An employee who paid by cash in excess of 20000/- against one singele invoice, to any hotel as lodging expenses, and he gets the same reimbursed from his employer, will that expenses get disallwed under Sec 40(A)(3).

Please clarify more clearly.

Whether Service Tax Will Be Leviable On a Person Providing Jyotishi Services On a Website?
If Yes?
Then Under Which Accounting Head?

A person has sales of Rs.39,50,000/- and vat 4% on the same at Rs. 1,58,000/-, aggregating to Rs.41,08,000/-
Would he be liable to get his accounts audited under Maharashtra VAT ? The doubt is because the definition of "saleprice" under MVAT excludes sales tax.

Whether Accounting Standard is Mandatory in Nature.

Whether it is Mandatory for Firm or the individual Businessman.

Whether there is any act which made accounting standard mandatory.

What if Accounting Standard is not followed

i want to know that whether TDS refundable after adjusting net tax liablity can be adjusted with FBT payble...?

pls solve the query its urgent.

Dear Sir,

We are going to set up fruit processing plant.The plant will consist imported as well as indigenous capital goods. My question is whether we can procure indigeneous capital goods free of excise duty if we get the status of 100% EOU ?

my grandpa had opened an FD with bank in 2006-2007 for 2 years. it matured in 2008-2009. the bank deducted TDS in interest on accrual basis but my gradpa has not accounted interest on accrual basis. now after 2 years the bank gave TDS certificat of 2006-2007 and 2007-2008. My query is can my grandpa claim TDS deduction of 2006-2007 and 2007-2008 in year 2008-2009?

Sir/Madam,

I'v cleared PE2 and now looking for CA firm in Jaipur for articleship. I went to one firm named Kalani & Co. but they don't have vacancy. I'm confused coz I don't have any idea of other firms where I can learn variety of work. Could you please give names of some good firms in Jaipur. Pls don't mention just one firm.
Pls help.

Thanx.

Dear Sir
i hv one query
one Pvt Co which parent comapny is American Company, received many times remmitance money from parant co. USA as a Working Capital Loan and also some other receipt during the year.
i just want to know that any FEMA Compliance is attracted on the company which company have to fulfill.
plz advise me on this issue
thax

One of my client is contractor, his previous year Gross Billing was Rs. 45 Lacs but actual cash receipt is below Rs.40 lacs . TDS was also deducted on Rs. 45 Lacs.Whether return can be filed on cash basis as the balance receivable amount is disputed, may be received or may not be or audit is required.
and if audit is required what is the remedy for disputed amount.
please reply with accounting standard.
This is the first year of business.