A Socity is registerd under Socity Registration act 1972 in m.p.this society is operating a school.& there reciepts are 16 lacs during the financial year 2007-08.& after deducting all expenses surplus is 45000.
now my query is that is this society has to file a return ?& if applicable then how much tax liability will be imposed. this society is operating school only. not any other activity.

dear sir/madam

i have no any mediclaim policy but i made 22000/- expenses on medical and hospital charges. can i avail deduction rs. 15000/- as under section 80D or not

whether the provident fund paid by both the employer and employee is deductable under section 80c?

whether the portion of pf paid by the employer is the part of salary?

if not sent me a detailed explanation

MR A is a Chartered Accountant. He and his wife are holding more than 50% of shareholding in ABC Pvt Ltd.ABC Pvt. Ltd is an insurance broking company. Can Mr.A (Chartered Accountant in Practice) hold office as director or non-executive chairman in ABC Pvt. Ltd.

whether internet charges is liable for fbt & what is leased telephone line

HII FRNDS,

Jst wanted to know when one pre scrutinizes the form-23ac are we supposed to be connected to the internet????
i filled the form 23AC. at that tym the size of the form was 2.08MB. Wen i tried to upload it a message flashed " prescrutinize the form". i prescrutinised d form. After pre scrutinising the size of d form increased to 2.55mb.
pl get me out of this matter.

Awaiting ur reply.


Regards
Sangita

Can a Director be treated as an employee of an co.

Any Personal Exp of the Director if Paid by the company can be treated as a perquisites or not

Please give me reply as far as possible

can a person make cash payment more than Rs. 20000 to a person in day if there is 2 bill

ex. 1 bill for 12000 date 21.1.2009

2. bill for 9000 date 22.1.2009

give answer with reffrence to low

HII FRNDS,

Jst wanted to know when one pre scrutinizes the form-23ac are we supposed to be connected to the internet????
i filled the form 23AC. at that tym the size of the form was 2.08MB. Wen i tried to upload it a message flashed " prescrutinize the form". i prescrutinised d form. After pre scrutinising the size of d form increased to 2.55mb.
pl get me out of this matter.

Awaiting ur reply.


Regards
Sangita

is proposed dividend considedered as event accuring after balance sheet date as per AS 4 ?
It means it can be considered as contingent liability as it is only proposed by directors and it will be final after approval of share holder.i believe that proposed dividend is appropriation of profit of particular financial year.