Easy Office
LCI Learning


Arun Gupta
18 April 2009 at 09:53

INCOME TAX

TODAY IS 18TH APRIL,BUT NO EXCEL UTILITY IS AVAILABLE TILL DATE OF NEW INCOME TAX RETURNS,HOW SHAME FOR OUR INCOME TAX DEPARTMENT


V.Jagadeesan

Dear Members
A company engaged in Jewellery business. Some customers sold old gold against which they purchase new Jewellery. Suppose old gold worth of Rs. 1,00,000 is sold and purchasea new Jewellery worth Rs. 1,20,000.

In the sales invoice Rs. 1,50,000 is shown as sales against which value of old gold is shown as deduction and the balance amount of Rs. 50,000 shown as amount received.

I request you inform me how to account the above transaction. Whether the gross value of Rs. 1,50,000 is to accounted as sales and Rs. 1,00,000 is to be accounted as purchase or is it sufficient that the net amount of Rs. 50,000 is alone to be accounted as sales.


sankar
18 April 2009 at 09:38

About Accounting Technician programme

I am a B.Com., graduate and I passed the first group in C.A.Inter in November 2008. I stopped writing exams in 2000. Now, if I want to continue the course, what should I do? Will the three papers that I passed be valid now if I continue the course?

Please explain me in detail. My mail id is jforjackie@yahoo.com. Replies may be sent to this mail id.


CA Prasanth Viswanadh
18 April 2009 at 09:29

ORIGINAL CERTIFICATES

Sir,

can u pls tell me whether i can seek job by depositing the original study certificates with the employer. Can he take them as security as per law.

Suppose If want to show any legal provision in support of the above query.from where i can show.


NEEL..
18 April 2009 at 07:31

auditing standard

the numbers of aas have been chans=ged.is it applicable 4 june 09?if yes any1 can give me that?i think only no.s are changed,not matters?is it?


Manisha
18 April 2009 at 06:50

LTA

We had availed the LTA benefit in our travel during dec 2007.Now we are planning another vacation to get the benefit of LTA.
Is it necessary to start and finish the journey by Dec 2009,or can we avail the LTA benefit also incase the travel gets over sometime in first week of Jan 2010.
also what happens in case we plan a trip in 2010.Will the LTA amount be taxed.

Also pls let me know am i entitle to taxfree LTA for 2008-2009 which i have not used.,or anypart of it will be taxable.


Pls reply on mchhaya@gmail.com
Thanks
Manisha


Rupesh
18 April 2009 at 06:27

about the articleship

I am started my articleship as on 23rd january 2007. on 13th jualy 2008 i had take transfer & join another firm. old employer give me 75 excess leaves. in new firm i am not taking any leave up to 18th april 2009 plz help me about is my articleship still complete on 23rd january 2010 or it extent by 75 days

you can give me answer on jain_rupesh99@yahoo.co.in


plz reply its most urgent for me.


narinder
18 April 2009 at 06:25

Export of Service

IF CLEARING & FORWARDING AGENT GETS AN ORDER FROM A FOREIGN CLIENT (HAVING NO OFFICE IN INDIA ) TO ARRANGE TO SEND THE CONTAINERS FROM INDIA TO LONDON AND CLEAR ALSO AT THE PORT , AND FORWARDERS RECEIVE THE CHARGES IN FOREIGN CURRENCY .

WHETHER THE FORWARDER IS EXEMPT FROM PAYING SERVICE TAX?

IF EXPEMPT PLEASE GIVE THE NOTIFIATION NUMBER

AND ANY LIABILITY OF THE FOREIGNER COMPANY FOR SERVICE TAX?

THANKS
NARINDER


Rupesh
18 April 2009 at 06:25

about the articleship

I am started my articleship as on 23rd january 2007. on 13th jualy 2008 i had take transfer & join another firm. old employer give me 75 excess leaves. in new firm i am not taking any leave up to 18th april 2009 plz help me about is my articleship still complete on 23rd january 2010 or it extent by 75 days

you can give me answer on jain_rupesh99@yahoo.co.in


plz reply its most urgent for me.


Jayanta Chowdhury
18 April 2009 at 00:45

Applicability of AS-7

My company is real Estate developers -recently it had undertaken the construction process of its own project.My question is whether As-7is applicable for us? if yes- then how to be reported -whether the flats already booked will be taken into consideration-another point is whether we are liable to deduct Pf and ESI from the contractors working under us if not having the registration numbers