Please let me know which are the best books for CA Final Auditing,MICS and Accounting standards

Please let me know which are the best books for CA Final Auditing,MICS and Accounting standards

Dear All Experts

I need your valuable suggestion in the following matter.

Ours is the Ceramic Tiles & Sanitaryware Industry. Tiles are cleared under MRP Valuation (Sec 4A) and Sanitaryware is cleared under Sec 4. (advolerm)

Further for promoting of our Tiles Sales we want to give sanitaryware items as a free gift alongwith Tiles to our customers.

My query is whether the duty is payable on the clearance of Sanitaryware items which are cleared alongwith Tiles as a free gift. If yes, what is the procedure for valuation.

Thanks in advance.

Pls refer me some good books for PCC- Cost Ac & Financial Mgt. & Info. technology.. please reply soon....... thanks

Can anyone send me checklist for Compliance as per Companies Act on canehagupta1@gmail.com

Dear Friends,

I want one clarification about first Balance sheet of company, We started One company 2 years back and still we are not done even one transaction so that still we are not submited Balance Sheet, Here my question is now what we should do for delay in submit the Balance Sheet.

An ancestral land of cost around Rs.1 lacs on 01/04/1981 (as per valuation) given to Mr.A (builder) for building an Apartment in 2005, and instead of Land Mr.A has agreed to give me 11 Flats out of total 22 Flats on that apartment, which is handed over to me in 2009. we are 3 brothers. How the Capital gain will be calculated on Land?will the cost of Flats to the Builder will be consideration for CG??plz confirm.

tds on contractor was deductible coz the bill amt was greater than 20000 but the next bill during the whole year was of 5000 only so is tds deductible on 5000 as 50000 limit is not crossed during the whole year

Dear Friends,

My company is registered under service tax act as service recepient for transport of goods by road.

During the year our company has imported some machinery from Italy and paid a sum of Rs. 20 lacs as technical fee for installation of machinery in India by Italian Engineer and deposit the service tax on that amount.

My query is whether my company required to get a separate registration number for technical fee paid to non-resident.

Secondly if No separate registration is required than how I can show the technical fee paid amount in my service tax return.

thanks in advance

kamal kukreti

Pallavan Transport Consultancy Services ltd., (PTCS) the nodal agency, on behalf of the State Transport Undertakings (STUs) fixed an operating agency for display of movies in buses through Build, Own, Operate and Maintain (BOOM) method through open tender. The rate for display of movies is fixed as Rs.262/- per bus per day. This is inclusive of all taxes and levies. An agreement with the operating agency is signed by the individual STU.

PTCS is deducting 5% service charges and the service tax on the service charges from the amount payable to the STUs.

Under the above circumstances the following queries may be answered?

1. Who is the service provider and the service receiver?
2. Who is liable for the recovery and remittance of service tax?
3. Whether service tax is to be recovered from the total amount payable by the operating agency?
4. Whether recovery of service tax by PTCS on the service charges @5% deducted from the amount payable by the operating agency is correct?
5. Whether TDS has to be recovered on the amount payable by the operating agency?
6. Whether TDS has to be recovered on the amount of service charges payable to PTCS?