Anonymous
20 September 2013 at 15:18

Cash payment

how accounting would be done for duplicate notes found in cash box......



Anonymous
20 September 2013 at 12:03

3cb-3cd

Sir,
In form 3CB-3CD,in depreciation section, instead of "Furniture @10%", have selected "Building Construction @7.84%" and uploaded it too. Though the amounts are entered correctly, description of the asset is wrong. Will that be a problem? If yes, how can I rectify it?



Anonymous
20 September 2013 at 11:12

Tds on provision for expenses

sir
I(trust) making a provision for expenses like audit fee and professional expenses. while making expense entry TDS to be deducted or not?


CA. Prashant Shroff

if a trust is registered undet 12A audit report has to be furnished in form 10B. but if it runs a college whose gross receipts exceeds 1 cr. shall tax audit report under 44AB in form 3CB 3 CD should also b furnished?


K.P.RAMESHKUMAR
19 September 2013 at 19:48

Goodwill

The existing Proprietor concern(More Than 10 Years)now converted to firm,how to calculate the goodwill.





Krishanu Majumder
19 September 2013 at 18:18

Tax audit

A partnership business having turn over 10 lakh. The firm has "No profit no loss". Should this firm go for tax audit as it has below 8% profit? But as per act, tax audit is not applicable where firm does not qualify exempted income. So, no profit no loss is a case where no profit is there. What to do?


REEMA
19 September 2013 at 13:40

Form 3cd

POINT NO.-18 OF FORM 3CD-I WANT TO ASK WHAT WE NEED TO MENTION IN THIS POINT IF PAYMENT IS made TO SPECIFIED PERSON UNDER SEC-40a(2)(b)or excessively paid to person specified under same same section and secondly what abt specifically for interest and commission paid to partners of a a firm.


srinivas.t

For Assessment year 13-14, an assessees whose total income exceeds Rs. 25.00 lakhs, will have to furnish details of any property held by him and corresponding liability (other than those not disclosed in balance sheet filled in Part A of the return. assessee having total income less than 25 lakhs but profit share from firm is above 25 lakhs, in this case assessees produce schedule Assets and Liabilities or not....?


manoj jain
18 September 2013 at 22:20

Tax audit report for online

I want to know that I hv not attached annexures of bs at the time of uploading TAR.only I hv attached bs and pl. will any problem in future. can I revise it nd last date for revision. pls help nd tell me urgent...


Rajashekar Reddy
18 September 2013 at 20:28

Audit of school/colleges ?

A school/college is registered under societies act, what are the tax implications and is audit compulsory every year?
In what form audit report should be given ?






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