Dear all
Can any one tell me, What is duty free entitlement?
and how do we account in the books of account

Regards
Ravikumar r c

ravikumarrc@gmail.com

Dear all
"Expenditure incurred on construction of additional floor on rented premise"
how do i account this expenditure in the books of account?

Regards

Ravikumar r c
ravikumarrc@gmail.com

a proprietorship concern transfering his business to a company for 1/3rd stake in the company. for such the proprietor would receive in addition to his share more 30 lakhs rupees in cash or kind.
what is tax impact?

hisir kapil g thokre in my previous question i had asked u that if i register for pcc in april 2008 then when will be my attemt n u had said that it will be in nov 2009 now i want u ask u if i want to write pcc in nov 2009 then i should register before may 2008 i mean my registration papers should reach chennai before may 2008 or if i register in local icai before may 2008 . pls answer sir.

the society is regst with the registrar of societies and now after 10years of its formation it wants to file its return with the income tax.
will it have to submit any audit report with the income tax? will it be in form 10B.(the society has not claimed exemption u/s 11 & 12)

As per Query No.3 of Board of Studies announcement on 3rd Aug 2007 Can i apply for PCC Study material to my Reginal office at Rs.400 ?

Query 3. (i) Can a Professional Education (Course-II) student other than those who have passed Professional Education (Examination-I) or Foundation Examination appear in Professional Competence Examination to be held in May 2008 or Nov 2008?
(ii) What are the conditions to be fulfilled?
(iii) Whether ITT or CCT is compulsory?
Answer: (i) He / she can appear Professional Competence Examination having exhausted all attempts of Professional Education (Examination-II) only in November 2008.
(ii) He / she can apply to the Board of Studies for issuance of study materials. They have to pay cost of the study materials which has been fixed at Rs.400.
(iii) This category of students should complete 100 Hours Information Technology Training or should have completed 250 Hours Compulsory Computer Training before joining articleship. They are not required to complete ITT / CCT before appearing in Professional Competence Examination as this is an equivalent to Professional Education (Examination-II) offered to them as a special concession.

sir,
what is the ST liability when the provider/recepient of service is the govt.

One of Client have a charitable trust with main Object of Promoting Health through Free Camps, To Open blood Bank Etc.

He has Opened a Blood bank,has invested in some Lab equipments,The Blood from Blood Bank is given to required people on nominal charges towards Maintenance and Testing charges

trust has collected some donation towards investments in Lab equipments of BLood bank

CAN BE CLAIM EXEMPTION U/S 10(23c) OF THE INCOME TAX as INCOME OF HOSPITAL

How many days of Final exam leave granted by ICAI ?

If i have some amt of credit in my DEPB.. then should i value this at my period end. Is there any standard or interpretation on this. I want some wrtten text.. Plz help...