ca rahul
02 November 2007 at 16:54

shortage in stock & devaluation in stock

an partnership firm(an export house of furniture, textile) having turnover 125 crore ,gp ratio is 40% & np ratio is 22%.

there are huge value of stock of rs 30 crore & it is continusouly incrsing from last few year. this year phifically varification of stock was conducted & a shortage of rs 10 crore was found, inspite of this there was devaluation of stock (due to damage & obsolence, out of fashion etc.)of rs 2-3 crore.
now the firm wants to writeoff this amount.but how ,& what will be the consequance of this.& what type of avidance should be collected.


CA Guru M
02 November 2007 at 16:29

Right Time table

Can any one Please give some guidence (Draft of Time table) to construct a time table for PCC. my exam on Nov-08.


Mridulla Mittal
02 November 2007 at 16:24

TDS on reverse charge

In case of import of services where the responsibility of payment of service tax to the revenue department is of the service receiver whether TDS be deducted on amount after adding service tax amount to the bill amount or the amount billed ? In this case service provider has not included the service tax amount in the bill and CBDT circular talks about "Gross amount of bill".


krishna
02 November 2007 at 15:45

CENVAT on Capital Goods

FOR THE CAPITAL GOODS CENVAT IS APPLICABLE 100% OR 50%,

pl give the answer with example

thanking you


harshit
02 November 2007 at 15:02

ca nov'2007 exam

pleae send me CA Nov'2007 Exam Schedule & Exam Centres in Hyd city. Please sir


lohithakshan u k
02 November 2007 at 13:41

TDS ON FOREIGN PAYMENTS

LET ME KNOW THE RATE OF TDS TOWARDS FOREIGN PAYMENT ON ACCOUNT OF AMC OF SOFTWARE


Alpa Doshi

Hello,

Thanks for the reply. Can you please guide me through the procedure/ provisions of Chapter IX of companies Act 1956 whereby a partnership firm can be directly converted into a private limited company?

Thanks,

Alpa Doshi.






Hello,

I have a client which is a partnership firm. Now, they want the firm to be converted into a private limited company. This private limited company will take over the existing business of the pertnership firm and continue with the same setup.

Kindly guide me the procedure by which the exisitng partnership firm can be converted into the private limited company.

Thanking you in advance.

Regards,

Alpa Doshi.


Mukesh Patel
02 November 2007 at 11:09

Secondary & Higher Education Cess

What is the Accounting code No. of Secondary & Higher Education Cess.


KRISHNA PALLAVUR
02 November 2007 at 10:54

Articleshp....

i want to ask u ...is it possible to write PCC exam on May 2009, if i registered Articleshp on 28th of Oct... need ur reply soon..or my exam date will be lagged for 6 months... ur suggetion will be important...







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