Public charitable trust running an International School, Is there a need for tax audit if gross receipt from school fees is more than 1 crore.
Income of trust is exempt u/s 10(23) of the Income tax act, 1961

what are the consequences if someone forgets to tick the question answered in answer sheet of ipcc exam

can anyone tell me how to conduct concurrent audit of a govt. bank?
what are things i should look out for?

Dear respected members, can you please solve a problem of journal entry. their is a pateint (RAM kumar) bill of a hospital ,bill is of RS-27750 after dicount 2750 he paid 25000 now in this bill there is a consltance charegs also inculdes 700 of other doctor .which we will pay later to the doctor at the end of the month. now i want a journal entery where discount is dividede in to the conltancy and to the hospital (200 for other doctor or consultant and 750 for hospital) i have to show the other doctor charges,the hospital charges,the dicount dividede in to two part (hospital and consltant) please to the neefull

Namaste..!!

I am an Accountant and doing job in privet firm from last 3 years..

In 2006 I had passed CPT and than started articleship..

I had attemped 3 exam and not cleared PCC than I had started Job due to financial contigency..

Now I want to move back in CA..

So I want valluable suggetion which will be good for my future..

Please help me..

WHAT ARE THE CONDITIONS FOR GETTING RANK IN CA FINAL i.e. WHICH STUDENTS ARE ELIGIBLE FOR GETTING RANK.

IS PASSING IN FIRST ATTEMPT COMPULSORY FOR GETTING RANK?

CAN ANY PRIVATE LIMITED CO. OR HUF BE THE OWNER OF PROPERITORSHIP FIRM ????? IF YES THEN WHAT IS THE FURTHER PROCEDURE ????

Dear Experts,

I am partner in a firm full time with COP. Now I have got job in industry to work on full time basis on salary.

Can you please verify, whether I can work full time in industry at same time I am able to be a part time partner in the firm.

Also pls confirm if I can keep my COP with doing any audit.

Waiting for a reply.

As we know different companies provides the facility of transport goods on demand for commission basis so when will be the revenue recognized for these companies at the time of Booking,receipt of payment or on the date goods actually delivered. Explan entire Treatment

Dear Sir,

we are a SEZ Unit. We want to purchase the goods from Switzerland and sale it to the client in India which is a DTA unit. The seller in Switzerland will raise the invoice to us and we will raise a invoice to the client in DTA. Can we do high sea sales and still the goods can be imported in to our SEZ unit for further packaging job on behalf of the client.
one more clarification needed is, can the client in DTA file the bill of entry and clear the shipment from the port directly if we give a bond that material is sold by doing high sea sale transaction or only we can file the bill of entry?
Please give your inputs regarding high sea sale transaction as we are doing it for the first time. Also please advice about documentaion part.

Thanking you in advance.