it,s a pvt.ltd they spent Rs.60lakhs as advertisement. they can write off 1/3 in books and in IT adjustment they can claim entire expenses in first year itself.

Dear Sir,

Please could you give me a list of Approved ITT institutes in Gujarat, so that it helps choose me one.

Basicaly I am from Gandhidham (Kutch), if there is any approved institute in Gandhidham please do let me know

Awaiting your response.

Thanks.
Manoj Anandani.

NEARLY 60%OF OUR PURCHASES ARE MADE LOCALLY AND ALMOST ALL OUR SALES ARE INTERSTATE SALES. AS A RESULT,WE ARE NOT ABLE TO ADSORB THE IN PUT VAT CREDIT AGAINST OUR CST LIABILITY.(IN PUT VAT MOSTLY 12.5% WHILE CST IS 2%) SINCE OBTAINING REFUND FROM THE DEPARTMENT IS A CUMBERSOME PROCEDURE,CAN WE WRITE OFF IN PUT VAT AS PURCHASE?

We have Private provident fund trust. company got demerger in two companies. Pls provide what are the legar compliance we have to follow for segregation of the contributions and investment in trust.

Please provide the legal provision provision for segregation of PF Trust

Regards
Yogesh

Can anybody provide me the calculator sheet for Deferred Tax Liabilities/Assets, or can anyone explain me the method of adjusting the opening DTL/DTA taking into effect the difference in opening tax rates and closing tax rate

Dear Sir
A trading company was incorporated on 1.4.2005 with prelims exp of Rs 30000/=.
For year ended on 31.3.2007 pre operative exp as under :-
1> Salry 30000
2> Travelling 55000
3> misc exp 15000
Fixed assets- Computer 60000, Furniture 20000, Office block 300000
company statrted trading business on 1.4.2007. Please advice , how to ammortise or capitalise pre op exp Rs 100000/=

Could any one explain me about deferred revenue expenses & deferred tax liability?
and how to calculate deferred tax liability?

Can a partnership firm pay interest on the credit balance of partners current account.If so will such interest is allowed as an expenditure in the hands of the firm subject to the limitations u/s 40(b) of the IT Act,1961.

Dear All,

I filed ITR online but forgot to file a physical copy within 15 days. can any body suggest me what should i do in that case?

Dear All,

Kindly let me know the circular that specifies that e-filing of return is compulsory for the asseessee covered u/s 44AB.

I have heard that it is not compulsory for individual covered u/s 44AB (compulsory for firms covered U/s 44AB.

Thanks and Regards