respected sir,
some banks are asking ca certified audited reports even for 5 laks over draft for business men.i want to know is actully from which amount of over draft banks required ca certified balance sheet?(as per RBI REGULATIONS).please some one may clarify

“Reserve ” may be defined as a portion of earnings receipts or other surplus of an enterprise appropriated by the management for a general or specific purpose”.

In the context of above statement:
Q1) whether above definition talks only about General reserve and Revenue reserve. What about Capital reserve and revenue reserve.? Please guide me.

Dear Sir
I have a doubt on Depreciation. My following entry is right or wrong if wrong please rectify me

Depreciation Expense ( Ind.Expense) Dr
To Acc.Depreciation Furniture(F.Assets)

Depreciation Expense ( Ind.Expense) Dr
To Acc.Depreciation Computer(F.Assets)

I did because we can track at any time the original cost of the assets.
It is right.

What is procedure for conversion from Old Ipcc to New Ipcc,
There is necessary to certificate of ITT & Orientation programm at the time of agreement with institute member for articlship,
What is the last date of conversion to attend may 2014 exam?

sir ,
I Will be appearing for icwa(finals)CMA ,in december 2013. Do i have to fulfill the criterion of Experience of at least 6 months JOB as mentioned in the New circular . Do i need to send T/3 form accompanying relevant enclosures. presently am registered under 2008 syllabus .

ADITYA .

sir, please tell me wt is the difference between face val and par value ?because while calculating if face value is deemed to be 10 then par value also must be 10 but is using 100 why ?

if pan no. is not furnished by the payer, then what rate of tcs should be collected?

Dear Sir/Madam
If we( Individual ) are not registered with Service Tax Deptt.& giving Taxable service & Receipts is above 10 Lacs per year since 10 years old & not charge Service Tax from Clients. after that we receive a notice from Service Tax Deptt. in which Service Tax Department is required Copy of TDS Certificate of 5 years, ITR, Balance Sheet etc. & department has already been shown Form No. 26as for 5 years old.

In view of the above, does Service Tax make me or not? Because we are not charge service Tax from Clients. can we Appeal or Case against the above said matter.
Department has Form No. 26as of 5 years old. If we go to the court for the same, then what will be the result imagination? our case would be strong or not ????
Please Reply for the same.
I shall be very thankful to you

dear sir,

kindly provide the Series number in C Forms in all state wise.

A minor Having Income of Rs. 2,50,000 is taxable or not. If Yes then what would be Taxable Amt Please Reply ASAP. Its Urgent