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LCI Learning


VINAYAK
11 May 2009 at 15:38

TDS ON SPONSORSHIP

We are paying to Organising Body for conference sponsorship for 3 session. Now tell how tds will be applicable.

Regards

Vinay


CA P KARTHIKA
11 May 2009 at 15:36

Internal Audit

Can Internal Auditors do Statutory Audit. Answer with reference to ICAI's Code of Conduct!


Ravinder
11 May 2009 at 15:31

Applicability of service tax

I have read from caclub website..that newspaper advertising ageny are not liable for service tax, in otherside party and news paper is responsible for the serive tax.. is it right i no then how much exceeds after we are responsible for serive tax.

4dahiya@gmail.com


DARSHAN
11 May 2009 at 15:27

caro

when caro is applicable to the company


Dattatray
11 May 2009 at 15:17

Minutes of the Meetings

Hi......

Can anybody mail me the format of Minutes of the meeting....

Please mail me Board Meeting Minutes format....

Its urgent...


CA KRISHNAKUMAR FCA
11 May 2009 at 15:17

271 1 c Penalty

Can assessing officer initiate 271 1 c penalty in a case in which assessment completed on estimated income and which is agreed by the assessee due to the comlexity in the books of accounts produced before the AO.


CA KRISHNAKUMAR FCA

Can assessing officer initiate 271 1 c penalty in a case in which assessment completed on estimated income and which is agreed by the assessee due to the comlexity in the books of accounts produced before the AO.


ankush
11 May 2009 at 15:03

Consignment

Mr Anuj sent 2000 units cosying Rs 1800 each to Mr Mahipalthe goods were to be sold as to yeild a agross profit of 20% on sales. Mahipal sold 1200 units @ 2050per unit on credit and 650 units @ 2300 per unit on cash. Mr Mahipal is entitled toa commission Rs 300 per unit. The amount of commission will be
(A) 555000 (B) 570000
(C) 590000 (D) 610000
please describe in breif
answer:- 555000


Jayesh Jagetiya
11 May 2009 at 14:57

Share Exp


Dear Friends,
We have incurred the following Expenditures:-
1. Stamp duty for Share issue
2. Exp to increase Authorised Capital
3. New company incorporation fees paid to ROC
Whether they are Preliminary Exp.? How to treat the same in Accounts & Income Tax?


ankush
11 May 2009 at 14:56

consignment

Naveen of nagpur sends out 1000 boxes costing 100000 to deepak of delhi at cost+20%. Consignor expenses were friegth 6000, insurance 2000, consinee exp were lauding and unlauding charges 10000, salesman salary 6000, commition 2% on gross sale. what will be the amount of profit if 3/4 goods sold by consginee at Rs 100000.
(A) 5500 (B) 6500
(C) 7500 (D) 3500
answer:- (D) 3500
please describe