Respected sir,
The assessee is a proprietor having business balance sheet comprising of Fixed Assets-Rs.50 lacs and current assets of Rs.50 lacs. The Capital is of Rs.20 lacs,Secured loan against Fixed assets is of Rs.20 lacs and Unsecured loans is of Rs.60 lacs.
My query is whether the assessee is eligible to take the deduction of Unsecured loans as a debt of Rs.10 lacs(60 lacs less 50 lacs of Current assets)while computing his net wealth?

Hi,
Pls help me. how to registered a partnership firm having 3 partners.

CAN SOME ONE PLEASE TELL ME Objectives for a business of consultancy in the field of energy and engineering to add in my MOA??
pleeeeeeeaaaaaassseeeeeeee

dear Sir
I have filled Last ITR-V for AY 2008-09, after that, i have not filled any returns.but now i want to file my all returns, but i forget my password, nd secret Query also.
so giv suggestion for login successfully...
my email-rkmishra_9380@rocketmail.com

I registered my ipcc 08/2010. now shall I revalidate for tat.

i'm weak in maths..can i score good marks in costing(ipcc).plzz suggest me some tricks how to handle costing for good marks..thanks and regards in advance for your valuable suggestions

i need guidance from experts about how to deal with my studies in the next 3 months ....i will be giving ipcc group 1 in may 14...... i have no problem in accounts and law and fm .... please tell me how should i do costing and tax .....i just don't want to pass but i want to perform really well in exams.... please tell me about the books as well.....
thanks....

I am a CA final student. My articleship started on 7th June 2011. My exam is due in May 14. By what tym I need to complete my GMCS? Is there any time limit for it? I searched the institute site for it but the new GMCS 1 and 2 rule is confusing me.

caclubindia helped me a lot in preparing december 2013 attempt so i decided to start my contribution n i opened a group but i dont know how to attach files for various subjects of cpt....
can anyone tell me how to attach in my group?

thank you,
charan kuna.

we the people of India that is Bharat, proud? the efforts of ICA creating such a unique and highly intellectual professionals who by their hard work save the nation's economy from the unrealistic, undeserved, conventionally denied the share of poor Bharatiya because conventional rules allow the accountants to save the money of their clients as much as possible, is it healthy for the nation in true spirit ? or there should be such a strict laws to punish for the same? the people whose share denied indirectly do not contribute in any way in property of such clients? or the convention should run in future unbroken ?