Amaresh.D
26 December 2008 at 01:22

In which Head Have to Take

Dear sir,
i am working in a non profit organisation as a accountant actually we receive grant from govt and we have to relese to talukas . i am maintaining in tally so i have taken in as direct income which grant recive and what i relese to taluk taken in current assets as advance is it correct when i get utlization certificate from talukas i will pass the jouranl entry to indirect exp ... i have to preapre only Receipt & Payment thats all so plz help


vijay
26 December 2008 at 01:06

MVAT Audit

I AM RUNNING A COUNTRY LIQUOR SHOP SINCE DEC 2007.

IN CURRENT FINANCIAL YEAR I CROSSED RS. 500000 LIMIT SO I TAKE REGISTRATION IN CURRENT YEAR.

BUT IN LAST YEAR I DID NOT TAKE REG. AS I AM BELOW LIMIT.

SO NOW QUESTION IS WHETHER I HAVE TO AUDIT UNDER MVAT FOR THE LAST YEAR ALSO EVEN THOUGH I AM NOT DEALER.


tarun juyal
25 December 2008 at 23:25

query regarding fbt

in case employer not chargeable under fbt,is he required to require to collect the same from his employee


Jairam
25 December 2008 at 22:19

Interest on loans

What is the criteria for claiming interest deduction upto 1.5 lacs on self occupied property.


Jiwan singh
25 December 2008 at 17:52

deduction of interest on borrowed capital

when a deduction of interest of borrowed capital is allowed .

after complete a construction or before

example

i take a loan from bank on dec-2008. my residence properity will not complete upto 31.03.08 . can i take a benifit of exemption of interest on borrowed capital .


Vishnu aGARWAL
25 December 2008 at 17:22

Superanuation fund

I have few queries regarding deduction of superannuation fund:

1.) who is laible to deduct superannuation fund from his salary

2.) What is the maximum limit of basic salary upto which superannuation is not deducted.

3.) Whether it is deductable under sec. 80C or not?

4.) If any recent amendment has come pertaining to this than what will be new provosions & its impact on old worker who was working before new changes & impact on new joiners after new amendments


Hari Hara Prasad.N
25 December 2008 at 17:13

Exam Application for NRIs

Hi,
I am presently living in Bahrain and preparing for 1st Group-Final to appear for exams in NOV-2009.Completed CA-Inter 13 yrs back.
Where can I get the application form for the exams?
What are the documents to be attached to the application?
Does the application needs to be attested by any some one in Bahrain?
Planning to appear for exams in Dubai.
Appreciate your help.
Thanks & Regds,
Hari


JALAK VORA
25 December 2008 at 17:08

CENVAT Credit avilment.

1. Our client is engaged in the trading business of glass as well as providing job work facility of glass which are used in Building Construction. This job work facility is chargeable in Service Tax as “Commercial and Industrial Construction Service”.

2. Out of purchase of excisable goods (Glasses) used for trading as well as in the job work.

3. Service tax is collected @ 12% on the Job work services and the credit of the purchase of whole goods is taken as CENVAT credit.

Whether the treatment is proper as per CENVAT credit amended Rules (2008)?

Can we take CENVAT on whole purchased of goods against only part of the goods are used for Job Work i.e. Service Tax purpose?









chintan
25 December 2008 at 16:36

SENIOR CITIZEN -FD-T.D.S

A SENIOR CITIZEN AND NOT FILING RETURN IS HAVING INCOME FROM OTHER SOURCES AND NO OTHER INCOME(I.E. FROM BANK FD) AND THE INCOME IS NOT TAXABLE..AND SHE IS EARNING THE INTEREST FROM BANK OF APPROXIMATELY 35000 P.a.SO FOR THIS WHICH FORM SHOULD BE SUBMITTED WID THE BANK SO THAT IT DOES NOT DEDUCT THE T.D.S.? or ANY OTHER THING SO THAT THE T.D.S AMOUNT IS NOT DEDUCTIBLE...PLS REPLY TO ME...THANK YOU


Tousifahamad I Desai
25 December 2008 at 16:27

Account Technician Course

I am working in private company as accountant. I completed my M.Com. Know I have start study again so i choose "Account Technician Course" Please send details & how i aply for "Account Technician Course". How i complete my "Account Technician Course", there syllabus, study material, registration. All details






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