Dear Experts,

When we make BRS at the end of year and found some entries while making the BRS.
Now suppose We have detected a Cheque which was issued by us but was dishonored by Bank due sign mismatch.
We have debited the party and credited the Bank , So my question is whether we have to reverse the entry as on 31-03 ? If another treatment then please suggest.

Dear Sir,

We are small software development firm. We shipped electronic Items such as set top box, harddisk and projector from usa to pune office for software development. All these items are not for commercial purpose. consignment is stuck in custom and they are asking for MOEF clearance.

Can you please guide us how should get it?
We are pune based so can we get it from pune?

Thanks
Krushna

Professional Journal allowance : An amount of 12,000 per annum is tax-free.

is above statement is correct?

Do any1 know about the GAURAV Jain for SFM classes?
hws he teach?
should i prefer him or nt?

Dear Sir,
I have query regarding tax. if a person, for some technical project went to other country. where he worked as employee of foreign company for 6 month and he paid all tax on his income which he earned during there on the basis of foreign income tax. now shall he liable to pay tax on same income once again if he comes in India?

thanks in advance

Dear experts,
Is there any company in India which gives you an annual increment more than the increase in cost of living.? Please tell me.

Dear Experts,

We have registered our co with ROC by the name Credence (India)Pvt Ltd. But we want the name as Credence India Pvt Ltd.Should we apply for the name change?? OR Does it make any difference that we use India word without brackets in all our public communications?

Thanks

we have a contract with a service provider to provide a vehicle for office staff at monthly fixed amount Rs45000. Does we fall under the ambit of reverse charge

Mr. X has filed his return of Income for the Assessment Year 2011-12.
Mr. X has a Commission Income and received the payment after deduction of TDS.
Master X (DOB 23/06/1995) a minor has also a Commission Income and receive the payment after deduction of TDS.
Mr. X filed return of his Income along with clubbed income of his Son Master X claiming TDS Refundable.
Mr. X got the refund of His part only but he did not get the refund of TDS of Master X.
Now suggest What Mr.X should do to get the TDS refund.

Dear Members

A dealer engaged in fruits trading wishes to know how to account for fibre crates which are used for delivering the products to customers and are taken back empty from them.


Should they be treated as stock in trade or written off to profit and loss?

They can't be taken as FA since it is routing purchase for the said vendor.