CA CS CWA CFA MBA NOTES

Page no : 9

Rahul Bansal (Finalist) (35929 Points)
Replied 18 July 2010

THANKS CA SURENDRA KUMAR RAKHECHA SIR

TO MOTIVATE US

AT EVERY MOMENT WE NEED U.

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Rahul Bansal (Finalist) (35929 Points)
Replied 19 July 2010

Rahul Bansal's Files
Displaying Files 1-15 of 48 in 4 pages
RESULTS AT A GLANCE THE FILE SHOWS THE RESULTS OF PASSING STUDENTS IN CA EXAMS (in % ). ... Category: Students \| 1449 downloads \| by Rahul Bansal	13 KB
CPT DEC. 2010 CPT DECEMBER 2010... Category: Students \| 540 downloads \| by Rahul Bansal	46 KB
CS JUNE 2010 EXAMINATION LATEST INFORMATION REGARDING CS JUNE 2010 EXAMINATION... Category: Students \| 649 downloads \| by Rahul Bansal	21 KB
IFRS LATEST FILE ON IFRS... Category: Accounts \| 526 downloads \| by Rahul Bansal	1674 KB
THE COMPANY SECRETARIES ( AMENDMENT ) BILL, 2010 INTRODUCED IN THE RAJYA SABHA ON 28TH APRIL, 2010 Bill No. XXVII of 2010 THE COMPANY SECRETARIES ( AMENDMENT ) BILL, 2010 A BILL further to amend the Company Secretaries Act, 1980. ... Category: Career \| 195 downloads \| by Rahul Bansal	33 KB
REFERENCER ON SECRETARIAL AUDIT Ministry of Corporate Affairs, Government of India has released CORPORATE GOVERNANCE VOLUNTARY GUIDELINES 2009. The preamble to Guidelines states that â€œThese guidelines provide for a set of good practices which may be voluntarily adopted by the Public companies. Private companies, particularly the bigger ones, may also like to adopt these guidelines.â€�... Category: Corporate Law \| 92 downloads \| by Rahul Bansal	74 KB
INDIRA GANDHI NATIONAL OPEN UNIVERSITY Invites Applications for the registration of the following Programmes exclusively for ICSI Students and Members... Category: Career \| 84 downloads \| by Rahul Bansal	30 KB
LLB FORM LATEST LLB FORM... Category: Students \| 230 downloads \| by Rahul Bansal	61 KB
IPCC AMENDMENTS ONLY THESE ARE AMENDMENTS APPLICABLE FOR IPCC STUDENTS ONLY FOR MAY 2010 EXAMS.... Category: Exams \| 398 downloads \| by Rahul Bansal	240 KB
PCC TAX AMENDMENTS FOR PCC TAX APPLICABLE IN MAY 2010 EXAMS... Category: Exams \| 636 downloads \| by Rahul Bansal	246 KB
COST ACCOUNTANT AIIMS invites offers for preparation of Manual on Financial Management of AIIMS. Last Date for Practising Cost Accountants is 8.4.2010... Category: Students \| 349 downloads \| by Rahul Bansal	38 KB
CAS APPLICABILITY Mandatory application of Cost Accounting Standards, w.e.f. 1st April 2010.... Category: Students \| 166 downloads \| by Rahul Bansal	29 KB
CAMPUS PLACEMENT CWA Campus Placement... Category: Students \| 406 downloads \| by Rahul Bansal	805 KB
WEALTH TAX PART 2 PART 2 WEALTH TAX... Category: Students \| 562 downloads \| by Rahul Bansal	358 KB
WEALTH TAX WEALTH TAX... Category: Students \| 698 downloads \| by Rahul Bansal	60 KB

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 20 July 2010

Summary of AS.

Attached File : 7 49 summary of as.doc downloaded: 152 times

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 20 July 2010

Thanks to all CCI members

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Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 20 July 2010

Format of AGREEMENT ADMITTING MINOR TO THE BENEFITS OF PARTNERSHIP

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 20 July 2010

Revised fee scales

RECOMMENDED MINIMUM SCALE OF FEES FOR VARIOUS KIND OF ASSIGNMENTS

I) DEEDS/ AGREEMENTS	Rate

(a) i) Partnership Deed	Rs.6,000/- & Above

ii) Partnership Deed
(With consultation & Tax Planning)	Rs.10,000/- & Above

(b) Filing of Form with ROF	Rs. 2,500/- Per Form


(c) Supplementary Partnership Deed	Rs. 2,500/- & Above

(d) Modification in the Deed	Rs. 2,500/- & Above

(e) Leave & Licence Agreement
i) Drafting	Rs. 5,000/- & Above
ii) Registration& Modification	Rs. 2,500/- & Above
(f) Gift Deed:
i) for Movable Properties	Rs. 5,000/- & Above
ii) for Immovable Properties	Rs. 15,000/- & Above

