what is the treatment of profit earned by amalgamating co b/w the date of agreement and date of actual amlagamation take olace.plz explain in detail. as what will be the treatment of profit earned by RPL before $ march for RIL.

My father stays in Rent free accomodation i.e. the Flat given by the Comapny.

I stays with my parents for which i pay rent to them.

Can i cliam deduction of rent from my HRA in case my parents will show that rent in their taxable income

also suggest,wheather rent recieved by my parents will be income from house property or it will be income from other source keeping in mind the accomodation is provided by my father employer

Dear Experts

Kindly help me how to prepare tds challan and form 16a.

Harsha

Dear Friends
According to para 5 of AS 11 , it is not applicable on cash flows
Now if we want to Convert foreghn Company Cash Flow from Foreghn currency to INR , what rates must be used for conversion
For example Closing , Opening or average

Hi

is it necessary to make a deed for formation of HUF. Further please provide if anyone having format of such Deed so that i can open my bank account and as a record it may be kept as Name of Karta and details of HUF Family Members etc.

Regards
Girijesh Srivastava

Sir,

Pls explain to me in details what is letter of credit and what is the role of it in export and import.

Hi

is it necessary to make a deed for formation of HUF. Further please provide if anyone having format of such Deed so that i can open my bank account and as a record it may be kept as Name of Karta and details of HUF Family Members etc.

Regards
Girijesh Srivastava

Hi all

I want to know how to handle questions on service tax when advance payments are made. When and what on amount is the service tax payable?

Regards
Pratyoosha

which is better sort of investment..is it investing in insurance or mutual fund.which helps to achieve more in terms of growth rate..
regards
kamal

Q 1. Whether Income can be recognised on provisional basis...?
Case: ABC Pvt. Ltd. is a mfg concern...& has giving loan to it's sister concern (a pvt. ltd. co.) during the FY.

ABC Pvt. Ltd. booked the Interest on such loan on provisional basis during the same FY......

Whether this Interest Income can be recognised on provisional basis...???

Q 2. In next Fin Year..due to financial crises, sister concern is not able to pay interest on such loan.....

ABC Ltd. want to written off that Interest which has been recognised in previous Fin Year.

Pls solve the above two queries with ref to section & case law....if any...

Regards,
CA Nitin