HOW CAN I SET PROVISION FOR INCOME TAX FIGURE IN PROFIT & LOSS A/C AS WELL AS BALANCE SHEET ?
USING CALCULATOR OF INCOMETAXEFILING WEBSITE WHERE TO INPUT
ASS YEAR = 2013-14,
TAX PAYER : DOMESTIC COMPANY,
NET TAXABLE INCOME: 10066004.00
NOW TAX PAYABLE FIGURE WILL BE POPULATED : 3157980.00 (A)
OR,
BY FOLLOWING CALCULATION
NET PROFIT AS PER PROFIT & LOSS A/C : 10066004.00
ADD: DEPRECIATION AS PER CO. ACT : 12887674.00
LESS: DEPRECIATION AS PER I.T. ACT : 11141853.00
TAXABLE INCOME : 11811831.00
TAX PAYABLE : 3832348.00 (B)
WHICH FIGURE TO TAKE IS IT ‘A’ OR ‘B ‘ ???????? PLEASE GUIDE
ALSO PLEASE LET ME KNOW MARGINAL RELIEF IS APPLICABLE OR NOT IN THIS CASE ?????
BECAUSE I THINK ‘A’ FIGURE IS POPULATED AFTER TAKING MARGINAL RELIEF, PLEASE GUIDE
Hi,
Plz clarify what are the procedures & compliances to be followed with the Service Tax Deptt. in case of Change in Name of a Pvt. Ltd. The change is only of "&". Rest of the name is same.
Definition of additional director and need of him?
my client has deducted tds and also paid on time from salary in 2010-11 of its employees but failed to include that challan in tds return. they came to know abt this when some employees come up with demand notice. my question is hw ths employees will get tds credit as even if my client revise tds return nw their return is already processed at cpc.
dear sir,
our CHA raised bill to us, where he use separate column for reimbursement and taxable services and he charged service tax on taxable amount only ( no separate bill or debit note for reimbursment )
so my query is
tds deduction on which amount
1) gross amount
2) or gross amount less reimbursement
Dear Experts,
As i register myself for professional programme on 11-03-2013 eliglible for any 2 modules in Dec.14,but when i go to fill it by student login on ICSI portal it says your registration has been expired.
So please guide me that what to do for solve this problem also i write a mail to ICSI for the same,but reply awaited.
I have 9 employees in my firm. Additional 3 persons(external - not considered as staff) are helping in marketing area. Currently payment is made to them by cheque. Whether ESI Applicable to them if their payment is below 15000/-. ( Also it is not treated as commission(no TDS is deducted).
Sir, pl guide how partnership is to be disaolved in case of two partners disputed.Partnership is 50:50
I have a urgent query . If anyone can please help me with this .
A person is a MD in ABC pvt ltd co and receiving remuneration of 1.5 lakhs .
He is a director in other XYZ pvt ltd co. Now the XYZ wants to give him the same remuneration of 1.5 lakhs .
Now what is the procedure ? can the director get the remuneration ?
Thanks in advance
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