Dear Sir,
Can you please explain with the diagram that in the long run under perfect competition,AR=MR=LMC=LAC=SMC=SAC ?
Thanking you in advance,
ARE NARASIMHAM
CPT-ICAI.
a company in addition to normal business activities also purchases and sells shares and mf from market and earns profit the company informs that trading of goods and sale of shares both are business activities and total sale should be merged and thereafeter no question of deriving stcg and ltcg on shares to be separately shown whether the contention is correct. the main business of the company is to deal in coal, coke etc
a company in addition to normal business activities also purchases and sells shares and mf from market and earns profit the company informs that trading of goods and sale of shares both are business activities and total sale should be merged and thereafeter no question of deriving stcg and ltcg on shares to be separately shown whether the contention is correct
hello,I am at PCC level & going to appear for nov 2008 exams.I would like to know how should I start on Studying . also List me all the useful books for all subjects.Also give me some guidelines for studying and clearing my exams
have cleared my CA Inter but due to some problem couldnt complete it and now since last 4 years i am out of way and doing job in our own office which is advocate's office. Me frusted and dont know what to do now to build my carrier can you advice me which couse is suitable to me which gives me better oppotunity in life or shall i change my side please help me
Two questions:
1. Is the MS acccounting course offered by ICFAI recognised as the India CPA?
2. Which is the most suitable CPA course for working in India, are Indian professionals eligible for this course
Thanks in advance for the reply
PL LET ME KNOW IF THE FINISHED PRODUCT IS TAX EXEMPT WHETHER WE CAN PURCHASE RAW MATERIALS FOR MANUFACTURING PURPOSE UNDER CST RATE. WE CAN SAVE 9.5% TAX IF WE PURCHASE THE ITEMS FROM OUTSIDE STATE. THAT IS WHY, THIS DOUBT. PL CLARIFY
Data:
The rate of VAT of Paddy 4% (i.e raw material)
The rate of VAT of chuda -exempted (i.e.the final product)
C.S.T. NIL
State: Orissa
If a person purchases paddy from within the state then he has to pay VAT @ 4% and thereafter he sells the final product which is exempted from tax.
But what happen when the same person will purchase paddy from any neighbouring state, assuming that the rate of CST is 0%.
a)whether he will have to pay VAT on the purchase price if it is purchased from outside state. what are its pros & cons.
hai friends
tell me about excise input is use for service tax ouput
queries not solved