One of my friend is looking part time Accounts for a trust. He wanted to calrify the following doubt.

It is a Charitable Trust & registered on 1994. They purchased a land for Rs.100000/-. in the name of trust in same year and they have not maintained any accounts for this.Now they sold the same plot for Rs.2000000/- , from this amount they spent 1000000/- for purchasing a new plot.

Now my friend's question is how it should be accounted, since it has not maintained several years.

Duing these 14 years no activities has been taken place.

Please advice.

Hi,

We are a STPI unit, we have some chairs which are custom bonded (indigenious purchase against CT-3), now we are planning to sale these off. kindly let me know which are the taxes applicable for that?? and the rates for the same. say for example we have a chair of Rs 100/- (excluding taxes) what would be its selling price??

Nazir

Dear friend plz reply on my query given below with explanation
A pca/pcs is a director of company can he certified the MCA-21 form as a professional capacity.

Thanks with regards
yours
cs Bhagwati

hello sir,
i m a student of pcc...
i want 2 ASK from u dat IS AUDITING STANDARDS CONVERTED ARE APPLIED FOR THE STUDENTS OF PCC AND FOR NOV-2009 ATTEMPT...
PLZ REPLY AS SOON AS POSSIBLE...
thanx..
bbye....
ALL THE BEST!!!!!!!!!!

Can the donation given to any approved charitable institution U/Sec 80G be declared to the company for non deduction of tax?

Dear Member
if posible for anyone pls send me detail procedure of Right issue.

I have cleared my CA Final Grp I 3 years back.I still have the Grp II to clear. I was out of touch with CA and its syllabus & exam changes for the past three years. I recently heard that Nov 2009 will be the last for those appearing for CA final in the old course and that if i dont clear my CA final grp II by Nov 2009 i will have to appear for both grps according to the new syllabus. Pls guide me. Pls pls pls guide me.

Whether TDS will be deducting on Payment made to Foreigner Party ?

If yes how will we submit a tds return his PAN is Match with over Indian PAN

I m having income from salary only and i have filed return of income during July, 08 for the year ending 31.03.08 and claimed excess TDS deducted by employer as refurn (Rs. 6000/-)

Till date i have not received any refund from the department.

Please tell me that within what time the department shall issue a refund?

and whether i can send request letter to department of the matter that why the refund is not yet sent to me?

Rohit

Can a banking company deduct tds on payment to a hotel?
If so then on what rate & under which section ?
Eagerly waiting for a reply.