CA PAWAN SETHI
25 June 2009 at 13:15

Income tax return of schools

how income of schools be taxed?
is the surplus arises to school be taxed as trust.
please give the detailed information.


Alvin Jose
25 June 2009 at 13:14

Availing input credit

Dear experts

I am doing an audit of a trading Company.
The Company has an opening credit balance. I wanted to know that whether the company can avail this input credit in the current year and also the time limit for availing the credit...


vithal.ag
25 June 2009 at 13:06

charges

whether negative lien is required to be registered with roc?

plz reply


uday bakliwal

my assessee ( huf) was having agricultute income in excess of 10 lacs as well as int on fdr & saving int income of rs 90000/- and he had no other source of income or loss. still we filed the return of income to get the more agriculture loan from bank for the asst yr 07-08 by showing above mentioned income. income tax officer issued the notice u/s 143(2) for scrutiny assessment under compulsory norm of agriculture income in excess of Rs 10 lacs. whether he is justified to take the case under scrutiny ?


Salil Arora
25 June 2009 at 13:03

tds u/s 194c

my query goes like this:

A company is engaged in website designing.

They have a team of people engaged in the said purpose.Among them few are employees on the payroll of the company and rest are the people the company have entered into written contract.

Now my query is whether the TDS on payment made to later is deductible under section 194C or 194J.


Alvin Jose
25 June 2009 at 13:01

capitalisation of vehicle (AS10)


Dear experts,

I would like to know whether initial insurance taken for a new vehicle(fixed Asset) should be capitalised along with the vehicle?..

thanking you

Alvin


Tukaram Desai
25 June 2009 at 12:40

Provision of Provident Fund

One private ltd co earlier was comploying with provision of Prov Fund Act as it had more than 20 employees. However during the year their no. of employees have been reduced to less than 20(6 employees). So can they discontinue complying with this act? If so can anybody tell me what is procedure to do so?


Sandeep Kumar
25 June 2009 at 12:25

work in progress

sir , please tell me
what is the work in progress

tell me it in deeply


CA Vishvesh
25 June 2009 at 12:12

Full time COP

Hi Friends

can any one suggest me wether I can hold full time COP and work as an employee on full time basis with one of the big corporate of India ?


vandana
25 June 2009 at 11:59

export sales under vat

we have export some printing books to london by courier and courier made all the necessary arrange. There was no actul export made by ourselve. in this case, where we will book this sales. whether we will charges 4% vat or book as export. on thing buyer want this bill in london address. pls. suggest me.

thanking you

Vandana






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