one year after the end of assessment year. In the above case he has filed return before one year after the end of assessment year.

He received a show cause that why a penalty(rs.5000/-) should not be levied u/s. 271F as he has not filed return as per sec 139(1).

I don't understand why this notice is issued. What reason should he say to avoid penalty?
Is their any remedy?

Dear all,

We have registed in Excise/sale tax in gujarat only. we have received imported consignment at bombay port it is cleared from custom in name of our entity.
Now, We want to move such consignment directly from bombay port to our customer located at pune.
we don't have any regisration in Maharastha
On the basis of above, how can we legally move our consignment to pune without bring it to gujarat.
Please suggest Excise & Sales tax compliances

Regards,
Shailesh

I would like to know the difference between valuation and revaluation.

Can we say Fixed assets are REVALUED every year and stock is VALUED every year?

If possible kindly quote any accounting standard which deals with this.

Thanks .

Anil

Anal.

I am passed PE-II in nov 2008. I want audit firms to join articles in chennai.
please send the audit firms addresses with vaccency.
Please send the addresses of the firms located in MYLAPORE,ALWARPET,ADAYAR,TEYN AMPET,RADHAKRISHNAN SALAI,T-NAGAR AND PARRYS.
PLEASE CONSIDER MY REQUEST.

Can any one pls let me know what are the various registration to be taken to Start and Run a Company.. likd

Cos' ACt/esi/pf/labour welfare/shos and establishment and so on...

I want a complete list with the reason to undergo for the same...

Give me the detaiuls if i want to start and run an IT/ITES Co......

Sir,

In a school organisation where it is registered with VAT Kindly suggest the following :

As it is a residential school, we procure some material like Uniforms, books, edibles etc. every month. In most of the cases VAT is charged to us. We often issue uniforms OR books to the students and debit them along with the VAT charges. But it is seen that we are not taking credit of the input VAT. i.e. the vat recoverable is not adjusted when we pay the VAT as per schedule. My first query is :
WETHER WE CAN ADJUST THE VAT RECOVERABLE FROM 01.04.08 TO 31.03.09 AGAINST PAYMENT OF VAT FOR THE MONTH OF MARCH? CAN WE RECTIFY THE VAT RETURN TO BE SUBMITTED FOR THE LAST QTR.?

MBA distance, which university is better Madurai university or IGNOU ?

Dear All,

Is there is any stamp duty to issue an share certificate of an Pvt ltd company to an share holder...if yes, what is the percentage of duty and what is the procedure after filiing of Form 2...

Hi,
My name is Preena. I live in UK. I am currently studying ACCA in UK and i have done AAT(Association in Accounting Technician) also.

Can you please let me what scope do i have to work in inda if i want to work there after my studies. or do i have to do indian CA to work there.

Will wait for your reply.

Thankyou,

Preena