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Practicing CA

The Company started in February 2012. Upto Mar 12 they had no transactions but Directors Deposited 1 lac as capital. Hence whether Audit & Return for FY 2011-12 is required under Income Tax as well as under Companies Act?
Whether it is necessary to do audit of the Private Limited Company, if it is loss Making for FY 2012-13?
Under Income Tax Act, 1960
Under Companies Act, 1956


ALOK C MISHRA
09 February 2013 at 15:18

Apportionate of cost

one of my client a parternership firm is running its business from one office but they have two parternership firm registered at this office only. so how should i divide the expenses of this two firms.


rohit
09 February 2013 at 15:09

Cop

I HAVE COP SINCE JULY 2012 , BUT I AM NOT DOING PRACTICE
I AM ENGAGED IN EMPLOYMENT SINCE SEPTEMBER ,MY EMPLOYER IS DEDUCTING PF
CAN I SURRENDER MMY COP OR APPLY FOR PART TIME COP?


sudipta das
09 February 2013 at 12:35

Regarding u/s 10(26)

whether audit is required if assessee's turnover exceeds 1 crores but whose whole income is exempted u/s 10(26)?



Anonymous
08 February 2013 at 23:50

First auditor appointment

I own a two employee (both directors) software company. Incorporated 14-June-2012. I failed to appoint auditor in first month. Now i have to appoint it in EGM. Can you please provide the procedure and resolution and meeting minutes for this??



Anonymous
07 February 2013 at 17:08

Providing meals to ee`s

Dear sir/mam,
A company providing meals to their employees at free of cost, What are the tax implications?



Anonymous
07 February 2013 at 16:35

Delcredere commission

Is it TDS deductible on delcrede commission? if yes, how and why it is deductable.



Anonymous
07 February 2013 at 16:27

Bank payments

When we check bank payments, what we have to verify?


Alishetty Harish


how the provisional entries for EMI of loan payable is made at the end of financial year?
Is the entries made for unpaid amount till 31st March or for following month too...i.e, April?



Anonymous
06 February 2013 at 14:18

Income tax

Hello..
i want to know that on
1. Hotel bill received from same hotel during the year more than 75000 without any contract between us...
2. air / train ticket booking by agency ..we reimbursement that expenses more than 75000 during the year..no contract between us..

so in both above case any TDS liability arises in my books..






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