dhawal shah
22 February 2009 at 22:50

journal entries regarding partnership

A partner has taken loan to buy assets(building)& introduced in firm . what entry in books of firm , for repayment of loan by partner.and liabilty and assets introduced in firm. any law about introduction of liabilty by partners in firm


dhawal shah
22 February 2009 at 22:47

journal entries regarding partnership

A partner has taken loan to buy assets(building)& introduced in firm . what entry in books of firm , for repayment of loan by partner.


sumit gupta
22 February 2009 at 21:50

BDO HARIBHAKTI, DELHI

IS BDO HARIBHAKTI,DELHI A GOOD FIRM FOR CAREER.
I HAVE CLEARED MY CA FINAL IN NOV 08 AND 8MONTHS OF TRAINING IS DUE.
FIRM HAS ASKED ME FOR 2 YR.COMMITMENT(WHICH INCLUDE 8MONTHS OF TRAINING).
WHETHER IT IS A GOOD FIRM FOR EXPOSURE? PLEASE SUGGEST.


PRIYA
22 February 2009 at 21:37

Depreciation on commercial vehicle

dear sir,

If the company purchases motor car for the director and the director uses it for the company's business then will it come under commercial vehicle eligible for depreciation @50% as per notification 10/2009

pls advice


Santhoshi Sharma
22 February 2009 at 21:06

Trust

A trust has been formed and registered but the exemption u/s. 12A has not been granted, now i would like to know that how the trust will be assessed now, as an AOP or individual?
The trustees have given the corpus donation to trust, is it taxable?
What tax planning can be made in this case?


monika
22 February 2009 at 20:35

Indirect tax

Pls somebody tell me a good book on indirect taxes for self study purpose...
i dnt wanna take class for this subject!!!

Thanks


CA Abhishek Singh
22 February 2009 at 19:30

cc & od

what is cash credit. is their any difference between cash credit & bank overdraft?


Murtuza Contractor
22 February 2009 at 18:53

Tax Calculation

In case of resident individual, what has to be given preference to deduct the basic exemption while calculating the tax if that person has income taxable at normal as well as special rate of tax.

e.g: If his income from other sources is Rs. 80,000/-, short term capital gain taxable at special rate of 10% is Rs.15,000/- and long term capital gain taxable at special rate of 20% is Rs.2,00,000/-. In which order should the above said incomes can be deducted as basic exemption from tax.


chintan sodha
22 February 2009 at 18:21

Security Transaction Tax

Dear All,

Please clarify the treatment of Security Transaction Tax in Accounts if company invest its extra funds to share market whats the treatment of STT in books of accounts whether the same could be debited to profit and loss account or shown as a current assets.

Please reply ASAP.

Whats the treatment of STT in Income Tax ?


Hitesh
22 February 2009 at 18:03

Tax on Intrest earned on Fixed Deposit

If have no other income but have a fixed deposit in the bank for 10 years at the maturity time is the intrest earned taxable & @ what rate






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