deepak kumar
29 May 2008 at 10:51

accounting for fob contract

hi
if a party contracted with other party for supply of raw material at FOB price. the other party raises the invoices at full value and not deducted the freight amount. the party booked the entire amount of invoice in its purchases instead of segregating the freight amount and purchase amount. but it also deducted tds on the freight amount but amount of freight not shown as expenses instead it is booked in purchase account. is this treatment is correct?













































































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Hemavathi.S
29 May 2008 at 10:12

Articles for PE - 2

Sir,

One of my friend doing CA under old scheme. He has wrote a exam in May'08. Now PE - II is extended for another two attempts. He has also completed CCT. My question is if he has passed in May'08 exam itself, what is the duration of articleship. Is it for 3 years or 3 1/2 years like new scheme. When he will write Final, is it after completion of 2 yrs articleship

If he has passed one group, does he join articleship ?

Thanks in advance.


Shrinivas
29 May 2008 at 09:32

Service Tax on Import of Service

Is it necessary to pay service tax on Management fees of Holding Co. which is in USA and fellow subsidiary which is in UK. and also on Technical fees of Fellow subsidiary.

They have raised the bill of Management fee and Technical fee and paid in Forex.

How the service tax treatment be given.


gg_ggaurav
28 May 2008 at 23:20

Articleship confusion

I am registered under a partner in a CA firm who has recently resigned from partnership.
He is continuing his own practice & till now i am working with the same firm in which he was partner.
So whether period which I served after his resignation will be counted for the articleship.
what is my status under these circumstances.
Should I take transfer under another CA or partner?
What will be effective date for determing my transfer under another CA?


CPA Partha Sengupta

Hi all,

A salaried individual having House Building Advance(HBA)wants to file IT retrun. Which return form he will choose? ITR1 or ITR2? Can any one tell me the basic difference between Return Form ITR1 and ITR2.

Please reply.


SUJIT KUMAR DASH
28 May 2008 at 18:34

FBT for capitalised expenses

dear sirs,
i want to know whether FBT will applicable to the expenditures which are capitalised during the year. i mean like Staff welfare ,if the head is capitalised weather for the expenses FBT will be applicable.
Sujit


Anil
28 May 2008 at 17:50

Website link to confirm PAN number

Please provide me with the website link where I can key in the PAN number alloted and confirm the name of the person to whom the PAN card is alloted.


Anil
28 May 2008 at 17:44

Mail in Inbox box / Junk mail box

I have a rediffmail account.


I sometimes receive mails in my INBOX . Sometimes it goes to JUNK MAIL BOX.


I would like to know in what circumstance the mail sent to me goes to JUNK MAIL BOX .


I frequently check my mails and I am sure the mails that goes to junk mail box are NOT the mails which have not been opened by me for a long time.


Thanks.


Kalpesh
28 May 2008 at 17:42

huf of minor

can a huf be formed in the name of minor whereby the gurdian can sign as karta


swetha
28 May 2008 at 17:17

deferred tax

hello everybody...
i would like to know the impact of deferred tax on the calculation of the net worth.






CCI Pro



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