A company incorporated in year 2000 has not yet started commercial operations.
1. What will be the treatment of the administrative expenses like rent, electricity, accountant's and auditor's fees in the books of accounts and as per Income Tax Act.
2. Will the company get deduction of the same as pre-operative expense u/s. 35D after 10-15 years of incorporation also if commercial operations are started that late?

I HAVE RECENTLY APPEARED FOR FINAL CA , NOW I WISH TO PURSUE OTHER COURSE ALSO MY FILED OF AREA IS LAW OR CS WHICH OEN IS GOOD ACCORDING TO YOU. PLZZ ADVICE.

dear sir,
i am deepak pareek from jaipur (rajasthan). my mother purchased a land of 200 sq.yrds in 1971 the cost of land at that time was 8300/- later they made construction on this land of two room set which was approxly 850/- sq. feet. My mother was expired in 1987 and my father has also expired in 1999. I am having 8 sisters and in 2011 they all make a release deed in favour of me. i sold the house in 2012 june @3501000/- Re. thirty five lac one thousand only. now my queries are as per below:-

(1) i get this property from release deed so can i get the benefit of indexation i mean what will be the cost of aquisition 8300/- or according to index from 1981
if yes then

(2) from where i get the fair market value of my house in 1981
(3) construction was made on 1975-76 so from where i get fair market value of construction
in 1981

(4) I have to invest total sale consideration(3501000) or only capital gain.

(5) can i purchase a flat in installments and can i purchase more then one property from capital gain amount or i have to invest in only one property.

(6) what is the time limit to deposit the amount in capital gain account and total sale consideration has to be deposited or only capital gain.

(7) if i booked a flat and already gave 1500000/- fifteen lacs in five installments after sale of property then now how much amount i have to deposit in capital gain account

please sir kindly solve my problem thanks in advance

what is cst. 1.5% & .25%
and when it will be charge on goods

hello sir,madam

business trasaction closed since 2006, bcoz of death of proprietor, we have received notice from sales tax dept, bcoz of not filing the return & officer said, u paid the penalty for not filing the return.
what can i do.
i have pay the penalty. or not paid,
& also suggest me procedure for cancellation.

i have a doubt about service tax return that our service tax registration number is same for head office and branch but we forget to furnish the detail of branch office in return for the 1st quarter i.e.april to june 2012. so my problem is that we cannot file revised return for branch as it already exceed 90 days from due date of filing..what should we do now???

my ca final attempt is in may 2014, whether i can buy practice manuals now and start doing them or i have to wait to start studying from latest practice manuals after oct 2013 ...
pls reply asap

Suppoose A sold goods worth Rs.X/- to B. C is GTA. A pays Rs.10000/- to C(GTA) & deposit tax @ 3.09% on Rs.10000/- to Govt. But now A issues Debit note worth Rs.10309/- for transport & mentions thereat that B is not liable for Service tax. But ultimately B bears the service tax. So who can claim credit for such service tac whethe A or B?

Can anyone please tell me why book of Dinesh Madaan sir is not sufficient for scoring 60+ marks in Ca Final....whether the reason is shortness of content or non inclusion of certain topics as compared to module....
Pleas Answer this query as soon as possible

Dear All,

I have deducted tds @ 20% from payment to be made to seller beacuse seller is not having PAN number. Now the problem is when i fill form 26QB for depositing the TDS amount ir requires to furnish PAN of seller.

So please help me how to deposit the TDS amount under section 194 IA