Expenditure of a financial year accounted for in next financial year would be allowed for deduction in income tax in next financial year or not ?
Case.
Bill date 12 march 12
material received = 12 march 12
accounted for 4 april 12

would it be allowed in FY 12-13 ?

Dear Experts,

As per Budget 2012 there is a new exemption provided for Preventive Health Checkup upto Rs.5000/-.

My query is:-
1. Is it over and above Rs.15000/- u/s 80D or it is within Rs.15000/-?
2. Is there any specific Health Chekups to claim this exemption on all health checkups are covered under this?

Thanks in advance.

Can anyone please clarify at what rate the TDS on Directors's remuneration be applicable?

What are the benefits to create holding subsidiary relationship?
If we want to incorporate three companies then which option will be better from income tax and funds point of view
(i) making holding & subsidiary relationship.
(ii) making independent companies.

I am not filing Salary I.T return for the F.Y 2010-11 and want to file now. What will be the consequnces in both cases if there no rufund & if there is refund. Pls guide.

R/Sir,
Can assesse give the bank a/c details of other person for getting refund of TDS deducted amount

suppose the person doesnot have bank a/c or he have bank a/c which does't have NEFT facility

Dear sir,
I want to file an individual income tax return through online. plz help me how can i make return through online what is that procedure .actually am working as a accountant in one company. plz tel me the procedure.

my e-mail id is
bsk_fun@yahoo.in

WHAT IS DIFF BETWEEN FOLL 2 TERMS?
1.Partnership firm registered under the indial pertnership act ,1930

or
.Partnership firm registered under the indial pertnership act ,1932

is it one & same?
or diff then in which way?

I NEED A FORMAT OF AFFIDAVIT BY KARTA OF HUF DECLARING FATHER'S NAME AND NAME AND ADDRESSES OF MEMBERS OF HUF AS ON THE DATE OF PAN APPLICATION FOR APPLYING PAN IN THE NAME OF HUF

Hi All,

My client is running a business of manufacturing ice ccreams, He has TO of 45L, can he get a OD facility of 10L ?
What a bank will see to sanction the OD ?
Its TO or Current ratio? or Working capital ?

Pls suggest