About me
Blog:
-
What kinds of questions I can and can't answer?
I can answer question on Income Tax, Audit,Company Law & Account
My area of expertise
Income Tax, Audit,Company Law
My experience in the area (years):
1 year after becoming CA.
Organizations I belong to:
Jewelex India Pvt ltd
Publications or writing which has appeared :
None
Educational credentials:
Chartered Accountat and Company Secretary.
Award & Honors:
None
-
CA.Sidhartha S Pillai
says
: Indirect taxes
what s the base of your reply when you say the first 6 will be valued -
ganesh
says
: VAT & SERVICE TAX
hi, i have purchased a underconstruction flat fronm ex owner, and ex owner purchased this flat presviously from builder, now the building is under construction. so who will pay service tax & VAT, the first buyer or me(second purchaser. Exowner made agreement of Rs 597000/- Mine - Rs 1111000/- on which agreement value it will applicable? please advice -
CA Amit Rajput
says
: Please comment
****Welcome to all experts to join in discussion **** I have a case about a an Investment (private limited )company which maintaining books of account on mercantile basis. But company records income on receipt basis from April to Feb and in the month of march a consolidate receivable from April to Feb is recorded and for month of march on receivable basis. my question is that is this practice of following cash basis accounting for 11 month and in March remaining receivable on consolidate basis i.e.(receivable less received) and for only month of march on pure receivable basis is Correct ??? Means following cash basis accounting for 11 months and Accrual basis accounting in month of march is correct or it will be treated as hybrid system. Is there any clarification from ICAI or Department for following accrual basis accounting through out the year? Pls join in discussion -
CA Amit Rajput
says
: Accrual concept of accounting
****Welcome to all experts to join in discussion **** I have a case about a an Investment (private limited )company which maintaining books of account on mercantile basis. But company records income on receipt basis from April to Feb and in the month of march a consolidate receivable from April to Feb is recorded and for month of march on receivable basis. my question is that is this practice of following cash basis accounting for 11 month and in March remaining receivable on consolidate basis i.e.(receivable less received) and for only month of march on pure receivable basis is Correct ??? Means following cash basis accounting for 11 months and Accrual basis accounting in month of march is correct or it will be treated as hybrid system. Is there any clarification from ICAI or Department for following accrual basis accounting through out the year? Pls join in discussion
- Advance tax payable by my 81 year old relative
- Applicability of companies act to foreign companies
- Contributions to political parties
- Non file of service tax return
- 44 ab tax audit and financial year
- Services tax returen
- Service tax on directors sitting fee
- Urgent problem...
- Examption
- short term capital gain tax query
- Service tax on manpower service
- Difference between
- Reverse charge
- Tds revised return
- Due date to deposit tds for march month
Click here to see all answered queries
Comment Please
Other CCI Experts
CA R SEETHARAMAN
Queries Replied : 42596
CMA Ramesh Krishnan
Queries Replied : 26053
Nikhil Kaushik
Queries Replied : 24294
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
