Respected All
Suppose A Co. has Profit before Tax-Rs.750000/- & Brought forward losses of Rs.2308323 & Unabsorbed depreciation of Rs4004339.
As per my calculation Co is liable to pay tax as per MAT Rs.142913/- (750000*18.5%+3%)
My question is whether company should make provision for tax Rs.142913 & Mat credit with the same amount?
(i.e. How to show in P/L and Balance Sheet)

Thanking You

Respected Sir/Ma'am, What will be the Journal entry for the following narration. Received a cheque of Rs.2000 from a Debtor. Kindly provide a solution.

how preparing the ca cpt December attempt

pls help urgent

I am in 1st year of Articleship And I Want transfer from My Current firm But my Boss Didnt Give me transferAccording to him reason is that 'he told me at the time of interview that i dont give transfer'. So now Suggest me solution about how to get transfer.

is termination in second year of articleship on the basis of "misconduct and moral turpitute" be in same city is considered by icai or not?

i have registered for ipcc on 26th feb 2013 after that i have attempted for 3 times for the exam and failed
when can i revalidate my ipcc registration
i want to write ipcc exam in may 2017

Hi,

Please help me clear some confusion about from 109 and its late submission.
I got form 109 signed on 29-Sept-2016 with date of termination 15-Aug-2016, so i do need to pay Rs. 100 fine ?
As from the date of sign i still have 30 days.
Along with fine (if payable) if any other formalities are required, please mention.

Hello Sir
My client is a tutor and running a tution centre at his home. My question is that
1. whether to maintain receipt book for filling return?
2. Can he file return u/s 44AD?
3. What are the documents to be kept for the tution centre for the purpose of income tax?

Pl guide and confirm.
Regards

Hi everyone I a Ipcc student appearing in. Nov 16This is my 2nd attempt I have not completed my Group -2 Just 45 portion is completed Please help What should I do