CMA Ramesh Krishnan's Expert Profile

Queries Replied : 26053

Hi.I am Ramesh Krishnan, Associate Memeber of ICWAI & Certified Management Accountant (CMA) by IMA(USA) Working in Bangalore

Award Winner as " Most effective Expert in Caclubindia-2011" My working style always like,

Take life always as challenge,Think positive,

Give involvement on taken task,Donot divert your concentration from the taken task,

Always target your goals and commitment,Your future always better. Jai hind. Thank you for visiting my profile

To reach me : cma.rameshkrishnan @ gmail.com or send PM for queries & professional help

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shree says : Stock greater than purchase
http://www.caclubindia.com/experts/stock-greater-than-purchase-1699519.asp

Nandan Misra says : Central Excise
Hi, myself Nandan working in a SSI unit as an accountant. Our Unit manufacture Pressure gauge which is used in both medical and industrial use, but i want to know that why our unit not pay central excise.

SHAHABAZ says : REGARDING IT AUDIT
I HAVE CROSSED THE TURNOVER LIMIT I.E 40LAKH IN THE AY 10-11. BUT DUE TO LACK OF KNOWLEDGE I HAVE NOT AUDITED MY ACCOUNTS. SO NOW I HAVE RECIEVED A LETTER REGARDING THAT FROM COMPLIANCE MANAGEMENT CELL OF INCOME TAX DEPARTMENT. AND ANOTHER THING I WANT TO ADD IS I DO NOT HAVE ANY BOOKS OF ACCOUNT FOR THAT PERIOD. SO WHAT CAN I DO NOW? AM I ELEGIBLE TO GET AUDITED & FILE INCOME TAX RETURNS OF AY 10-11 WITHOUT BOOKS OF ACCOUNT. WHAT IS THE PROCEDURE AND WHAT ARE THE PENALTIES I WILL BE IMPOSED? PLEASE ADVISE ME REGARDING THIS MATTER.