DEAR EXPERT,

CAN A PRIVATE LIMITED COMPANY ADOPT DEPRECIATION POLICY AS PER RATES PRESCRIBED IN INCOME TAX ACT.
OR BOUND TO FOLLOW RATES AS PRESCRIBED UNDER SCHEDULE

i am joining job on 11th of septmeber 2013, so i want to surrender my COP.

I want to know should i have to surrender my cop on or before 11th septmeber or can i surrender it after 11th septmeber upto which date?

Director has purchased a motor car in his own name & the same is used for companies business purpose.Can the company claim Depreciation & the relevant day-to-day expenses like Diesel,Repairs & Maintenance under the companies books of accounts.

Pls reply as soon as possible

I have made application for availing licence under sec 25 and attached all the required documents.whether the all documents are required to be submit to ROC manually.

to day i tried to upload tax audit report with depreciation on upload with all necessary requirements at upload time after clicking submit button on screen following appeared

XML SCHEMA INVALID PLEASE USE CORRECT SCHEMA

AT LINE NUMBER 114 VALUE OF FURNITURE AND FITTINGS OF ELEMENTS DESCRIPTION BLOCK ASSET INVALID

PLEASE GUIDE ME AS LAST DATE IS APPROCHING

PLEASE GUIDE ME ON THE FOLLOWING ISSUE:
A PROPRIETORSHIP FIRM OR A PARTNERSHIP FIRM NOT HAVING TURNOVER ABOVE 1CRORE BUT IN CURRENT YEARS P/L ACCOUNT SHOWS LOSS OF RS. 4 LAKHS .
BOTH FIRMS WERE COVERED UNDER AUDIT IN ACCOUNTING YEAR 2011-12.
WHETHER AUDIT OF THE ACCOUNTS OF CURRENT YEAR IS COMPULSORY FOR THEM OR NOT.

I am to appear in cs professional exam in dec,2013 two modules.
The online form requires to fill detail about SIP(student induction programme) the options are yes; no; undergoing.
But i have not undergone SIp I cleared my executive programme in Jun2012 and I have been registered since 2007.
I have got new registration nos in 2012.

what should i fill in yes; no ; undergoing.
Am I eligible for appearing without undergoing SIP. ??

Sir,

Our company has been incorporated on 30 Aug 2013 and all the ROC filing regarding incorporation has been done on 23 August 2013 what should be the entry if payment is made by a director and on which date it should be recorded 30th August or 23 August

Procedure for filing revise return for AY 11-12. Assessee is individual..and original return was filled within due date.

dear experts
Mr. A long term capital gain on sale of shares is Rs. 70,00,000

Mr. A purchased one residential plot before 5 months from the date of sale of shares.
after sale of shares he started construction on that plot..

please tell can Mr. A avail Exemption u/s 54F in that case.??

further Mr. A purchased 2 other plots in his name..
if he construct another residential house in next year, what will happen?