In my clients books some amount nearly 94Lacs is outstandig from 1999-2000. That was carryforward in Debtors which is o/s from Govt for the project.Last year it received 3 lacs. What treatment should be given to remaining Outstanding amount that amount it will be writeoff from books or it will continue as debtors.My client says it will definitely received but takes some time?and it was a Engineering staff training institute and it also carries Some Research for newly introduced schemes of govt.For that it receives fee!

A pvt.ltd co. dealing in electric goods has a turnover of Rs. 10 lacs only. Hence, No need of tax audit report. My query is whether Form 115JB for the purposes of Book Profit is to be attached with the balance sheet or not as the co. has to pay taxes according to the concept of tax on book profit or tax on balance in p & l a/c whichever is higher.
Further Co. will pay FBT. Then also whether annexure for the FBT is to attached or not.
Please guide what to do.

Hi friends,
pls. let me confirm, is there any amendment in CARO

HI ALL,

PLEASE FURNISH THE FORMAT FOR AS-15 TO BE PRINTED IN PUBLIC LIMITED CO BALANCE SHEET. (.XLS FORMAT WILL BE HELPFUL TO ME)

THANKS

Respected All,

I earned salary and also provide service other than employer.

then which ITR return is applicable for me?

and is efilling manedory for me?

One of my client is a Ltd. O. My question is in CARO

1)Clause No. (xi) ; Company has taken CC from IDBI . Whether it is to be mentioned in this clause as IDBI is a bank and not financial institution.

Is TDS applicable to the Maintenance paid to the Co-Op Hsg Society? If applicable under which section?

In case of money lending/finance business what is the gross receipt whether Interest recived or installment paid by clients or money lent by Money lender for purpose of audit or for purpose of making Rs.40 Lacs.

If the Invoice date is 1.04.08 and the asset is received on 30.04.08 but the same is booked in the accounts on 31.05.08 then from which date we can charge depreciation. (assuming the asset is computer and the date of asset put to use is not known)

Hi! Plz let me know the procedure for conducting concurrent audit of bank in an effective manner.