The medical Alln is the part of salary as per the Company's policies,but it is not taxable if the employees give the medical bills upto Rs 15,000/- My query is if the employee incurs exps towards medical exps of his/her parents,on submission of such bills is he liable for deduction under medical alln.

The Government of India- Ministry of Corporate Affairs has issued a Notification on NACAS Accounting Standard-11. ( GSR 225 (E) dt 31-3-2009. This Notification, I feel is very poorly drafted and difficult to comprehend. Can anyone help me in understanding the proper Accou nting Entries please ?

There is A Pvt. Ltd. which becomes on 1st April, WOS of B Ltd. And so provisions of section 3(1)(iv)(c) it becomes Public company.

SO the question is whether application to ROC for conversion of the company is mandatory?

if yes within what time?

If ROC convert the company to a LTD company on application from when the covnersion be effective for the purpose of application of other provision of Companies Act, as may otherwise be applcable to Pvt. Companies.

And should be the status of the company during the period of application is pending

one of my friend file I.Tax Return for the f.y.2006-07 online on 28/03/2009 without digital signature.then he went to I.T.office to file acknowledgement on 2/04/2009 presuming that it can be filed within 15 days after online filing. But in department they do not accept it as time barring . whether any solution for that.

Pls. give me the details of TDS New notification

I have one House. This House are in the name of My Father, My Mother & My Self.
I am a Salary Employee & Company given to me HRA.
I taken a Loan on this House & Pay EMI from My Account.

My Father Has another one House. I stay in this House & Pay the Rent to My Father by Cheque for this House. My Father show this rent Income in his IT Rturn.

My Query is :
(1) Should I Claim HRA as well as Houseing Loan Interest & Principal Amount in My IT Return?
(2) If Rent paid above Rs.10000 p.m. i.e. above Rs.120000 p.a. & my Father has below Exemption Limit should I deduct TDS on Rent?
(3) I Have only Salary Income & there is no Other Income should I get TAN no for Deduct TDS on Rent?

if assessee has cenvat credit receivable balance as on 31-03-09 Rs.110000 then this credit can be utilised for the payment of service tax for the quarter ended on 30-06-09

Hi Sir, I am a student of CA CPT & going to take June 09 Attempt.Could u pl suggest me sth for better preparation.

Respected Sir,
Namskar,
This is Vishal from Kapurthala. sir how calculate the sensex & nifty could you please give the answer with example .

whethet ball bearing is capital goods or not ? i m doing audit of atul auto limited.