(g) Trust Declaration Deed	Rs. 10,000/- & Above

(h) Drafting of Will:	English
i) Simple	Rs. 10,000/- & Above
ii) With Trust Planning	Rs. 15,000/- & Above

(i) Agreement to Sell
i) Agreement to Sell, Society formalities & related Documents	Rs. 20,000/- & Above
ii) Only Agreement to Sell	Rs. 10,000/- & Above

(j) Documentation
i) Power of Attorney: Specific	Rs.7,500/- & Above
ii) Power of Attorney: General	Rs.7,500/- & Above
iii) Indemnity Bond- Affidavit	Rs.5,000/- & Above
iv) HUF- Partition Deed	Rs.10,000/- & Above



II) INCOME TAX WORKS

A. Filing of Return of Income
I) For Individuals / HUFs etc.

(a) Filing of Return of Income
With Salary/Other Sources/Share of Profit.	Rs. 3,000/- & Above

(b) Filing of Return of Income
With detailed Capital Gain working
i) Less than 10 Transactions	Rs. 5,000/- & Above
ii) More than 10 Transactions	Rs. 8,000/- & Above

(c) Filing of Return of Income
With Preparation of Bank Summary, Capital A/c and Balance Sheet	Rs. 5,000/- & Above

(d) Advance Tax Calculation	Rs. 2,000/- Per installment


II) (a) Partnership Firms/Sole Proprietor
with verification of:
1) Method of Accounting	}
2) Stock Valuation	} Rs.5,000/- Per Verification
3) G. P. Ratio	}
4) Expense Ratios etc.	}

(b) Small Proprietorship/ Partnership	Rs. 5,000/- Per Verification

( c) Minor's I. T. Statement	Rs. 3,000/- & Above

(d) Private Ltd. Company:
i) Active	Rs. 7,500/- & Above
ii) Defunct	Rs. 5,000/- & Above

(e) Public Ltd. Company	Rs. 20,000/- & Above

B. Filing of Forms etc.

(a) Filing of TDS/TCS Return (per Form)	(Quarterly Fees)
i) With 5 or less Entries	Rs.2,000/- & Above
ii) With more than 5 Entries	Rs.3,000/- & Above

(b) Filing Form No. 15-H /G(per Set)	Rs. 1,000/- & Above

( c) PAN/TAN Application	Rs. 1,500/- & Above

C. Certificate
(a) Other Certificates (Like Lower TDS Certificate, 115JB)	Rs. 5,000/- & Above


D. Filing of Appeal etc.

(a) First Appeal.
Preparation of Statement of Facts, Grounds of Appeal, Etc.	Rs. 10,000/- & Above

(b) Second Appeal (Tribunal)	Rs. 15,000/- & Above

E. FBT	Rs.3,000/- & Above per quarter including return

F. Defered Tax Calculation	Rs. 5,000/- & Above


NOTE:
When Matters are referred to Counsel personal time will be billed seperately

G. Assessments etc.

(a) Attending Scrutiny Assessment/ Appeal	Rs. 3,000/- Per Visit subject to minimum Rs.5,000/-

(b) Attending Summons	Rs. 3,000/- Per Visit

( c) Drafting and Attending for Rectifications/ Refunds/ Appeal effects Etc.	Rs. 3,000/- Per Visit subject to minimum Rs.3,000/-

(d) I. T. Survey	Rs. 50,000/-

(e) T.D.S. Survey	Rs.20,000/-

(f) I.T. Search & Seizure	Discretionary

III) CHARITABLE TRUSTS

(a) (i) Registration Under local Act	Rs. 10,000/- & Above
(ii) Societies Registration Act	Rs. 10,000/- & Above

