FURTHER TO MY EARLIER QUERY,I AM GIVING BELOW THE DETAILS OF OUT PUT SERVICE RENDERED BY US.
1. ERECTION,COMMISSIONING AND INSTALLATION.
2. BUSINESS AUXILARY SERVICE(COMMISSION)
3. MAINTENANCE AND REPAIR.
THERE ARE VARIOUS INPUTS SERVICE WHICH ARE RECEIVED BY US. BESIDES SERVICES RELATED TO THE ABOVE,WE ALSO GET SERVICES FROM OUR CHARTERED ACCOUTANT,TELEPHONE,INSURANCE ETC. ARE WE ELIGIBLE TO TAKE INPUT SERVICE TAX CREDIT ON THESE SERVICES WHILE CALCULATING THE SERVICE TAX LIABILITY ON THE SERVICE PROVIDED BY US AS PER THE DETAILS FURNISHED ABOVE?
A school started by an individual will be assessed for IT Act under which category of Person assuming if it is not a charitable trust or not registered as trust
if long term investments are made in mutual funds, at what amount it will be carried in books.
bcoz as per AS15 long term investments are carried at cost whereas it is difficult to identify cost in case of mutual funds.
whether it is correct to show mutual funds at NAV as on the date of balance sheet with what reason.
if any money has been given for purchase of shares but the allotment is still pending, how it will be treated in our books?
whether it will be shown under investments since we have paid money for that or will it be shown as advance since allotment is pending.
If there is import of fixed assets & such fixed assets are lying in bonded warehouse.
how such assets will be treated in books of accounts?
whether such assets will be shown as fixed assets since risk & reward are transferred by vendor.
what about depreciation as per income tax act & companies act.
1) Is it mandatary to Give notes to accounts seply,
2) if one does not provide notes to accounts seply and the same is reflected in the directors report is it ok
HAS TCS TO BE COLLECTED FOR SALE OF OLD ARTICLES IN CONCERN (PARTNERSHIP) IF YES ,THEN LIMIT ? SAY AMT RS 50,000/-
I have been registered as an article with effect from 17-02-2006. then i took transfer & re registered with delays of 4-5 days. then i got termination w.e.f. 30-6-2008 but re registered w.e.f. 7-8-2008. i have recd registration confirmation letter from Institute mentioning that my articleship is pending for 7 months & 24 days & it also states that i had taken excess leaves of 20 days. at the time of submitting form i mentioned 16-02-2009 as the date on which my articleship is due to be completed.
so could u tell me when i hav to apply for extension & for how many days - whether for 20 days or how much period i hav to serve after 16-2-2009.
Please give me the source from where i can confirm.
Thanking you.
I have been registered as an article with effect from 17-02-2006. then i took transfer & re registered with delays of 4-5 days. then i got termination w.e.f. 30-6-2008 but re registered w.e.f. 7-8-2008. i have recd registration confirmation letter from Institute mentioning that my articleship is pending for 7 months & 24 days & it also states that i had taken excess leaves of 20 days. at the time of submitting form i mentioned 16-02-2009 as the date on which my articleship is due to be completed.
so could u tell me when i hav to apply for extension & for how many days - whether for 20 days or how much period i hav to serve after 16-2-2009.
Please give me the source from where i can confirm.
Thanking you.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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