Dear All,

Please let me know the procedure for compounding of an offence under Companies Act.

With Best Regards,
Rakesh

Sir,

A company take a loan of Rs. 100 Lacs for Construction of New Building for Existing Business. Interst of Rs. 15.00 Lacs can Claim as revenue exp.
and what Accouting Standard say for treatment of borrowing cost.
If company capitalise this interst as per Accounting Standard same can be allow as revenue exp under income tax act

sir, i want to know which of the guidance notes(audit) are applicable for may 2008 students . As the guidance notes which are prescribed in CA newsletter for nov 07 aspirants doesnot cover many of the guidance notes given in our study mat.please guide in this regard.

Is there is any mandatory condition for the traders to keep their GP ratio as prescribed by Sales Tax authorities(if Any)under KVAT ?
Can a Trader Sell his product below the purchase price? or is it necessary for him to keep a particular Value addition at the stage where he operates ?

SIR/MAM,
MY QUERY IS RELATED TO DEPRECIATION
MY QUERY IS IF LAST YEAR/YEARS DEPRECIATION WAS NOT CHARGED ACCORDING TO THE RATE GIVEN IN ACT THAN HOW IT SHOULD BE RECTIFIED IN CURRENT YEAR.
EG FURNITURE AND FIXTRE IS CHARGED @ 10%
BUT LAST YEAR IT HAS BEEN CHARGED @ 15% THAN HOW IT CAN BE RECTIFIED IN CURRENT YEAR. EITHER IT CAN BE DIRECTLY RECTIFIED
IN CURRENT YEAR BY CHANGEING RATE OF DEP.
OR THEIR SHOULD BE SOME OTHER ADJUSTMENTS.
PLEASE SOLVE MY PROBLEM AND OBLIGE.
THANK YOU

Sir
I have joined Tata Sons (Indian Hotels Ltd,New Delhi) as CA(Fresher)via the recent campus placement programme.Iwish to know the type of working environment in corporates like - working hours,meaning of CTC,accomodation facilities,working days,holidays etc

SIR,

SOME PARTY SEND TDS CERTIFICATE OF INTEREST & COMMISION AFTER SIGNING OF BALANCE SHEET.
WE CAN CLAIM THIS CERTIFICATE AND HOW WE SHOW THE PROFIT IN COMPUTATION i.e. INTEREST AND COMMISSION NOT ACCOUNT FOR IN BALANCE SHEET.
WHAT EFFECT IF WE ENTERED THIS ENTRY IN NEXT YEAR AND WE WANT THOSE TDS CERTIFICATE ADJUCTED IN NEXT YEAR

Wether TDS should be deducted on royalty paid on sales, if yes percentage of TDS.

Wether TDS should be deducted on royalty paid on sales, if yes percentage of TDS.

Good Afternoon Sir,
This is E.Suresh BAbu.
I registered in Nov., 2005 and till now i didnot given any attempts.
My last attempt to give examination is when?
and also now the new registration has came.
Please reply it.
i hope you so
Thank you