(b) Registration Under Income Tax Act.	Rs. 15,000/- & Above

(c) Exemption Certificate U/s. 80G of I. T. Act.	Rs. 15,000/- & Above

(d) Filing Objection Memo	Rs. 2,000/- & Above

(e) Filing of Change Report	Rs. 2,000/- & Above

(f) Filing of Various Forms	Rs. 2,000/- Per Form

IV) COMPANY WORK

(a) Filing Application for Name Approval	Rs. 5,000/- & Above

(b) Incorporation of a Private Limited Company	Rs. 20,000/- & Above

( c) Incorporation of a Public Limited Company	Rs. 25,000/- & Above

(d)(i) Company's ROC Work, Preparation of Minutes,
Statutory Register & Other Secretarial Work	Rs. 3,000 Per Quarter

(ii) Assisting in Other Certificate	Rs. 3,000/- & Above

(e) Filing Annual Return Etc.	Rs. 5,000/- & Above

(f) Filing Other Forms Like: F-32, 18, 2	Rs. 1,500/- & Above

(g) Increase in Authourised Capital
Filing F-5, F-23, including preparation of Slips
Pages for Memorandum of Association/ Article of Association.	Rs. 5,000/- & Above


V) V.A.T./ PROFESSION TAX:

A. Registration Work

(a) Registration Under V.A.T. & C.S.T.	Rs. 10,000/- & Above

( b) Profession Tax Registration (PTR)	Rs. 1,500/- & Above

(c) Profession Tax Enrolment (per application)	Rs. 1,500/- & Above

B. Filing of Return (V.A.T.)
(a) Monthly Challans with Annual Return	Rs. 1,500/- + (Per Month)

(b) Quarterly Challans with Annual Return	Rs.1,500/- + (Per Quarter)

( c) Six Monthly Challans with Annual Return	Rs. 3,000 + (Per 6 Months)

C. Assessments/ Appeals.

(a) Attending Sales Tax Assessments	Rs. 3,000/- (Per Visit)

(b) Attending Sales Tax Appeals	Rs. 5,000/- (per visit)

D. Filing of Appeals.

(a) First Appeal (AC/DC)	Rs. 10,000/- & Above

(b) Second Appeal	Rs. 15,000/- & Above

E. Miscellaneous Work.

(a) P.T. Returns & Assessment	Rs. 3,000/- & Above

(b) Obtaining C/F/H Forms under S.T.	(Per Application)
(i) First Time	Rs. 4,000/- & Above
(ii) Renewal	Rs. 2,000/- & Above


VI) AUDIT WORKS and OTHER ASSINGMENTS
will be on the basis of time devoted and will be Billed accordingly.

(On Time Basis)
(a) Statutory Audit, Tax Audit, Internal Audit, Accountancy
and Secretarial Work:
(i) Principal	Rs.900/- to 1,800/- Per hour
(ii) Qualified Assistants	Rs.450/- to 900/- Per hour
(iii) Semi Qualified/Other Assistants	Rs.150/- to 300/- Per hour

(b) Taxation Work:
(I) Principal	Rs.1,500/- to 3,000 per hour
(ii) Qualified Assistants	Rs.750/- to 1,500/- per hour
(iii) Semi Qualified/Other Assistants	Rs.300/- to Rs.600/- per hour

Subject to minimum indicative Fees as under:
(i) Tax Audit	Rs. 10,000/- & Above
(iii) Company Audit
(a) Small/ Inactive Pvt. Ltd. Co.	Rs. 5,000/- & Above
(b) Medium Size Pvt. Ltd. Co.	Rs. 10,000/- & Above
( c) Large Size Pvt. Ltd. Co./ Public Ltd. Co.	Discretionary
(iv) V.A.T. Audit	Rs. 10,000/- & Above
(v) Review Of TDS Compliance	Rs. 3,000/- per quarter

(vi) FBT: Compilation & Tax Payment Calculation	Rs. 3,000/- & Above Per Quarter
(viii) FBT Yearly Return	Rs. 5,000/- & Above
(ix) Transfer Pricing Audit	Rs. 50,000/- & Above

VII) INVESTIGATION, MANAGEMENT SERVICES OR SPECIAL ASSIGNMENTS

(a) Principal	Rs. 2,250/- to 4,500/- per hour
(b) Qualified Assistant	Rs.1,125/- to 2,250/- per hour
( c) Semi-Qualified/Other Assistants	Rs.375/- to 750/- per hour

Giving expert evidence in courts of law in the Union of India according to professional standing of the witness	Rs. 7500 to Rs. 15000 for each day or part thereof, spent in attendance and/or travelling

