Whether a company can make a payment exceeding Rs 20,000 by cash? As per section 40(3)- No. Then the company can make payment exceeding Rs 20,000 for capital transaction by cash? please resolve by confusion in payment exceeding Rs 20,000..

I want to apply for PAN of social club, what documents required for this ?
a certificate issued by international club authority of the above said club will be sufficient for this ?

can i charge depreciation at the rate lower then the rate specified in income tax act for income tax purpose?

Do anybody tried income tax trace site for registration ....
it is giving error at SAM HASH value?

Sir,
I have just attempted for nov 2012 exams of CA IPCC. I also wish to register for the CS course Foundation programme. I am also pursuing my B.Com II year from BAMU University.
Is there any rule passed recently that a student cannot opt for more than 2 courses??
If yes what are the options available for me??

HELLO EVERY ONE WE ARE A "MANUFACTURER EXPORTER" IF WE IMPORT AN ITEM AND SUPPLY THOSE TO ANY OF GOVT. STATE OR CENTRE, PROJECT CAN WE GET REFUND / ADJUSTMENT OF CVD.12%(WHICH IS EQVI.TO CENTRAL EXCISE) AND OR ADDITIONAL DUTY OF CUSTOMS 4% (WHICH IS EQVI. TO C.SALES TAX)? IF YES.. FROM WHERE AND WHAT WILL BE THE PROCEDURE?

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=573213

I am handling NGO account.
But i am confused what type of account name opened for various entry in NGO. Is there any provision for handling ngo account

could anyone please explain what is subsistence allowance? .i came across it in cash voucher.

sir,
our client has paid salaries to employees rs 69094 .he said that he has paid to many employees. but he wrote entire 64094 in single cash voucher.my doubt is can he write in a single voucher amount exceeding 20000 rs and is it allowable if he has paid to many employees break up of 69094 rs.he also said that none of the employees salary exceeds 20000 individually.please clarify my doubt..

Whether it is necessary to prepare financial statements in revised schedule VI or it is ok if we prepare in horizontal form?
Pls reply...