Amybody have any idea about the exam of PCC whether it will be held in the month of Nov. or Dec.

The co.(like film co.) initially depsosit the amount in a person (production manager) bank account/given him cheque.

further he incur expenses & provide the actual original bill to the said co.

he has no proof of same.

the said person incurs expenses on some items & Bribe.

how we pass entry.

As these amount are neither his income nor his expenses.

like
may be passed

but not showing

1. Bank a/c dr. 50000(salary)+100000(for expneses)
To media co.

2. expenses dr. 50000
To bank 20000
To Bribe 40000

The co.(like film co.) initially depsosit the amount in a person (production manager) bank account/given him cheque.

further he incur expenses & provide the actual original bill to the said co.

he has no proof of same.

the said person incurs expenses on some items & Bribe.

how we pass entry.

As these amount are neither his income nor his expenses.

like
may be passed

but not showing

1. Bank a/c dr. 50000(salary)+100000(for expneses)
To media co.

2. expenses dr. 50000
To bank 20000
To Bribe 40000

I have no cash credit account. But eventually I have wrongly shown cash credit account in the liabilities side of my balance sheet. The said cash credit account has been carrying forwarded since last 10 years. The said cash credit balance would be positive balance of such bank accounts.

The case was selected for scrutiny and accordingly the A.O. added back the same treating as undisclosed cash credit U/S 68. What is the remedy?

is airline incentives paid by airline to freight forwarders liable for service tax ?
is there any notification or circulars in this regard ?

what is the treatment of written off of creditors in cash flow anf=d how we are show this transaction?

what is the difference between p&l and p&l appropriation

The new rule set by our institute,that our tution timings should not be after 9.30 am and before 5.30 pm,i m not getting this.I mean a C.A. student,e.g., i am in pcc,so i get 18 mnths to prepare myself for my eligible attempt and during this period i have to do the practical training also.Now,We have 6 subjects..and we have to plan our studies and tutions as per our training.In these circumstances,a student manages very hectic schedule of its tutions,training and other activities also.so,dont u think its a totally unfare to a student doin C.A.I agree ICAI is framin rules just for the wellfare of the country and students,but...now i m facing problem of tutions.where i want to join, i can't,just because of this rule.
KINDLY HELP ME PLEASE....!!!!!!!!!!

Hi
the expression in part II " earnings in foreign exchange" means income earned during the financial year in foreign exchange whether received or not in that year? is that right? Please clarify. Similarly expenditure in foreign currency whether paid or not during the year.

Reqeust clarification.

Can we claim refund of service tax in case input tax is more than output tax?