Our company has just got registered as a 100% EOU unit for our Web Services and as a result we would be exempt from income tax. However, I hear of MAT being applicable to all companies now irrespective of being EOU certified, is that true? Also, suppose the net profit for the year is expected to be Rs.2 crore, how much would the MAT work out to and do I have to pay advance tax on this amount. Is there any different way to filing MAT as there is to Income Tax?

my company is a privete limited company.it has 18 lakh accumulated profit,in any previous it has not declared any dividend.in this year the company is going to issue bonus share without declareing dividend.so can the company do so ? please suggest me

Sir

Guidance Note 34 (GN-34)has been withdrawn in the 280th meeting of the council.

Which pronouncements of ICAI will guide the treatments of items covered in the erstwhile GN-34?

Is Tax to be deducted uder S 194 J ON THE 'FEES' only or FEES PLUS SERVICE TAX?
Are there any notification or official circular? If yes pl give reference.

Sir,
I was doing my articles,i would like to know how many leaves can i take in my 3 years article period.

I have been offered this post of business analyst in one of the leading firms. The job basically involves preparation of financial models and valuation. I would like to kno if its a good post and what salary to expect. Also if the job will help me in my future carreer if i switch the job

i am mohit gupta form jhansi passed CA inter and expeced to appear in final exam in may
2010 i am suffering from eye difficulty that is low vision i faced lot of difficulty in my trainingso could u direct me for my career

if creditors ask me balance bill due cash deposit my C.B.S A/C.Supose that bill due amount 150000/- & I deposit 120000/- deposit his C.B.S.A/C
1- Accounting entry in the book of purchaser

2- effect in income tax

Can anybody provide some case laws holding that interest of co. is separate from its director or shareholders.

this is urgent.

thanks

HUF IS A PARTNER AND RECEIVED SALARY. KARTA SHOULD SHOW THE SALARY INCOME AS HIS TOTAL INCOME. NOW THE PROBLEM IS IN WHICH HEAD SHOULD IT TAKEN (SALARY OR BUSINESS INCOME)