munish
21 December 2008 at 15:28

case fixed by I.T.O

That my client is Proprietor of M/s S.K.Trading Co., Nature of business is Commission Agent.( Kacha Arthia ).

1) That the case of I.Tax was fixed for the A.Y : 2007-2008.

2) That in the ITR-4 ( Return ) the assessee has shown S.Creditor worth Rs : 6054365/-. Actuly that amount was excess amount of farmers.

3)That there is no trading in the books of assessee , so no question arise for s.Creditor. Due to not relevent column the amount shown in S.Creditor column.

Can Assessing Authorty fixed the case of commission agent on the ground of S.Creditor ?


b.s.gokul
21 December 2008 at 14:51

branch acounts

i want to know the main diff. between selling price and whole sale price?


Guest
21 December 2008 at 14:16

difference

What is the difference b/w ARTICLE and SECTION?


CA ABHISHEK MANDHAN

Sir , i want to know that what courses can we do along with CA to increase knowledge and package.


Dhruba
21 December 2008 at 11:12

Accounting Standard on income taxex

Dear all

I tried to read the AS on Income Taxes but i can't gain any knowledge except deferred tax asset/liability.

I do not know how to present it in financial statement and for the 1st time application of that AS i do not know how to calculate opening balances so please it would be helpful if anybody make me clear in this matter.


Thangaraj

Facts :

X, who is a direct exporter purchased 250 sewing machines and leased to a job work contractor,say Y, who inturn, does job work only to that exporter and for none.

Is it possible to claim exemption as per subsection of Sec.4, since there is levy of tax on transfer of right to use any good, but if the same is used "in the course of export of goods out of territory of India", the lease shall be exempted from tax.


ramesh pathak
20 December 2008 at 22:09

CPE HOURS FOR CA

I AM A CHARTERED ACCOUNTANT. DURING THE YEAR 2008 I HAVE ATTENDED 35 CPE HOURS. CAN THE EXCESS OF HOURS CAN BE CARRIED FORWARD? AS PER MY KNOWLEDGE I REQUIRED TO COMPLETE 20 CPE HOURS AND 10 UNSTRUCTURED CPE HOURS BY MADE SELF DECLARATION. KINDLY CLARIFY THE DOUBT?


peena
20 December 2008 at 19:59

company annual return

Form of Annual Return of a Company having a Share Capital", under Companies Act, which is to be filed with Registrar of Companies which form is required to be filed and also which attachment require for this
due date for filing annual return of company every financial year
Please provide me the Annual return excel format as per schedule V of the companies Act 1956
every year there is require of DIN 2 , 3 & F FORM FOR COMPANYROC


vinod bajaj
20 December 2008 at 19:51

futures & options loss

i have carried forward loss of futures & options(f&o)for asst year 2005-06 when it was treated as speculation loss.But For asst year 2006-07 F&O Profit has been given the status of business profit through budget announcement.so now what will be the fate of my speculation loss.can it be set off against f&o profit in asst year 2006-07 or it has to be set off against speculation profit only.


Velu
20 December 2008 at 18:54

GAIN FROM INSURANCE CLAIM

Dear friends,

I would like to have clarification on the following issue:

House property cost as per books Rs.40.00 lakhs - on entire damage of the building Insurance claim received for Rs.50.00 lakhs. Please give your opinion on taxability of the excess amount of Rs.10.00 lakhs





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