We are statutory auditors of two private companies which have same director. The first company sells some products a much lesser price than it sells to other companies. (Only 5% of price to other companies) What will be 5he consequences ?

My IT Training is going on these days. i have passed ipc both groups in first attempt in may 2013. can i get myself registered in CA final Course before the completion of my IT Training???

How can we file tds return (24Q) of govt employees. They are not paying the tax through Banks. It is by book adjustment. So CSI file couldnot be downloaded from tin-nsdl site. Then how can we validate the FVU file. (the program file is used from the tin-nsdl site). When I validated the file without giving the CSI file and error file was generated. Is it accepted by tin-fc. Please give me a correct answer.

Dear Sir, I would like to know that for the AY 13-14 , If the gross turnover does not exceeds Rs.1 cr then Is it required to get tax audited ?? is there any provision that section 44AB once applicable will be applicable forever ...? n yeah they were subject to tax audit preceeding the PY .....

We are a company availing cab facility on hire basis. Cab operator charging service tax @ 4.8% + cess.
Please advice How much we should pay as per reverse mechanism (incase bill value is Rs.10000/-) Or we need not pay anything.

dear sir,
Iam associate with trading and software manufacturing company in Cochin. We are conducting import and export business.Now we are facing a serious issue in relating to purchase cost of imported good.
we get advise from our chartered accountant that we have to take rate from RBI rate in respect of date of invoice generated .they also quoted that we are liable to pay as per invoice .
As par as sale tax officer opinion that purchase cost of imported good should be on the basis of bill of entry.
kindly advise
Thanks®ards
Binu

dear sir,
Iam associate with trading and software manufacturing company in Cochin. We are conducting import and export business.Now we are facing a serious issue in relating to purchase cost of imported good.
we get advise from our chartered accountant that we have to take rate from RBI rate in respect of date of invoice generated .they also quoted that we are liable to pay as per invoice .
As par as sale tax officer opinion that purchase cost of imported good should be on the basis of bill of entry.
kindly advise
Thanks®ards
Binu

Good evening one of my friend ge is an accountant in one hospital he excessly deducted the tds u/s 194j by Rs. 200000/- . Whether we can get refund or how we adjust the excess payment aganist further payments.

Dear Sir,

In Income Tax Act, stock is to be valued at cost price or market value whichever is less but in "Tally" stock is valued at average cost by default, so how can I value the closing stock in "Tally" as per the IT Act-1961.Please help me.



With Thanks & Regards
Ashutosh Kumar Jha
9534140352

A senior citizen having total income of around 200000 is holding a PAN card.Is he required to file Return?As per the latest rules ,if a person has some tax liability then he has to file tax returns even if his total income is below taxable limit.