My company has given its gowdown @ rent and is offering its income under income from house property. hence claiming 30% std. deduction but not claiming deduction u/s 32 of it act for depreciation.

But since it is a co whether it is
required to make provision for depreciation as per co act

Dear Freinds

Please guide me regarding efilling of Tax Audit Report on IT web portal:

1. Whether Annx. to B/S, P&L also need to be upload?

2. In 3CD report, in case of assessee have numerous time of transaction with related party need to be disclosed separately?


Waiting for earliest response...

Thanks

dear sir i have started my company in dec 2012 so i dont have any income for 4 months all i have purchased the materials so thr is no income all the is only expenses to our firm so i dont have any turn over should i have to pay the tax of 8% wen i dont have any profit r sale .........


awaiting for u r reply

Plz advice on following :

Company has purchased a ready to use flat @ pune last year 2011-12, but company has not claimed depreciation on assets neither as per co act or it act in last year 2011-12.

whether company should provide dep as per co act as per the concepts of AS - 6 and not provide dep as per sec 32 of it act (business use funda, since the assesse has not used this assets for business purpose.

Dear sir,
If an audited balancesheet contains fraud, can we restate figures in it and what is the liability of ca when he is not aware of the fraud and conducted test check basis vouching and erformed closing audit....
company is a listed company and balancesheet is already sent to sebi, roc etc

Pvt ltd company is incorated as on 1-4-12 but not started business operations and incured some expenses.The company is liquidating in same financial year .Please tell me Which Disclosures I have to Make While preparing Balance Sheet As Per Schedule VI.

How to prepair a Qualify report,
Problem-->26AS shows tds amt but in the books of account not mention.please sir suggest me.

Clause 9 asks for "whether books of a/cs are prescribes u/s 44AA, if yes, list of books so prescribed"

Acc to sec 44AA, a person carrying on business or profession is reqd to maintain necessary books of a/cs for AO to assess income if certain turnover/income/receipts conditions are met.
Acc to rule 6F, person carrying on certain PROFESSION are reqd to keeps the books mentioned in the list....

Now my question is, in case of business, what would be the condition when we would select Yes for clause 9 in 3CD report...or there would always be a no in case of business, as no list of books has been prescribed for it...

Dear sir,i have registered my properitor firm to comapany as pvt ltd. on jun 2010 for pharma product marketing.unfortunately financial crises i become to found very loss.i have not started work with this company .now i want to starts my work with this company what i have to do.

if a person has turnover below limit say rs.98 lcs and its not mandatory for him to audit his books of accounts..which will be his minimum tax liab. and as a professional what advice we shall give to him

pls answer as early possible