As per AS11 Initial recognition should be done at the rate of exchange prevailing on the "DATE OF TRANSACTION"
What does the date of transations mean?
For Export sales:
at which rate sales to be recorded?
1.Rate on the date of sales bill
2.Rate on the date of Bill of lading
same for Import purchases:
at which rate purchases to be recorded?
1.Rate on the date of purchase bill
2.Rate on the date of Bill Of entry
please clarify the matter soon
Hi
I need a write up for the fixed asset audit work done by us,as we have to report on.....
Physical identification contaning F.A. details, Location,User,Assets Specific details..
Financial Details contaning value,Invoice no.,classification/group,%dep.,purchase date,put to use date,
Capitilisation of assets
Impairment of assets
And all other relevent stuff related to the Fixed Assets Audit.
1)
whether CST which, paid on purchase of goods, can be claimed against VAT output..
2)whether input CST is eligible against output CST
pl. explain in detail...
hello
myself Rohit Taneja from gurgaon persuing CA - PCC,
The last date of filling Service tax returns for the period 1.10.2008 TO 31.03.2009 is 25.04.2009 and as the same day is Saturday and the respective department remains closed on weekend.
my question is - the last date for filling of return would be 24.04.2009 or 27.04.2009?
Regards,
Rohit Taneja
(rohit2918@gmail.com
MY CLIENT IS HAVING FRANCHISE OF GTEC, COMPUTER EDUCATION. THE FRANCHISE IS PAYING ROYALTY TO GTEC. FRANCHISE'S INCOME IS BELOW 40LACS. I WANT TO KNOW WHETHER THE FRANCHISE HAVE TO DEDUCT T.D.S ON THE ROYALTY PAID TO GTEC OR NOT. THE PAYMENT MADE IS ABOVE 20000. KINDLY ADVICE ME REGARDING THIS
THANK YOU
TEAM- GURUKUMAR
hello
myself Rohit Taneja from gurgaon persuing CA - PCC,
my question is - Is there any rule in SERVICE TAX which relieves the service provider registered with service tax department regarding filling of return having no income in a particular period of 6 months.
Regards,
Rohit Taneja
(rohit2918@gmail.com
hello
myself Rohit Taneja from gurgaon persuing CA - PCC,
i took coaching of ACCOUNTS in JUNE-2008, now i want to revise my syllabus.
my question is - Which chapter should i prefer the most and is there any weightage prescribed for particular chapter in CA-PCC "ACCOUNTS"
Dear friends
One of my client is engaged in trading and warehousing of imported goods subject to custom duty. (CVD)
Now he wants to clear some of his old stock and wants to pass on same amount of duty as he has paid on import around 2 yrs before when rate of duty was higher. Now rate of duty has been significantly reduced so what rate of duty should the trader charge on its invoice whether at original rate or at current rate?
hello
myself Rohit Taneja from gurgaon persuing CA - PCC,
my guestion is - I want to take transfer from my present chartered accountant having no valid ground, can i take transfer without any reason and for your information it has been 15 months since m ungoing training with my present employer.
Regards,
Rohit Taneja
(rohit2918@gmail.com
Live class on PF & ESI Enrollment & Returns Filing(with recording)
purchses/sales to be recognised at which rate(AS11)