Hello Everyone,
Plant purchased Rs.100 lakh 10 years ago.Now to Renovate it Rs.80 lakh spend as major parts replaced.can it be claimed as revenue expenditure or capitalized & as per which section,subsection or explanation?Plus 3 years Quick heal antivirus purchased it's treatment in income tax?(All in business & put to use)?Please with section reference.
Thanks

Dear Expert
Kindly Clarify my Doubt about the following Matters:-
1. A Company Having A Paid- up Capital of Rs.62,738,000and Turnover of Rs.196,295,090.

2.And A Company Having A Paid- up Capital of Rs.206,388000and Turnover of Rs.418,179,424.37

Does the Above companies are require to file a cost compliance report or appoint cost auditor/ conduct cost audit

Hi, i want to know, in which countries an Indian Chartered Accountant can get jobs without appearing for any further exam?

i did not see where to place comments on the reply given by the expert in the CA Club India Sit hence i am sending this Ask a query Space.The Replay given by Ramesh Kumar Verma for assessable value is not a complete answer

Malay M Pota
FCS

I have completed my 1st group of ipcc in may 2012 whwn will be my ca final attempt.joined articleship on 31 oct 2012.

A & B are the partners of partnership firm, they are drawing from firm Rs. 6000/- each as remuneration, for which maintaining P/L account, P/L App. A/c only.

Journal Entries done by me:

Partners remuneration a/c (A/B)Dr.6000
to Bank account 6000

Profit & Loss Appropriation Dr. 6000
to Partners remuneration a/c (A/B)6000

Partners remuneration a/c (A/B 0Dr.6000
to A's Capital/ B's Capital a/c 6000

Dear all,


is there any provision where interest payament without being TDS is allowed if SAME IS CERTIFIED BY CHARTERED ACCOUNTANT THAT " the receiver of interest has consider the interest income in his return and tax has been paid by the receiver on the same"


is there any case law or any amendment then please qoute it....

There is a batch for IPCC coaching starting for Direct entry students from July 4th for exams in November 2014.The timings is from 7am to 9am daily.

Will it be worth enough if I go for coaching for that batch so that I can also complete 9months articleship ? OR

Do I go for Regular batch only ?

Is 2 hours enough daily to complete IPCC course within 10 months ? Please reply

after filing income tax return and paying tax of year 2010...again adn again i m reciving letter from the income tax department that,tax not paid...after giving proof so many times,again i m reciving letter .wat to do

Dear Members.

Can any one tell me.when the provident fund deducted in the employee's salary when the employee has recently join the organisation & organisation has already deducted the provident fund other employees's