Can a Private limited Company prepare its accounts on Cash Basis

CAN YOU TELL ME WHETHER INTEREST DUE OR PAID ON HOME LOAN IS ALLOWED AS DEDUCTION U/S 24 IN IT ACT? HOW TO REPRESENT IT IN CAPITAL A/C OF ASSESSEE?

Helllooo everyone,

Someone please tell me the logic behind deduting TDS on amt including service tax.

Thanks & Regards

Dear sir

I have to ask 2 questions:

what is tax audit

1.If a professional turnover is 500000/5000000.Is presumptive tax is calculated or not?

2.Is there is necessary to maintain book of account for above professional

Hi all
We are construction contractors who takes construction contracts from builders to construct buildings.It can be with/without material. In same way, we also give some work to sub contractors on only service basis .How is service tax and VAT to be dealt with. And what would be rate of service tax chargeable on with or w/o material contracts

Thanks and Regards

WE HAVE RECEIVED NOTICE U/S 139(9)OF A.Yr. 2012-13 AS WE HAVE SUBMITTED PAYABLE RETURN AND SUBSEQUENTLY DEPOSITED THE SAME , NOW WE WANT FILE RECTIFIED RETURN U/s 139(9) SO KINDLY SOMEONE GUIDE ME THE PROCEDURE FOR THE SAME AS WE ARE UNABLE TO SUCCESSFULLY UPLOAD THE SAME.

My pension income included with other incomes and after allowing admissible deductions work out to more than Rs.5-lacs but before deduction of Rs 2.5 lacs(Sr.Citizen-Male).Do I need to file e-rtn necessarily.Till AY 2012-13 I have filed my RTN manually.


Kindly guide.

DEAR EXPERTS,
I OBTAINED MEMBERSHIP IN SEP 2012.
I JOINED A COMPANY ON 26.12.2012. BUT I FAILED TO INTIMATE IT TO ICAI STILL NOW.

WHICH FORM TO BE USED TO INTIMATE TO INSTITUTE.
CAN I MENTION DATE OF JOINING AS 26.12.2012 OR ANY OTHER RECENT DATE.
IF I MENTION CORRECT DOJ WILL IT CREATE ANY PROBLEM.(MY SALARY CREDITED IN MY BANK A/C)

format of the resolution to appoint cost auditor to issue compliance certificate

Share Capital clause in AoA is written as

"The Authorised Share Capital of the Company is Rs.1,00,000/(Rupees One Lac) divided into 10,000 (Ten Thousand) Equity shares of Rs. 10/(Rs. Ten only) each, capable of being increased or decreased in accordance with the company's regulations and legislative provisions for the time being in force in that behalf with the power to divide the share capital whether original or special rights and connections in such a manner as may for the time being be provided by the regulations of the company and allowed by law. The minimum paid up Capital of the Company shall be Rupees one Lac only."

The Company now wants to increase the authorised share capital.

My query is that
1. We have to alter the AoA with SR and file Form 23.
2. After filling Form 23 alter the MoA and file form 5 and then we can issue new shares.


Thank You.