Hi experts, i completed 4 months of articleship til now i didnt get any work exposure, as we had only vat returns, IT returns, some accounts work like this.. we dont have any audits.. Im Thinking to Transfer it is going 2 b a right decision? as i mentioned above with this little work exposure can i settle in a industry?

Hi experts, i completed four months of articleship, we dont have any audits how would have an impact on my career?

Dear Fellow Members,
Please advise me in following scenario- XYZ is a public listed company. Local government has taken 10% of its land due to the local government's road extension project without giving any compensation.

The company follows cost model for its fixed assets. And now the question is simply passing an entry of derecognising the proportionate amount of land assuming a disposal of assets while charging profit is must or there are any other way out is here?

Please note standards for impairment is not applicable here due to carrying amount is much lower than the fair market value.

Laba Khatri
Member

MY CLIENT IS A NEWLY REGISTERED TRUST IN UTTARANCHAL. CAN THEY GRANT MEMBERSHIP TO PEOPLE BY CHARGING ANNUAL MEMBERSHIP FEES ?

As a concurrent auditor of the branch,how do i check the clearing process?

Dear sir, my father is kite -business.i have to know that how do registered in handicraft business in india or small -scale(cotton) business

What is the status of unregistered association ?If AOP is not registered then it is assessed at which status ?

Dear Experts

Plz solve..

1. Income from future and option trading in commodity market will come under which head of income.
2. And Which Itr Form is relevant for this.

Thanks
Ajay

Pls asnwer these 3 queries with reference to relevant section of the act or case law

1. To get benefit of deduction of section 54F, can we first purchase the land and then construct the house? Shall we get both amounts as deduction?

2. In case of section 54B deduction, shall we get benefit of deduction when we purchase another agriculture land after making Agreement/Satakhat of agriculture land to be sold? That means we have purchased new agriculture land after making Agreement/Satakhat of old agriculture land but before making final sales deed of old agriculture land?

3. If we (seller) cancel agreement to sale land and pay compensation to proposed buyer then amount of that compensation can be added to our cost of acquisition or cost of improvement?

i am developing an internal control system for a school. i am also developing n formulating strategies n procedures for accounting for the school. i would like to seek advice n help as to the integral parts i should take care of and how i could develop an efficient internal control system...