whether Defferd Tax Liability shall be included in calculation of net worth? Is there any specific accounting standard relating to such or any guidance note issued by the institute? Please suggest

Dear All,

If X company is a private company and it is raising paid up capital to Rs. 5 crores. Is it mandatory to convert or change the nature of company to Public LTd? or else what can be the implication of this in terms of legalities with ROC?

Principal transferred goods to agent for Rs 10lakhs. Agent issued F form for Rs 10 lakhs.
Subsequently principal reduced the price of goods covered by the above mentioned F form and communicated to the agent through a letter. Can agent issue another F form for the price difference. If not can you suggest me a method to solve this issue.

NB:- The agent is to sell the goods at a price intimated by the principal from time to time.

Sir, I am working as an Asst Manager in MNC (Accounts). I want to know that is there any provision for employees investment declaration filling date. As we are facing problem that employees those have not filled their decl on or before due date, they want get consider even if they are filing after our prescribed date and asking that what is prob. I need to about prov. Kindly help.
Regadrs

What is the major difference between authorised shared capital and paid up capital

I was e-filing ITR 1. Firstly, the xml file was not uploaded and computer displayed INTERNAL SEVERE ERROR.

So I again e-filed the xml file.

But , to my surprise, I have received two acknowledgement numbers.

What should I do now??

Hello please tell me how to insert scan page in existing pdf file.

thanks

hello friendz
if assessee is maintaining books on cash basis as in case of professionals
my quest.is his t.d.s (relate to his professional services or any one) which is deducted by his clients on 31.03.2008 but he didnt recieve money in next financial year only.so when he can claim that t.d.s ie.in 2007-08 or 2008-09
bcoz in my view as assessee is maintaing books on cash basis n that t.d.s has been deposited obviously in april 2008 so he should claim t.d.s when actually that t.d.s is deposited..........
but will dept.accept this plea
plz guide
thankx

hello friendz
my quest.is we r going to file a return of an individual (general commision agent)
earlier he was getting exemption of non maintainence of books of accounts as his income didnt exceed rs120000
but now his income has exceeded the limit
so he has to maintain some books of accounts
now my quest.is as he is making his balance sheet first time how to find out his opening capital ie.as on 01.04.2007
bcoz he is general commision agent it is not like that when he started his business etc.and there is also no assets
last year bank balance is there only
plz help urgent
thankx

In MVAT, under CST

Can we collect one single declaration under Form H for entire year.

In the circular or notification it is nowhere mentioned that Declaration under Form H has to be quarterly.

If there is any such circular or notification please give me.