CCI Online Coaching    |    x

income and expenditure account format


President of India to Inaugurate 28th Accountants General Conference in National Capital

President of India Shri Pranab Mukherjee will inaugurate the 28th Accountants General Conference being organized by the Comptroller and Auditor General of India here on 20th October 2016 Lok Sabha Speaker Ms Sumitra Mahajan Public Accounts Committee Chairman Prof K V Thomas and CAG of India Shri Sha

Due date for filing IT return extended in Jammu & Kashmir

F No 225 195 2016 ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block ITA II Division New Delhi 18thOctober 2016 Order under Section 119 of the Income tax Act 1961 In order to mitigate the difficulties being faced by the taxpayers in the Sta

Misleading marketing of ICAI course by private colleges

All concerned stakeholders and general public are advised not to be swayed by the misleading advertisements information by some of the colleges educational institutions private organizations institutions which are representing themselves as college of finance accountancy offering admission for chart

Powers of ICSI WIRC suspended

The Council in its 238th adjourned meeting held on Saturday the 17th September 2016 noted various serious and grave financial and other irregularities and non compliances committed at WIRC including non approval of annual accounts and non holding of annual general meeting Keeping in view the best in

Hosting of exemption in CA exam paper

Hosting of exemption s in a paper granted in Intermediate and Final examinations valid for November 2016 Exemption s in a paper s are granted to candidates of Intermediate and Final examinations in terms of Regulation 37C 8 and Regulation 38C 6 respectively of the Chartered Accountants Regulations 1

More News

Experts Opinions

Income deceleration scheme

Is it compulsory to pay online tax under income deceleration scheme As tax is paid manually and error is displayed as tax payment dose not match with OLTAS database

Income tax return filing for pvt ltd co.

If any Pvt Ltd co is not falls in Income tax Tax Audit under section 44ab during AY 2016 17 and it has carry forward business loss from AY 2015 16 In such condition what will be the due date for filing of Income tax return for AY 2016 17 to get carry forward loss

Shall we file revised return where the accounts are audited

we have filed our I T Returns which are audited case u s 44AB While verifying the online return we found there are mistakes in the return Shall we rectify and file revised return and audit report thanks in advance K B NAGESHA RAO 9448826793

Income tax on shares issued at premium by a pvt ltd company

Dear Sir Maam Can a Pvt Ltd Company issue its shares at Premium to Its directors if yes Whether the Premium amount will be taxable under Income tax act 1956 Thanks and Regards Rupinder Singh

Tax on income from fishing

How to calculate tax on income from fishing Please help me


Forensic accounting

What is meant byAmortizing Costs Too Slowly and example of any company doing this now

E-commerce and accounting

How is accounts maintained in ecommerce websites accounting rules followed

Clubbing income under income tax act.

Mother gifted his plot to his major son on Dt 01 10 2016 Immediately on 05 10 2016 son sold the same property Now the capital gain tax is payable by son or mother kindly clarity

Prove that interest expenditure was attributable to business

Im an individual that earns income from business and other sources mutual funds shares etc I had a loan for a year for business purpose and I repaid it with interest In the same year I also made investments in funds which yielded dividend interest income which was exempt from tax Now tax man wants m

Accounting detail

if it is property developers and they let it for rent what would be the situation should Flatsconsidered as stock or fixed asset

More Messages

File Download

More Files


Maintenance of Books of Accounts and their Worship on the eve of Diwali

Arjuna Fictional Character Krishna the festival of Diwali has arrived Housewives Gruhlaxmi are busy in cleaning and decorating homes Businessmen are also busy in the market Accordingly please explain what should be done of old records of Books of accounts underMVATand Income Tax Act so that cleaning

Fixed asset Accounting under IFRS

Fixed asset Accounting under IFRS Fixed assets can be classified basically in to two categories i e tangible intangible Under IFRS IAS 16 Property Plant Equipment deals with tangible fixed asset except the assets held for capital appreciation In case asset held for capital appreciation that assets h

Transition Phase: Indian GAAP to Indian Accounting Standards (Ind AS) and related practical issues

As the title itself suggests our point of discussion will be revolving around the first time adoption of Indian Accounting Standards practical aspects major impact areas and approach for implementation After a number of years of deferment the Ministry of Corporate Affairs finally notified thirty nin

Impact of GST on Income Tax Act 1961

Introduction GST is pegged to be one of the biggest game changers for Indian economy making India one unified common market The April 1 2017 rollout deadline for the new indirect tax regime looks tough but not impossible and both the states and Centre are ready in terms of preparedness It will subsu

Highlights of Draft GST Rules & Formats which got approved by the GST Council

The Government is not leaving any stone unturned to roll out the much awaited indirect tax reform from April 1 2017 In less than a week after the first meeting of the GST Council on September 22 23 2016 the Central Board of Excise and Customs CBEC on September 26 2016 has unveiled the Draft Rules an

More Articles

Updated on : 10/22/2016 9:27:11 PM


CCI Jobs

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x