sir, will you please tell me what is the effective date of issuing abstract?
whether 21 days of issuing abstract of increasing remuneration was start from BM meeting or from where remuneration to be increased?

having completed my c.s inter i took up llb and now i am in final year.came to know that llb+c.s is great but my parents were not happy with me opting llb.i have attempted my c.s finals twice but dint clear any of the subjects.so now my parents say that c.s was enough as they wanted me to earn soon.whether i have to discontinue my c.s and start my career as a lawyer(not interested though) m low on confidence as i have not cleared even in two attempts

Dear All,
One Of Our Client Want To Take Loan From Bank For Business Purpose.
He Want To Know How Much Can He Will Get On The Basis Of His Financial Statements.
Now, My Question Is -
(1)On Which Basis Of Financial Statemets, Commercial Banks Provide Loan To An Applicant i.e. Whether It Is Sales Or Net Profit Or Capital Or Assets ?

(2)I Found After Observing His Last 5 Years Financial Statements That His Turnover Is Increasing Rapidly But Capital Remain Constant i.e Net Profit And Drawings Are almost Same Every Year.
..Will It Has Any Impact On Decision Of Bank While Deciding Loan Amount ?
Thanks and Regards.

Can a real nephew (Real Brother's son) settled in USA gift money to his real uncle( Chacha) by way of remittance through Western Union/ Wire Transfer for the reconstruction/renovation of the family house. Is the money received Tax free or Taxable in income TAx ?If tax free under which section of the income tax Act?

Hi,
I want one clarification, if a student not able to attend GMCS training. Then what he want to do? Any provision are available ?

how to well verse ms excel

Respected sir,
i am a property dealer and my income for year 2012-13 is rs.726625 ang gross receipts is Rs.1127000


Please tell which return form should i file.AM i liable for Audit??

sir
anybody knows about the intimation from ICAI regarding registration for CA Final and can able to explain the procedure for it

A REGD.FIRM. HAVING STOPPED BUSINESS ACTIVITY AND THE ASSET,GIVEN ON RENT,THEREBY INCOME CHARGEABLE UNDER INCOME FROM HOUSE PROPERTY, CAN IT CLAIM DEDUCTION U/S 40(A) & 40(B) FOR INTEREST AND SALARY TO PARTNER.
OR WILL IT BE NECESSARY TO CARRY ON SOME BUSINESS TO CLAIM DEDUCTION U/S 40(A) & 40(B).
OTHERWISE WHAT TO DO TO CLAIM DEDUCTION U/S 40(A) & 40(B) OUT OF RENTAL INCOME ONLY?

A firm sells its property of book value 200000, wdv 10000 for 400000 and buys another property of same value.Capital of two partners 220000/-.How to adjust gains on sale of asset. The wdv shall have no effect as per income tax, but how to adjust in financial statements.Should gains be carried to Capital a/cs and show asset at new purchase value?Please comment.