VIII) CERTIFICATION WORK

(a) Routine Certificates : For LIC/ Passports/ Credit Cards/ Etc.	Rs. 500/- & Above per certificate

IX) WEALTH TAX

(a) Per Statement	Rs. 3,000/- & Above
(b) Statement & Filing Return	Rs. 3,000/- & Above

X) NBFC/ RBI MATTERS

(a) NBFC Registration with RBI	Rs. 1,00,000/- & Above
(b) Other Returns	Rs. 10,000/- & Above

XI) SERVICE TAX

(a) Registration	Rs. 5,000/- & Above
( b) Per Challan with Half Yearly Return	Rs. 6,000/- & Above
(c ) Income Tax Clearance Certificates	Rs.5,000/- & Above.
(d) Assessment	Rs. 10,000/- & Above

XII) FEMA MATTERS

1. Filing Declaration with RBI in relation to transaction by NRIs/ OCBs	Rs. 15,000/- & Above
(Form DIN/IPI 7 Etc.)

2. Obtaining Prior Permissions from RBI for transaction with NRIs/ OCBs
(Form ISD/ ISD( R) Etc.	Rs. 25,000/- & Above

3. Technical Collaboration:
Advising, obtaining RBI permission, drafting and preparing technical
collaboration agreement and incidental matters.	Rs. 1,25,000/- & Above

4. Foreign Collaboration:
Advising, obtaining RBI permission, drafting and preparing technical
collaboration agreement and incidental matters(incl. Shareholders Agreement)	Rs. 1,50,000/- & Above

5. Advising on Non Resident Taxation Matters
including Double Tax Avoidance Agreements
including FEMA	Discretionary

6. Issuing Certificates for Deduction of Tax
in respect of payments to Non-Residents including necessary consultations.	Rs. 5,000/- & Above

7. Obtaining IEC Code No.	Rs. 10,000/-

8. Licences for export	Rs. 10,000/- for each licence

9. Project Report/Feasibility Report	Discretionary

10. Preparation of bank loan certificate, CMA	Rs. 10,000/-


( which is in addition to the council decision on revision of recommended scale of fee chargable for the work done by the members of the Institute).

Rahul Bansal (Finalist) (35929 Points)
Replied 21 July 2010

thanks for gestures:

SUJOY GANGULY, shalini, Rahul Gupta, קr @ √€€ภ kน๓คг, shalini, , Rajendra Jaiswal, Balaji, Prasad R, Anand,

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 21 July 2010

Quick revision on AASs i.e SAs

Kalpesh Chauhan

PE-II - 1st grp- 2 papers remaining [edit]
[edit photo]
[ Scorecard : 2625]

Posted On 21 July 2010 at 15:27

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Quick revision on AASs i.e SAs

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Attached File : 12_42_standards_on_auditing.pdf downloaded 3 times

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 22 July 2010

income tax sections

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Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 22 July 2010

Revision Material for IPCC/PCC Audit.

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 22 July 2010

GST from April 2011; Tax Rates fixed at 12%, 16% &a 20%

Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8311 Points)
Replied 22 July 2010

Company audit - a brief presentation

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Sids (ARTICLESHIP) (181 Points)
Replied 22 July 2010

Originally posted by : CA SURENDRA KUMAR RAKHECHA
	SOME MEMBERS ARE/WERE WORRYING ABOUT THE QUALITY OF THE SITE. I AM EXTREMELY HAPPY TO SEE THE CONTENTS OF THIS THREAD. I HOPE ALL WILL AGREE WITH MY VIEWS ( IN ADDITION TO THOSE WHO HAVE ALREADY EXPRESSED THEIR VIEWS). THIS SINGLE THREAD IS ENOUGH TO SAY ABOUT THE QUALITY OF CACLUBINDIA. THIS THREAD IS VERY HELPFUL TO ALL SPECIALLY FOR THOSE STUDENTS PURSUING THE PROFESSIONAL COURSES FROM REMOTE AREAS (WHERE BOOKS AND RELEVANT UPDATED NOTES ARE NOT AVAILABLE EASILY). MY DEAR RAHUL; YOU HAVE PROVED MY WORDS BEFORE THE PUBLIC. AT ONE PLACE I WROTE : WHAT OTHER 1,00,000 MEMBERS CAN'T DO THE WORK; YOU ALONE CAN DO THAT. THANKS KALPESH ALSO. (NO NEED TO THANK TO RAHUL). JAI HO !