hiteshshah
30 September 2013 at 19:02

Investment accounting

Why dividend on share purchased from out side is adjust against cost and not shown in income column?


CA Uday bhan
30 September 2013 at 16:27

Costing

what is backflush costing?



Anonymous
30 September 2013 at 14:54

Prepaid expenses

SIR,

WHAT EFFECT ON PROFIT & LOSS A/C OF PREPAID EXPENSES


Nandesu Dora
30 September 2013 at 10:13

Incorporation exp

hi all, can u please explain why incorporation exp are not allowed under invome tax..


prakash kumar singh
30 September 2013 at 00:04

Proprietorship

can a person be proprietor in two firms?????


Sonia
29 September 2013 at 23:27

Ipcc both grupz

Hw tu prepare for both grup IPCC in 1 mnth


Dipesh
29 September 2013 at 17:07

Revised schedule

If the Amount is not recovered from the trade debtors for a long time say 2 years and the company has not created provision for baddebt for that particular debtor then under which head of Balance sheet(under revised schedule) is that particular debtor posted. (Current Assets or Non Current Assets).
Say the operating cycle of the company is 15 months.


Deepak Sharma
29 September 2013 at 15:45

Tax audit section

Which section of income tax covered societies registered under Society Registration act 1860 of india ?
if the gross receipt of said society is 99 laks, the tax audit is compulsory or not. Please mention.


arif
29 September 2013 at 14:10

Show room renovation

hai sir this arif here i need a help our company has started a new show room,they made some investment for the renovation for this,like fixing for tails sanitory fittings, carpentry paints expenens all they decorated like new.and the they purchase some equipments also like electrical equipments so for this regarding how i want to record all this transactions like a expenditure or a assets under decoration


CA Abhishek Singh
29 September 2013 at 12:16

How much should be provision for tax ??

Hello everyone,

one of my client is a pvt ltd company

Net profit before tax : Rs.937410/-
Tax deducted at source : 156224
provision for tax : ?

there is no difference in book profit and taxable income from business and profession except for provision for tax.

how much amt should be provided in the accounts for income tax(incl. advance tax interest) ?

waiting for the views of the experts.







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