sir i want to know about branch office for ca proprietorship.
i live in baroda and my ho in baroda...
but am belonging from other place where i want to open a branch can its possible.
in branch office can incharge of branch office can be ca only its very urgent pls tell me about this.....

GOOD AFTERNOON TO ALL EXPERTS,
I WANT TO ASK YOU ABOUT CALCULATION OF AGRICULTURE TAX.
HARE IS AN EXAMPLE PLZ TOLD ME THAT THIS CALCULATION IS RIGHT OR WRONG.
An assesse has his total income of Rs.220000 and agricultural income is Rs.300000.We know tax rate upto 500000 is 10% and upto 800000 is 20%. Now total income for tax purpose is Total income + agricultural income = 220000+300000 = 520000.
Now compute tax on it according to the above tax rates. is Rs.34000.Now computation of agricultural income tax exemption. It would be computed on(basic exemption limit + agricultural income) = 200000 + 300000 = 500000.
. Now compute tax on it according to the above tax rates is Rs.30000

Now deduct the agricultural income tax exemption from the income tax on total computed = actual tax - agricultural tax exemption = 34000 - 30000 = 4000
4000*10.3/100=412
4000+412=4412

MY QUERY STARTED NOW.
WHAT WILL MY TOTAL TAX LIABLITY . SHOULD IT 4412 OR 2060(20000*10.3/100=2060)
in my opinion agriculture income is not tax free income . plz explain

Dear Madam/Sir,

A Fixed Asset has been transferred from one Branch to another Branch then in such case:
1. when (date of Tr./date of receiving/date of installation) FA should be capitalized by receiving Branch?

2. Should depreciation be charged during transit period from one Branch to another branch.

Thanks,

I am facing a strange problem while uploading form 1 for incorporation of co. the MCA portal is sghowing an error as" THE DIN ENTERED UPON FOR DIRECTOR SIGNING OF EFORM DOES NOT CORRESPOND TO THE DSC AFFIXED.

I have checked the form atleast 10 times and there is no error. I even downloaded a new form but the same error is there. However the problem was not appeared for Form 18, Form 32.

Please let me know the solution for this.

Is there any Exam Centre at Berhampur, Odisha. In the institute website exam centre is written as Berhampore. Is it in West Bengal or Odisha.

Dear Sir
If a Person is appointed as chairman of the company ( and he is not taking part in the day today affairs of the company, whether he is a executive director or a non executive director. my doubt is if the chairman is appointed for the company then he is bound to be executive director. Kindly advice.
Thanks in advance

In 194 I TDS is deducted on exclusive of service tax. In 194 J professional Fees TDS deducted on amt of inclusive of service Tax
But what reason behind that?

How do we apply the provisions of the above mentioned section of the Income Tax Act'1961.

Case : Suppose turnover of a A Ltd., following mercantile basis of accounting, in F.Y. 2011-12 amounted to Rs.15,00,000 (as per actual bills raised during the period).Tds was deducted by B Ltd.(debtor of A Ltd.) on provision basis showing a total turnover of Rs.17,00,000 -- 2% tds amounting to Rs.34,000 (bill for balance amount of Rs.2,00,000 was raised in F.Y. 2012-13 by A Ltd.)

Now, what accounting entry will be passed by A Ltd.Further, what should be the turnover of A Ltd. for the purpose of Income Tax Return filing.Since, tds has been deposited in F.Y. 2011-12, A Ltd. will have to claim it in the same financial year, what & how should it be claimed ??

Quick replies shall be highly appreciated.

Hello All,

I have been working with a private company since Oct 2012. I worked for the company in Dec as well as Jan but have not received salary for the same yet. Earlier my MD was making excuses to make salary payment as he got involved in some Legal issues. Though he is free from all those issues now he is still not releasing employees salary.

Payment of two months salary is due. I wanted to know what actions I can take against him.

I am having company's cheque book for safety purpose wherein my dec 2012 salary's cheque is made and signed by MD. Can I deposite the cheque in bank without permission of MD? will be it under professional ethics? Or what else I can do againts him?

Please suggest

dear all

please help me how to do stock audit ........... what is prime step