About me
Graduate of Kerala University.
Fellow member of ICAI.
-
What kinds of questions I can and can't answer?
Income tax,Kerala value added tax,wealth tax,company law,Audit and Accounts.
My area of expertise
Same as above.
My experience in the area (years):
36 years.
Organizations I belong to:
Ramachandran & krishnakumar. Chartered accountants.
Publications or writing which has appeared :
nil
Educational credentials:
Graduated from University of Kerala. Chartered Accountant from ICAI.
Award & Honors:
Ranked in CA intermediate. CAclubindia award(Most effective expert)for 2010-11.
-
bela joshi
says
: income tax
hello sir, i want to ask you sir that allowance recieved by LIC employee to develop insurance business is exempt from tax or not . if yes then under which section? thank you -
lava
says
: tds correction
sir i have wrongly updated flag "c" in tds return now how to rectify this -
VISHNU SEKHAR S S
says
: Bill of exchange
sir, pls give me a breaf explanation about bill of exchange & corresponding journal entries. -
Sindhuja Naveen
says
: Cell phone bussiness
Dear Sir I am already running a cell phone & laptop repairs & service shop. But i need to get a subsidy loan so what i have to do step by step to avail a bank loan at a low rate of interest. 1. I have to create a lease agreement....? please send the format. 2. I need to get a MSME registration certificate. so what is the procedure sir. Please advice me and provide your help sir. -
kfgfgdfgffdfd
says
: sire onnu reply cheyyuga
the accounting policy for 2012-13 is closing stock value of raw material= cost price or market price whichever is is lower 31/03/13- 500 kgs for which costprice is 108 and market price is 100 therefore closing stock value is 500 x 100 = 50000 as on 31/03/13 closing stock of 2012-13 is opening stock of 2013-14 so which of the following is correct working 1 o/s 500 kgs rs 50000 purch 100 kgs rs 10000 consump 500 kgs rs 54000 (108 rs (cp as given above) x 500 kgs) clsng stoc 100 kgs rs 6000 or working 2 o/s 500 kgs rs 50000 purch 100 kgs rs 10000 consump 500 kgs rs 54000 (100 rs (mp as given above) x 500 kgs) clsng stoc 100 kgs rs 10000 ASSUMING ONLY THE OPENING STOCK IS CONSUMED IN THAT MONTH AND NOT THE GOODS PURCHASED DURING THAT MONTH.Which rate is to be applied to determine the value of consumption -opening stock rate or actual cost price?
- TDS on Painter
- what is Section 271F?
- What is the DEFFERED TAX LIABILITIES/ASSETS
- about articleship
- registration letter
- permission for another course under form 112
- Service tax
- f form query
- Tax on Withrawal of Provident Fund
- Extension of article ship
- attempt over.
- Affidavit
- Interest on Edu Loan
- mistake in form no.32
- TO CONTINUE CA STUDIES
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
