Hi,

While accounting software purchase invoice , i have wrongly use the fixed asset code software acquired instead of Software.

Now i want to reclass this entry with proper effect of depreciation in both the a/cs. Please advcie how to do .

An individual inherited a piece of land after his mother’s death in May 2005. The said land was acquired by his mother in March 1975 for Rs. 35,000/-. Subsequently, the individual transferred the development rights of the land to a builder for a monetary consideration.

Is the said consideration chargeable to tax under LTCG?
If yes, what will be the cost of acquisition?
Whether purchase cost of the land can be taken as cost of acquisition?
Can the individual substitute FMV of the LAND as on 01/04/1981 as the cost of acquisition?

sirs, any one sent me Annual Return for filing of Roc Return which is required to be attached for form 20B.Plz ?My Mail Id is karna.saikian@gmail.com

hello,
I would like to go through all the auditing and accounting standards issued by the institute.If there is any compilation available that could be downloaded,please let me know asap.Thank You.

could you please suggest some of the topics for the IT training project.

Dear Expert(s),
I am the sole proprietor of a regional website. I publish mainly regional information and some advertisements to cover the cost of maintaining the website. I recently registered for service tax under the category of "advertisement" as that is the service that fetches revenue. (The online regional info is free for all.) Is that the right category? The only other relevant category is "online information & database access or retrieval". That is not an exact match since I do not provide database services. Pl. advise.
Thanks,
Usha

Can any one will help me on this

I want to know what are the record should kept ready for VAT audit....

it is situation related to my office, we receive a notice from government, commercial tax department
regarding VAT AUDIT visit...

What are the Steps.....Please let me know..

Thanks and Regards
Epari Sameer Kumar

AS per new TDS circular What will be TDS Rate For Transporter if he quoted his PAN NO. and his income is exceeding than Rs 50000/- P.A. also getting more than Rs 20000/- in a single Cheque in a transaction and from when such changes will be effective.

Mrs X wants to invest Rs. 2 lakhs. What will be the best investment option for her. She is 40 and a working woman (Salaried).

The source of Rs. 2 lakhs is her husband's share in the consideration of sale of house property of their family.(Husbands family)

Please suggest.

Thanks.

An Auditor appointed in a General Meeting, can his remuneration be fixed in Board Meeting?