Merina

Dear friends, While uploading closing stock in Tally, whether it should be inclusive of tax or exclusive of tax? Kindly reply. urgent.



Mansi srivastava
31 May 2013 at 06:40

Require book reccommendation

plz let me know a book of company law which is a student friendly book......and which covers the course of cs executive course...


Guest
31 May 2013 at 02:56

Accounting standards book

Plz guys, suggest me a good book for Accounting Standards which gives complete knowledge & in easy language(not copy,paste from ICAI modules)& serves CA Final Exams Purpose??



Anonymous
31 May 2013 at 01:01

Fair value as on 1.4.1981

I got gift from my mother in current year a Building purchased 30 year ago, dont know its cost.

Now I have sold this building for Rs 5000000

So How to record in Books, what is the Tax Treatment???

How to get FMV as on 1.4.1981????


please suggest!!!!!


thanks in advance



Anonymous

Dear Expert,

Please provide me CMA report format for obtaining loan from bank for proprietorship business.

Please do the needful.
I have to submit the report to bank at the earliest.


saurabh verma
30 May 2013 at 23:10

Revenue stamp

when revenue stamps is needed on a voucher?



Anonymous
30 May 2013 at 22:49

Rent free house to director

Dear Experts,

Please suggest the Correct Accounting Head to be Charged agst. Monthly Payment of INR 3.50 Lacs paid towards Lease rent for an accomodation provided to a Director in a company.

Thanks!


NG

Sr. 1. Whether lineal ascendant/descendant includes from mother’s side too ?
(if answer to Sr.1 is YES, then query at Sr.2 hereunder is resolved..)

Sr. 2. If not, then whether Gift can be received from maternal parent say nana under clause relative ?
(if yes, Give reasoning / analysis clause wise…)


As according to my analysis, answer is NO. as under
----------------------------------- -----------------------------
Clause V will cover :
Father,
Paternal Grandfather (Dada),
Son
Daughter
Sons's Children
Daughter’s children
and so on.

Clause VII will cover spouse of above i.e.
Mother
Grandmother
Son's wife
Daughter's husband,
Son's Child’s spouse,
Daughter’s Child’s spouse..
and so on.

Mother's father is not fitting in any clause..
(it is understood that lineal ascendant does not cover mother’s side… )
------------------------------------------------------------------------------------

Clause VI covers all of above from spouse’s side (say wife’s side) i.e. Father-in-law, etc...



chetan soni
30 May 2013 at 22:10

Form 16

Hello All,

I have downloaded the form 16 file from tdscpc after filling the 24Q for Q4. When i started generating the Form16's it only generated for the employees for whom the tds was deducted in the previous year.

My question is how to give Part A of form 16 to employees who has NIL tax liability. OR do we need to give only Part B to those employees.

I am confuse. Please guide.


Saoli Chakraborty

Hello,

I am an Associate member of ICAI since April, 2012. last year I got moved to Canada and staying here now. This year would be the first time that I have to pay the membership fees. Please let me know if I can pay the fees online? what is the fees amount and last date for payment? (I do not hold a COP). Also, I wanted to know how do I change my address to the foreign residential address? I tried with the "change address" link in the "membership" tab but there it is mandatory to also write down the professional address and I am not working right now (I do not have a professional address). Your advice will be very helpful.

Thanks in advance.

Best regards,
Saoli Chakraborty.






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