The co op society has made the investment in district co op bank out of its reserve fund .Creation of reserve fund is compulsory by statute.Interest earned out of above investment is treated as income from other sources by the society. Whether the society can claim the deduction U/S 80P for the interest income?

Sir,

I want to know, whether engaging a particular travel agency for travelling of directors of a private limited company without entering into contract with him is liable for deduction of tax at source.


Thanks.

regarding trade discount(discount received) in tally:
as trade discount should not be recorded in books ,creating a ledger under indirect income is right or not
in bill discount was deducted as a total but not per product
bill-71310
-discount33310
+packing 2000
=payment 40000

SIR ANYONE PLEASE SUGGEST ME HOW TO GET A DUPLICATE COPY OF CPT MARK LIST .AND PLEASE SUGGEST ME WHAT DOCUMENTS SHOULD BE SUBMITTED FOR OBTAINING IT .....


THANKING YOU ,

sir

we just want to know when to convert from pcc to ipcc after writing nov, 2012 (pcc exam) i.e., whether to wait for the results or convert immediately.

Hai,

I want to use new signature in Form 6(For COP). What is the procedure for the same.

Can anyone Please guide for Private Limited Company’s dates of Resolutions passed and alteration of AOA is necessary or not

Company has filed Form 1A and has attached Resolution copy with only one desired name dated 25/10/2012 and uploaded the same on 16/11/2012 further on 20/11/2012 Form was resubmitted with other 4 desire names and among that names 1 got approved on 22/11/2012 and on the next day Company has call and conducted EGM as all the shareholders (i.e. 4 ) of Pvt. Ltd Co. were agreed and ready to give their consent for shorter notice, therefore company has filed Form 23 & 1B accordingly.

Now both Form 1B & 23 are pending for clarification upto 27/12/2012 & 12/12/2012 with a remarks of not attaching copy of minutes of meetings, shareholder consent and copy of MOA & AOA , all the above things are ready but the problem is Article 8(b) of the company says “Provisions contained in Section 171 and 173 of the Act, shall not apply to the company.”

Now what will be the solution without passing more days :
Shall we alter our article and allow Section 171 to the company with back dated Notice & Resolution (if Possible)
Or
Wait upto 27/12/2012 & 12/12/2012 till E-Forms are treated as invalid and not taken on records.
Or
File 2nd time both the forms with 7 days notice i.e. without amending AOA and without waiting for E-Forms are treated as invalid and pay necessary Fees again

Dear Sir/Mam,

My articleship would get completed in Nov 14, and i am short of 15 days in completing my period of 2.5 years for may 2014 attempt. Can i be eligible for May 2014 attempt, as my 2.5 years period would get completed by 12th May 2104.Please help.Should i go to the institute for better clarity regarding this, would it be of any help?

In the SAP how future?

Sir , I am an article conducting internal audit...where factory and account department located in differentt city. While checking Purchase voucher I m confused when purchase should really be booked:-
1. Date of invoice
2. When GRN made

What if ; if due to management fault grn prepared very late.
And what if if entry forthe same is is passed in after 15-20 days