dear sir/madom,

i am Abhishek tather, & has passout CA in may 2016,Currently i am working With Hindustan teleprinters limited as Managment Trainee , i am looking & learing here accounts,& taxation .but i am not getting satisfaction. i want to choose a field for my carreer. so which field is suitable for me.i have interest in Finance.

i wish to analyse some options & want to choose best among them . suggest me some options ,which is best for my career.


Regards
Abhishek tather

whether service tax paid by company under RCM be treated as prior period expense????

Hi ,

Recently I brought an under construction apartment. The contruction is supposed to complete in Dec 2017 which is when the registration will happen.
I also came to know about the TDS needs to be paid for property > 50 L and mine qualifies for the same.
I had paid my previous installments ( bank to builder) without deducting the TDS ( 1%) . In this regard, will it suffice if I deduct the entire TDS at the time of the registration? Please help

Regards,
Edsel

I am an undergone article and my articleship going to complete in oct-2017. On 18-nov-2015 i had also took registration in cs course which is an corresponding course . on that time i was not aware about the condition of ICAI of disclousing about joining additional course of study. now in march-2017 after reading notice of ca institute about condonation fees under amnesty scheme i had filled form 112 to institute but they reply me that you should give resion that why you not discloused the fact till now. so please anyone help me what resion can i give to icai because there was that time only negligence from my side that i was not aware about icai conditions . plese help......

One of my client is establishing a plant for processing of mineral. The plant will start commercial production only after 01st of July 2017. Currently they are procuring and installing Capital Goods. As per my knowledge there is no excise duty on processing of minerals.

My query is whether to take credit of excise duty and CST paid as CENVAT and Input Credit of CST and carry forward the same into GST so that the assessee can take credit of CENVAT and CST into GST? Will it be possible to take credit of CENVAT and CST in GST? Let me tell you that the machines shall be purchased from out of state of Rajasthan.

A consumer imports in India a Camera from an e commerce web site which is based in USA. The website in USA has arrangement with an Indian Company to act as a facilitator for clearing these goods from Custom, collect payment on behalf of the website and remit it to their bank in USA. Will VAT be charged if any ? If yes on whom consumer or facilitator or US website?

I Want to know about service tax charged on invoices if I have registered ST-2, but My Service provider business last year & Current year, not excess 8 Lakhs. In this situation, I have raised invoices without service tax.

Pls tell me above invoices raised without service tax is correct or not.

hello Experts,

Can the below mentioned treatment in Balance Sheet is sound for any Proprietorship Business (No tax audit):

Liabilities:

Opening Capital 20,00,000
Add: Current Year profit: 4,00,000
Less: Loss on Sale of Part Business: (3,00,000)
Less: Loss on Sale of Fixed Assets : (20,000)
Less: Drawings : (10,00,000)
__________ 10,80,000

Loss on Sale of Part Business : Assessee has sold his major loss making unit.
Loss of sale of FA : Assessee has also sold some of its depreciable assets at a loss (i.e below its wdv)

Now i need your advice on this, can we show these losses in balance sheet like this ?
As if we treat these losses to be in P & L, the same should ultimately affect the capital, with a Current year net loss.

Thanks & Regards,

My articleship has completed in 2011. Cleared IPCC in Nov.,2016 attempt.
In between years I was at home. I will continue studies for CA final. At the same time I want to get good practical experience, knowledge & income.
me
Please guide me how do I explain this big time gap in my CV & how do I select good Job.

I Sold Goods to unregisterd Dealer And I Have a ITC .

Shall i adjust my ITC against vat payable to unregisterd Dealer ??
Reply as early as possible