Dear Sir,

i want to know, treatment for foreign exchange fluctuation rate. One of the client has a bill say in $ on 20th march 2014 but it is not realised on or before 2014. how can we treat this? if we made any provision in final statement for foreign exchange rate fluctuation? how this provision is made? what AS 11 says?? please help me

Our client has take godown on rent, on which service tax also has been collected by landlord.
My question is what would be the treatment of service tax portion in books.
1) whether to show as service tax on rent in profit and loss account
2) or to include it in rent. if i include the service tax in rent, whether tds deduct on service tax portion also or on only rent portion.

my ca final attempt is in nov 15 I want to good marks I am giving first group only how should I prepare for it

hi my attempt in may 2015 so which company law applicable for this exam

A Person is in Printing business, he has purchased a printing machine and has taken a loan against that. He is paying monthly installment of that loan, can he show installments in profit & loss a/c of business.

If an employer does not deduct TDS on salary paid to Resident in India, then will the expense of salary will be allowed or not while computing business income?

As sec 40a(iii) deals abount payment outside india or to a non resident in india? so what would be relevent section for disallowing such expense for resident(In india)?

Thanks in advance.

dear sir, is there any case study in isca for nov'14...??

Dear Experts,

What is Certificate of Membership (COM)?
i cleared CA final in May 2012 and i havent received my certificate of membership yet last month i received a communication from the institute regarding convocation for 2014 which states that members who were unable to collect COM in the past years can also collect it now. It wont be possible for me to attend the convocation due to job hours. Can anybody please suggest me whom to approach for the above query.

I also wrote an email to western region of ICAI (my zone) but they do not revert back same is the case when i talk to them on phone.

Request you to provide me with an insight on the above issue.
P.S. I am not a member in practice.

Thanking You.

Hello Sir/madam,
Now a days Savings a/c have one facility of auto sweep.
i want to know that how it appears in books of a/c of individual...
and what about its interest?

plz ans.

We have taken a term loan from bank. the bankers are debiting monthly the interest amount in the term loan. We are paying the interest from our current account. Kindly give us the entries to be passed in term loan account and current account.