We have to bid for a consultancy contract in the state of Jammu & Kashmir .Pl. intimate tax implication for the said contract - Whether Service Tax is applicable.Whether any other tax including tax under state GST Act is applicable . If yes , the rate for the same.

please provide me the accounting of depreciation on revalued assets
whether reduction is to be made on revuation reserve for dep on revalued assets etc.

Respected All Experts,
I seek your expert comments on the following situation.

One chartered accountant Mr A is having a seat to keep & train an
article clerk, but he does not have sufficient professional work. So
if he registers an article clerk under him, he can not train him
properly.

Another chartered accountant Mr B is having sufficient professional
work but he does not have any seat under him to keep & train an
article clerk. He wants to register an article clerk under him, but
he can not do this because he does not have any seat.

Now my questions are:

1. Can Mr A register an article clerk under him and send him to Mr
B's office for professional training?
2. Is it allowed under CA regulations? If yes, under what clause?
3. Who will be responsible to keep attendance record, leave record,
etc of that article?

Awaiting your valuable guidance.

I want to know that TDS is appilcable only on revenue payment or it is applicable for revenue or capital payment both. please give full reference like case laws , notification and circular.

Hi,
I HAVE A QUERY REGARDING MY CA CAREER.

I HAD PASSED THE FOUNDATION EXAMS OF ICAI,IN NOV.2002.I JOINED PE2,AND ALSO JOINED THE ARTICLESHIP IN A CA FIRM.I HAVE COMPLETED MY ARTICLESHIP IN MARCH 2006.TILL NOW,I AM NOT ABLE TO CLEAR MY PE2 EXAMS,DUE TO SOME UNAVOIDABLE REASONS.I WOULD LIKE TO APPEAR FOR THE PE2 EXAMS IN NOV.2009.NOW PLEASE GUIDE ME,IF I AM ELIGIBLE TO APPEAR FOR PE2/PCC EXAMS IN THE YEAR 2009,OR I HAVE TO TAKE FRESH ADMISSION/REGISTRATION FOR COMPLETING THE COURSE.I AM A B.COM GRADUATE.

SHOULD I CONTINUE,PURSUING CA OR JUST LEAVE IT.I AM IN MY MBA(FINAL)NOW.

PLEASE HELP.
THANX,
OP SHUKLA

When some expenditure is incurred at the time of name change,then how to treat that expenditure in accounts.i.e shall we show that as preliminary exp.not written off.

Is FBT on Car Lease rental of employees recoverable from them ?

Is FBT on Car Lease rental of employees recoverable from them ?

We are a trading company,

we have purchased silver plated items (Puja Thalis) from M/s. A & Co,

The dealer has charged VAT @ 4% to us,

We in turn have sold this goods by charging 4% VAT and 10% CST (full rate of tax)

We have claimed set off for VAT paid on purchases.

STO has not only disallowed the set off ( as they have included these items in schedule E and the dealer M/s. A should have charged VAT @ 12.50% and not 4%) but has asked us to pay 12.5% on our sale.

Is the STO justified ?

if a partner introduces capital in the form of all his personal assets and liabilities (of his proprietorship firm), will the documents now have to bear the name of the partnership firm in case of a land or building