1)
Expenses incurred before incorporation in relation purchase of land and its related expenses-payment of salries to employees and payment to consultants for drawings in relation to construction of building.
2) What are the expenses which need to be clasidied as Preliminary expenses.Does it include payment made to conlutants for design and drawings for construction of building.
how a company should make provision on 31.1.09 for the sale promotion activity for which the bills will be submitted on 15.2.09. as per my opinion the previous trends i have to go through and then i have to make provision accordingly.
ihave a filed income tax return of a civil contractor showing net profit 5% for A Y 2007-08. The turnover iswas Rs1.25 cr.It is not covered by section 44 AD.As per scrutiny norms for the relevant a.y.if the n/p is above 5% and turnover is above Rs 1.00 cr,it will not be selected for scruitiny. The case filed by me fullfills the above requirements.But,it has been selected for scruitiny. What is reamedy.how can i challange this selection
transfer of prop. business assets to pvt. ltd. co. attracts capital gain in the hands of prop. if consideration payable is standing as unsecured loans in the books of pvt. ltd. co...? what r the conditions to be fulfilled for exclusion from capital gain?
plz tell me the entry of Provison for taxation in accounts ans effects of entry in PnL Balance Sheet. if adavce tax made during the year we have to make any adjustment with Provision for taxation in Accounts
plz tell me the netry of Provison for taxation in accounts ans effects of entry in PnL Balance Sheet. if adavce tax made during the year we have to make any adjustment with Provision for taxation in Accounts
Actually the qualification for IPCC is:
1.Passing CPT
2.Completion of +2
I Hav a doubt, that a student who had directly completed graduation course without doing +2 in other than commerce back ground is eligible for doing IPCC.
I am working as a Accounts Executive,
I've one doubt that is in my company we are started a contruction of factory. for that pupose we are issued a chq to the contractor. Ho to post this entry.
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Preliminary Expenses