Anonymous
15 May 2012 at 17:17

Partnership firm 1930 /1932

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?

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Anonymous
15 May 2012 at 07:45

Pan card for huf

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

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ABDUL VAJEED
14 May 2012 at 22:25

How get od

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

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Anonymous
14 May 2012 at 12:58

Transactions

AS A BUSINESSMAN IF I DEPOSIT AND WITHDRAW SAME AMOUNT IN BANK AC AGAIN AND AGAIN (ABOUT 15 TIMES IN A MONTH ),PLEASE LET ME KNOW THESE DEPOSIT TRANSACTIONS WILL BE ADD TO MY RECEIPTS IN BUSINESS?










9

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Anonymous
14 May 2012 at 09:39

Depreciation on leasehold land

whether as per income tax act, depreciation is allowable on leasehold land when it is amortized in the books of accounts over the period of lease term.

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Anonymous
13 May 2012 at 19:56

Notice under section 226(3)

Dear Experts,
Here my query is regarding the Notice received under section 226(3)of the Income Tax Act,1961.

ITO has send me a letter mentioning a certail sum with Interest I need to pay.

Please advise what should I do now.

Thanks,
Sumit Rastogi

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Dipak Gulhane
13 May 2012 at 17:13

Expenses for 194 h commision

MY MANY CLIENTS GETS COMMISION UNDER SECTION 194 H...HOW MUCH EXPENSES I CAN CLAIM AGAINST SUCH EARNINGS...?
WHTS D AUDIT LIMIT FOR SUCH COMMISION UNDER 194 H

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Kurmi
13 May 2012 at 00:44

Income tax on sales incentives

Dear all,

My co periodically gives sales incentives or taxable turnover to the customers for achieving sales target. This co makes the payment of all incentives through cheque.They are not adjusting sales incentives against future billing of the same client.So it is concluded there is totally monetary payment for achieving a sales target.My question is ;does it attract any tds liability on the co,since there is whole monetary payment.

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atul mane
12 May 2012 at 12:37

Confusion about section 80 c

please help me out with the information about which i am confused

in relation to salaried person he get rs-100000 deduction under section 80 c

but when he paid amount for health insurance under section 80 d , donation's under section 80 g

is thease deduction is admmissible in extra i mean 80c's 100000+80d 15000+80g 5000

so the total deduction is rs-120000 or he will get only deduction of rs-100000 including thease all

please explain me the concept

Thank you.

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CA SHAH DILEEPKUMAR
11 May 2012 at 19:06

Section 44ad

Share transactions i.e. a person dealing or trading in shares and the income is shown as income from business from such transactions. Is it covered u/s. 44AD. If a person doesn't show 8 % of his turnover of shares, he is required to get accounts audited u/s. 44AB.

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