Hello EXPERTS,
ABC Pvt Ltd place a order for supply of kitchen equipment. As per payment terms of P.O.
Ex work amt 2987010
Exice duty 149351

sub total 3136361

sale tax 3% on 3136361 94091
Installation charges (Included)

Order Value 3230452

Installation of system will be carried out at cost included in above costso it is composite contract.

Now my query is that wether TDS will be done as it is composite order including installation i.e TDS will be done
OR
TDS will not be done as Sales tax is leived on sub total amount.

1)How we will deduct TDS on a composite bill of supply and service : -Where supply and services within bill are not biforcated -Where supply and services within bill are biforcated

2)How will we capitalised Insurance,registration fee and accessories expenses of a new vehicle which are not included in the original bill and the bill date are different.

Sir,
if a company is importing some items on which it has paid security for container in which it has packed its material, when material reached at indian port company has paid epenses to container corporation of india and returned back security money to the company company. now question is what is the nature of expenses is it rent,packing charges or fraight. and if it is rent do the company has to deduct TDS on that payment.

WHAT IS THE ACCOUNTING TREATMENT OF CONVERSION CHARGES AND COMMISSION CHARGED BY BANK FOR CONVERTING THE RUPEES INTO DOLLERfor payment to creditor FORM WHOM WE PURCHASED THE NEW ASSETS FROM OTHER COUNTRY ( IMPORT )

CAN ANYONE PLEASE PROVIDE GOOD NOTES ON AUDITING FOR P.C.C.SPECIALY FOR GOVT. AUDIT.THANK U IN ADVANCE.

Help Me to prepare Qualifying Report for Valuation if Stock and Book Debts With Qualification Being
1 No Proper Books Of Accounts being Maintained .
2 No information received For Valuation of Finished Goods as Whole.
3 No Proper Drawing Power being Calculated for Month .
4 STOCK STATEMENT SUBMITTED FOR MONTH BEING CARRIED OUT ABRUPTLY AND ON ASSUMPTION bASIS .

Regards
KAUSSHAL GHEDIA

Though I have gone through the site of ICAI, but in order to get more information can anybody tell me about the changes that have taken place in auditing and assurance standards and their integration with international standards?

AS THE CAG.GOV.IN IS NOT WORKING SINCE LAST 2 DAYS ....HOW WE CAN UPDATE OUR DATA. IS THERE ANY ALTERNATE

In Audit Report 'the said accounts give the required information as required by the law', here information required as per law means?

Pls reply me sir What is the audit rules for intraday transaction in shares more than 40 lakhs Or should it discloused as STCG or Business Income.


Thanks


Hitesh Patel