As per recent amendment by the I.T. Department that Tax Auditor has to upload the Audited Balance Sheet & Profit & Loss Account in PDF format on the website of e-filing w.e.f.Asst.Year 2013-14 onwards along with Form 3CA/CB & 3CD with digital signature of CA.

Now query is whether such financial statements has to be uploaded with signature of Assess as well as Tax Auditor or not.

Moreover if any member has done such work then please briefly reply in this regard urgently.

Sir,
Please help me, I am not able to select
Further I want to what is ATC, ITT and orientation programme

Thank you

A company sends cars to dealers on "sale or return" basis.All such transactions are however treated like actual sales and are passed through the sales day book.Just before the end of the financial year,two cars which had costed Rs 55,000 each have been sent on "sale or return" basis and have been debited to customers at Rs 75,000 each.Cost of goods lying with the customers would be--
(a)Rs 1,10,000
(b)Rs 1,50,000
(c)Rs 75,000
(d)Rs 55,000

I have imported the goods of Rs.100(10 units) and paid custom duty Rs.28(As per custom Tariff) and till 31st March,2013 i have sold 8 units and 2 units are left as closing stock ,while doing valuation whether i will include the custom duty or not, I have done the valuation as under ;

Cost of goods Purchase

Basic Cost =100 (For Ten Unit)
Duty Cost = 28 (For Ten Unit)
Insurance & Freight = 8(For Ten unit)
CHA & Other charges = 5 (For Ten Unit)
Total Cost =141 for Ten Unit
Per unit cost is Rs.14.10

So unsold goods was 2 unit and valuation is 14.10 X 2 = 28.20
Please advise whether my valuation correct or I have to exclude the custom duty.

What is the payment period of Service Tax in case of LLP?? i.e Quarterly or Six Monthly

I have completed my article ship under my present principal before one year.

I have joined this office after taking transfer from my old principal. At my present principal office there is a rule to first serve on probation basis for three months and after that he recruits as an article assistant for article ship. I have also followed the same procedure for the period of three months.

However as per the information provided by the member of institute my article ship period is extended for 89 days due to excess leave. I have still not received any letter for communication regarding the matter.

Now I would like to know from you that may I take stand of clause 2 of regulation 59 of Training Guidelines and whether I can utilize the probation period that I have served for three month for set off of the excess leave or not. It is not possible for me to join again the article ship.

What will be the DVAT rate on sale of fabric...??
The fabris which we sell is use to make ties, etc.

Is it exempt nowadays..??
Also tell me the procedure to check wheather the product u vatable or not..??

Thanks in advance

A(Mumbai) Purchase Goods From B(Tamilnadu)
Basic Value 441600
Excise Duty 52992
Edu Cess 1060
S&H Edu Cess 530
CST@2% Against Form C 9924
Total 506106

A(Mumbai)directly Sale these goods to C(Gujrat) i.e. Directly delivery from B(Tamilnadu) after addition Value of Rs.20000 i.e.526106.

Whether A(Mumbai)also charge CST in Tax Invoice raise to C(Gujrat)?
Explain Briefly?

during uploading form1 for pvt ltd co.

Do we require to first pay Fees & Stamp duty and then upload form1..?
or
We have to pay the amount during uploading the form1?

The correct sequence of the following in the preparation of periodical final statements would be--
1.Preparation of balance Sheet
2.Preparation of cash flow statement
3.Preparation of Trial Balance
4.Preparation of Profit/Loss Statement
The correct option is--
(a)4,2,1.3
(b)3,4,1,2
(c)2,4,3,1
(d)1,3,2,4