hi
I am in ca practice for 6 years and now I want to join the industry so should I surrender my COP before hand or I can practice till I get the job and what is the status of my membership fees Am I reqd to pay it even if I join my job before Sept?

is there a way to merge 2 different company data (branch offices) in tally?

Dear all
I want to make a sale in Transit using Form E1. Please suggest at what stage the invoice from the first subsequent seller is required?

BASICALLY FORM ITR-1 IS FOR SALARIED EMPLOYEES. BUT AS PER CBDT GUIDELINES FORM ITR-1 CANNOT BE FILED FOR AY 2013-14 IF THE ASSESSEE HAS EXEMPT INCOME MORE THAN RS. 5000/-. NOW ALMOST EVERY EMPLOYEE HAS EXEMPT INCOME BY WAY OF HOUSE RENT ALLOWANCE, MEDICAL REIMBURSEMENT, TRANSPORT/CONVEYANCE ALLOWANCE ETC. THEREFORE THE SALARIES EMPLOYEES WILL NOT, NOW, BE ELIGIBLE TO FILE FORM ITR-1 BUT INSTEAD FORM ITR-2 WHICH REQUIRE CUMBERSOME AND AVOIDABLE DETAILS. ANY SOLUTION OR ANY OTHER OPINION?

Dear Experts,

Our client is providing packing services to Agarbathi manufacturers. Is this service falls within the ambit of "taxable Service"?
Whether service tax is applicable? Any notification in this context?

Dear Fellow Members,

Please advise me in following scenario-
XYZ is a public listed company. Local government has taken 10% of its land due to the local government's road extension project without giving any compensation. The company follows cost model for its fixed assets.

And now the question is simply passing an entry of derecognising the proportionate amount of land assuming a disposal of assets while charging profit is must or there are any other way out is here?

Please note standards for impairment is not applicable here due to carrying amount is much lower than the fair market value.

Laba Khatri
Member

I'm started my articleship but i'm the 11th article so is there any rules that a CA can have only 10 artilces and yes then what shud i do?

My query is regarding the treatment of sale and lease back in case of operating lease,
why do we compare Carrying amount with Fair value , why not selling price, if compensation is given by lessor?

Dear experts,my Ca final attempt is on nov 2015 and i am going to do self study n not gng to take any tuitions.Plzz provide me the book and author's names of each subject which i can refer for my self study n note dat the books should be d best for the ones who are not gng to take any tuitions and do self study.

I'm owner of a SSI & a separate impex form. I have two questions:

1. How can a SSI procure raw material to be used to manufacture goods for export (through merchant exporter) without payment of duty? We don't take input credit as our turnover is less than 150 lacs.
To simplify, firm A is a manufacturer which sells the goods which is to be exported to firm B, which is the exporter. How can firm A buy raw material without payment of duty?

2. In case the SSI exports the processed goods directly, how can they procure raw material without payment of duty?