Dear Sir,

I have completed 1year and 6month of my articleship training. I wish to know whether I can opt for secondment for the remaining 6months and then go for industrial training for the last year. Or only 1 option is available.

Sir,

Management says the auditor to written back the creditors under Section 41 of IT Act, 1961 and take that amount in P&L A/c in that case is it responsibility of CA to take written representation of the same from the management?

Sir,

Is it the responsibility of CA to verify from the records of Company whether the Annual General Meeting was actually held in private limited before filing form 23B for his appointment or re-appointment?

Because he has the option of AGM in Form 23B..

Please reply..

We are going to pay 30000/- for rent which was used at the time of training period please tell me tds should be deduct or not

sir

I want to know about option in currency. My Q. is 53 rs. put 54 rs put 55rs put in march what is the mean of this different rate of put.

Dear all,
My query is Mr. A's Fixed Asset is Car & his Flat & he is partner in a Firm (all partner are family member) & he use his car for firm but car booked in his Personal a/c not shown in firm. please suggest can he claim depreciation on his car in personal a/c? & also suggest about depreciation on his flat.
Thanks in Advance.

How to study for cpt in two months?
Where to focus in every subject?

I took a vehicle loan. Rs. 47000 @ 8.99% for 1 yr.

THe loan provider is chrging 4269 as EMI & Total Int payout as 4228/-

but any loan EMI calcultor i try it shows 4110 as EMI & total int 2220/-

Sir,
I am going to file an NRI return for first time, who stayed in abroad more than 180days in a year.
My Query as follows:-
1)My client is an NRI, he has 2 accounts NRE & NRO.
2)He invest in Mutual Funds and dividends earn from there deposited into NRE a/c.
3)And he got interest from NRE savings a/c.
(which reflected in bank statement, although bank did not deduct TDS on NRE interest)

Sir,Should I add Dividends from Mutual fund in his total income which has been credited in NRE A/c with interest from NRE SB also? ( As like interest earn from NRO Savings a/c)

Dear Sir/ Madam,

Please help me in following case. Whether 44AD provisions can be applied?

Following are the actual figures taken from the books of an eligible assessee engaged in eligible business.

Annual Turnover Rs 60,000,00/-

Expenses Rs 40,000,00/-

Profit Rs 20,000,00/-

Can assessee claim his taxable income is Rs 4,80,000/- ?( ie 8% of 60 Lacs)

Assuming assessee is having income only uder head PGBP and have not done any expenditure deductible under chapter VI, His actual profit after tax will be as follows

Profit as per books 20,000,00/-

Less: Tax on Rs 4,80,000 ie Rs 28,000/-

Actual profit after tax 19,72,000/- ( 20lacs -28k)

ie His after tax profit is Rs 19,72,000/- and Assessing officer cannot treat Rs 15,20,000/- (ie 20,000,00-4,80,000) as undisclosed income.



Please help me. Whether my calculation is correct?