My friend got exemption in accounts and law, but she got 24 in audit.
Whether her exemption disqualified?
Whether she get the benefit of exemption?

Please reply me as soon as possible what she has do?

A person having two business a is name of proprietor and second name is different
the turnover of seprate firms is not exceed audit limit but if grouped this is liable for audit so can i make a combined audit report or seprate and how it disclose in ITR_4 ?

dear sir,

we would like to know what is the exemtion limit for starting the charging the excise duty to our customer in invoices ? Upto how much turnover, excise should not be charged ?Pl. explain basic rules of excise exemtion for a manufacturer who is mfg. excisable procucts.

regards
anckoora.

Hi All,

i have filed my income tax return through online. As you know the signed copy of the ITR-V in original should reach the banglore office before the August 31, 2009.

Due to some or other reasons, i could not able to file the same with the above mentioned date.

Hence requesting you to let me know the consequences of the late submission.

I have inherited a property in Mumbai. The property consists of a building which has 10 flats. All the flats are rented out on monthly tenancy basis since 1971. One of the tenants wants to surrender his tenancy rights and also introduce another tenant to me for which the new tenant is willing to pay me a premium and also the old tenant is to receive some amount. Kindly let me know how the transaction would be treated for its taxability in my hands after considering the following:
1. The whole building was valued on 1/4/1981 at Rs. 2, 00,000/- and all the 10 flats were in occupation of the tenants and each of them were paying a monthly rent of Rs. 240/- on that date and continue to pay the same till today;
2. The new incoming tenant is going to pay me a premium of Rs. 60,000/- and a deposit of Rs. 900/- with a monthly rent of Rs. 300/-. The outgoing tenant has a deposit with me of Rs. 720/- which the outgoing tenant does not want to claim as refund.

Kindly Advice and give case laws in support of the advice.

can you tell me what are the books tobe maintained in a manufacturing company & how the entries are tobe passed for each transaction?

what is the accounting and income tax treatment of preliminary expenses (takes place before incorporation of company) but those are not mentioned in section 35D. eg- fees paid to create internet domain address

As per the section 54EC the time limit for investing in specified bond of REC or NHAI is 6months from the date of sale but if we have applied for the bond at the end of 5th month i.e. assuming on 28/2/2008 & the amount was credited in the account of REC on 5/03/2008 but the bond were allotted after the end of the 6th month i.e in April 2008..
Is the exemption allowed under the section 54EC in Capital Gain ????

There are many caoching institutes for CA PCC coaching in Delhi and Mumbai but i havent find any who conducts mock test as like they are being conducted For CAT enterance and IIT JEE.
Could anyone please send me contact details of coaching centres in Mumbai nd Delhi if any.
If not i request the respected teachers to provide such facilities.
we students need to know where we stand before we fail!!

Whether Deffered tax liability is added back while calculating Tax under Section 115JB