i want to know that in contract 97% labour and only 3% material than it should be works contract? if no then how i can prove legaly.

what is the accounting entry for inventory written off?and it effects in B/S and P/L.

Recently I joined ICWAI. Please suggest best books in the exam point of view for the 2008 syllabus for Group - 1. Thank you in advance.

My registration date of articleship was 03/09/2012 but due to delay in orientation programme it was shifted to 01/12/2012, now i want to know that can i give my final attempt in may 2015? . i will be completing 2 year & 5 month in APRIL 2014. Please reply to the query .

A person worked in a firm for 6 months and retired but joined the same firm as consultant. So he was issued both 16 & 16A for the same FY. What is the ITR form to be used. Thanks in advance.

If a private Limited Company get a loss of 3243.How to account it in the balance sheet.

Dear sir/mdam,
I completed 1.5 years of my articles.During 1st year of articleship i tried for transfer but my princial not signed..i continued till now but now i cant work with them.my firm dont have relevant work.past 1.5 year i dint learn anything.and even they are not giving valu to my work and they are torchuring by taking originals from students.So many in my firm are working unwillingly..we are going to give complaint against firm.

please suggest.

hey...i want to enter in share traiding .it'll be great if you help me in chosing national bank to open demat account ..& is also easy to operate.what u think about sbi..

Dear All
Whether TDS is to be deducted from Stipend paid to student / apprentice.
If yes then under which section?

My query is, for example a contractor has been providing service for Rs 15 Lacs per year for last 3 years & did not charge Service Tax separately in the Bills. Hence he never deposited any Service Tax. Now through Form 26AS Deptt came to know all this & demanding Service Tax with Interest. My query is whether he is required to deposite Service Tax Rs 556200 (interest extra) on (15Lacsx3x12.36%) or Rs 495016 (interest extra) on (15Lacsx3x12.36/112.36) by back calculation. Please suggest with relevant rules. Thanx