caclubindia.com: Experts

Ifrs course

1077021 — Wed, 19 Jun 2013 21:28:35 GMT

Dear sir/madam,
I'am CA final student and had appeared in first group exams in May'13.I'am planning to take up course on IFRS conducted by the ICAI.

Will it be beneficial to take up the above course and what are the future prospects after this course.

Please share your valuable views and guide me.

Regarding e filing of return

998652 — Wed, 19 Jun 2013 21:20:01 GMT

hello sir/madam,

i have a query regarding registration
for e -filing ...one of my close relative
got registered on income tax site of gov..through some one else ...but he does not know his password ...can he once again can get registered on that site.... and how plz advise ....

thanking you
with regards
himani gupta

Ipcc

1035588 — Wed, 19 Jun 2013 21:04:14 GMT

Should I join to coaching class or articleship for IPCC Exam

Errors in intimation u/s 143(1)

154120 — Wed, 19 Jun 2013 21:02:08 GMT

Hi

Today I checked around 6 intimations u/s 143(1) and found that 2 of them are wrongly calculated. In one of the intimations speculative income is added same as non speculative business income whereas speculative income was only Rs. 300 and raised demand. In another case speculative loss has been added in non speculative income and increasing the real income.
Please guide me how should I proceed. Which is the better way rectification u/s 154 or a simple email stating facts to CPC, Bengaluru.

Regards.

Exam time

690912 — Wed, 19 Jun 2013 20:52:33 GMT

Please give an idea how much time it will take to prepare effectively for final gr2 as I am starting after a long gap and without studies for a long time

Ptec enrollement

1083609 — Wed, 19 Jun 2013 20:45:07 GMT

IS IT POSSIBLE THAT THE PTEC APPLICATION CAN BE MODIFIED/EDITED FOR WRONG INFORMATION/DATE BOOKED AFTER ONLINE SUBMISSION OF APPLICATION BUT BEFORE THE APPOINTMENT WITH THE OFFICER FOR OBTAINING CERTIFICATE OR A FRESH APPLICATION CAN BE DONE . PLEASE GUIDE ME.

Audit report

1044027 — Wed, 19 Jun 2013 20:44:51 GMT

is new audit report format applicable to co-op hsg society audit?

Exams

690912 — Wed, 19 Jun 2013 20:36:00 GMT

As I am starting after a very long gap I want to know how much time it will be needed to prepare adequately for final gr 2.Thanks and regards

Vat audit

1044027 — Wed, 19 Jun 2013 20:12:36 GMT

for f.y. 2012-13,what is vat audit limit for dealers in maharashtra state?

Ca with cs

1013884 — Wed, 19 Jun 2013 20:06:53 GMT

i just want to know that if a student who is doing CA ( and not any other thing like bcom etc.) can he or she do CS along with it ? if yes then whther it is mandatory to inform CA institute?

Head of income

1085285 — Wed, 19 Jun 2013 19:53:42 GMT

MY CLIENT HAS CLOSED HIS MFG. ACTIVITY AND PRODUCTION. NOW THE FACTORY BUILDING HAS BEEN LETOUT AND HE DERIVES INCOME FROM RENT. PLEASE LET ME KNOW WHETHER RENTED INCOME CAN BE DISCLOSED UNDER THE HEAD INCOME FROM BUSINESS AND WHETHER EXPENSES INCURRED FOR MAINTANENCE, ADMINISTRATION AND OFFICE CAN BE CLAIMED AS DEDUCTION.
PLEASE REPLY WITH CASE LAWS.

Vat in cash bill

847494 — Wed, 19 Jun 2013 19:42:42 GMT

Hi All,
Can we make cash bill and charge 5% to the customer and ask customer to pay by bank from their city (but not in C form) if he deposit from outside state is there any problem on this

Audit of company (under liquidation)

566760 — Wed, 19 Jun 2013 19:40:00 GMT

Dear Experts,
I wish to know the provisions of Audit of Company (under Liquidation). To put it specifically, I wish to know “whether a company, whose liquidation has commenced (by filing a Petition in the Hon’ble High Court) and a Provisional Liquidator is duly appointed, has to continue to get its accounts audited during the pendency of the said petition?”
Further, after some years, if the winding-up order is passed by the Hon’ble High Court, and the Provisional Liquidator duly becomes the Official Liquidator, is the company required to get its accounts audited as it was required to (prior to liquidation)?
My view is that, “a company is required to get its accounts audited till the date of its winding-up order, and not thereafter, since the Official Liquidator takes charge of books, etc. everything.” Kindly correct my view, if it is wrong/ inconsistent by any means.
It would be very kind if your reply is supported by respective provisions (sections, case-laws, etc.) to serve my ready reference.
Your early reply in this regard would be highly appreciated.
Thanking you in anticipation.
Regards,
Mayur R. Gadhia.

Proof of export

401556 — Wed, 19 Jun 2013 19:26:35 GMT

WHY PROOF OF EXPORT IS REQUIRED
WHO HAS TO ISSUE IT TO WHOM
WHAT ARE THE CONSEQUENCES FOR NOT GIVING IT
PLEASE GIVE ME CLEAR DETAIS FOR PROOF OF EXPORT

FOR MERCHANG EXPORTING BY MERCHANT EXPORTER FORM ARE-1 IS REQUIRED YES OR NO

IF MANUFACTURER UNDER EXCISE COVERAGE HAS TO FILE FORM ARE-1 FOR EXCISE DUTY FREE ITEM

Resolution for taking od facility against fixed depost

1041524 — Wed, 19 Jun 2013 19:13:19 GMT

Dear Sir,

Plz provide me any Resolution regarding taking of OD limit against Fixed Deposit from SBI Bank.

Thanks in advance.

Moa and aoa of a optical lense trading co.

407898 — Wed, 19 Jun 2013 19:12:51 GMT

Dear All,

Can anybody provide me MOA and AOA of a Pvt Ltd company dealing with trading of Optical lenses.

Thanks in advance

Attestation of it returns

332273 — Wed, 19 Jun 2013 18:58:43 GMT

Dear Sir/ Madam,
Now a days the Shriram chits and some other bankers are also asking to get the attestation of the auditor or the consultant on the income tax returns filed.

I would just like to know that weather is there any RBI Rule to be get attested or any other.

To my openion as the Ack from the ACIT Department can not be attested by the ITO then how can a auditor or a Consultant can attest.

Please give a clarification. Is it really mandatory to get sign. on the ACK

Depreciation

1085170 — Wed, 19 Jun 2013 18:54:52 GMT

If a private limited company is having its business of safe deposit vaults, then in which block of assets "Safe deposit vaults" depreciation would be counted and rate?

Section 269 ss and t

880889 — Wed, 19 Jun 2013 18:42:49 GMT

Dear Sir,

One of our client is partnership firm. Out of all partner 3 partner have retired from firm from 1st of april 2012. There is capital treated as loan.

Now we have made payment during the year.

Weather we have to take same under loan schedule for audit report u/s 269 SS or 269 T ?

Thanking you in advance.

Tds on dress designing fee

435983 — Wed, 19 Jun 2013 18:38:44 GMT

Hi....

I am working in a Production house, we are purchasing costumes for actors from dress designers. in there bill they written like 1- Designer fee & Costume cost and ST charged on both, 2-the designer fee and costume charges shown separate and ST charged on Designer fee only, 3-some times we have the contract with designer and in the contract clearly mentioned the design fee and the cost of costume separately or one single amount also mentioned for the both work....

My qustion is on what amount i deduct TDS @what rate under which section for above 3 conditions.....

Thanks....