Hi Friends,

I have recently joined as a consultant. they are treating me as a employee

when it comes to facilities they are saying that is not applicable.

can any one suggest me what is the difference between Salary employee and consultants

is it necessery to have paid Tax in order to claim refund in the event of non liability.

Where do we show the following in balance sheet as per revised schedule VI.

"encashment of employees earned leave encashment payable on retirement"


My viewpoint:
'employees earned leave encashment payable on retirement' will be shown in long term provisions under non current liabilities.

But as the word "encashment of" is prefixed before the above, it should not be shown in the balance sheet.

This question is from CBSE examination 2013, set 3.

Dear experts,
pls let me know the time limit for claiming input tax limit on capital goods?n is there any restriction for claiming the same?

I have completed 8 months of articleship in Jan 2013 and my working hours were nearly 50 hrs a week. For some personal reason ,I had to take a leave for 3 months from Feb 2013.
I have still not registered for Gmcs-1.
Will the number of months for my articleship completion be counted as 8 months or 11 months?
I have to complete Gmcs-1 within 1 year and I have not done the same till date for this reason I'm asking about the tenure of my articleship. 1 year of my articleship will be completed in mid May 2013.
Can, I register for the may batch? or because of the leave, I can register after may?
What will be the consequences if I fail to Complete Gmcs-1 before the prescribed limit of 1 year?

Sir,

In pvt ltd Company, if an auditor first give audit report for the year 31-3-2012, where he says CARO, 2003 in not applicable.. The same audit report is being forwarded to all shareholders..

Now, when company upload audit report on the ROC Portal for the same year that is 31-3-2012 and it shows annexures as required in Para 4 & 5 of CARO, 2003, then which is correct?

What is the intention behind this? Can CA be considered in Professional misconduct for this guilty?

This suggest 2 AUDIT report for the same year, where one says CARO, 2003 NOT APPLICABLE and other one have annexure, statement report as requirement by CARO's Order in Para 4 & 5.

Please reply, Is this professional misconduct by CA?

Please reply..

I have completed 8 months of articleship. The firm were I am undergoing articleship does not cover all areas. Also Payment of stipend is also delayed and I receive it only after asking for it many times . Moreover in a week my working hours sum-up to more than 35 hours(approx 45-50 Hrs/week).
Can ,I avail transfer on these grounds?
I have asked my principal to grant me the permission for transfer, but he is adamant and has refused to do so.
Please guide me with the procedure to avail transfer of articles.
Is there any other option available, if my principle still does not give me the permission.

Where to show land Purchased in a Construction Business??? Do we have to debit it to P&L a/c ????

how to account cash credit it like loan

A private or limited Company Asst.year 2012-13 (31.03.2012)

Net sale = Rs.80,00,000/-
Net profit = Rs. 40,000/- (after all exp)

is U/s 44AA AND 44AB both will apply or not, or which one will be applicable.

please advice

regards