Discussion on service tax ca final - can anyone join now?

cost control and cost reduction cant be same one is cost controling whilce other is cost rdeiucon

Cost reducing: Making the cost low of the product

Cost controlling: removing unrelated cost

what is buget cost and stard cot

budgeted cost is that what we planned.

Standard cost is the cost that theoritacally and out of many experiments came to a conclusions by the financial experts that this much of input will give this much of output and for this much cost may be incurred

how varible cost can be useful in transfer pricing

let us discuss income tax

can anyone doing DT...I studied it once but m not getting how to revise it....everytime I  open d books I felt I forgot everything......

In cost based transfer pricing there are two types

1. Actual cost method : Under this output of one division can be transfered to another divison at actual cost so that fixed cost is recovered.

2. Variable cost method tranferor will transfer their output  at VC. This method is attractive to the bying division but not for sellign division. When there is idle capacity in the sellign divsion this method is used

ok let us dicuss income tax which chapter

how price is detrmind when there is a pur competion whethe varible cost is only concept in costing and how cross functional decsion are taken in costing and in managemnt

what is sec 41 and sec 28 

bitu you have to answer this question i am not geting

in sce 28 only one thing is importanthat is perquiset recived in kind and in sce 41 one thing is important that is creditor remision 

sec 28 is charging section of business income and sec 41?

loss can be clubed and loss is very big tax planing