poornima.g
04 August 2008 at 20:52

ca and bcom

hai buddy

this is poornima 4m bangalore. i have cleared cpt. i want to do regular b.com as well as articleship. is dat difficult. tell me some colleges in bangalore where b.com gets over by 10 30 so dat i can report for articleship. pls help me. its really urgent.

thank u


Arpita
04 August 2008 at 19:34

Non Banking Financial Company

If a company's fixed deposit income forms a substanial part of its gross income, does it qualify as a NBFC?


ASHOK KUMAR AGARWAL
04 August 2008 at 18:52

Query on Home Loan payment

what is the tax treatement of EMI paid by individual on his home loan in Income Tax.What is the amt allowable as deduction?


rajeev
04 August 2008 at 17:58

FORM 112 submission

if a student is not doing any other course during his CA(pcc), is it necessory to submit form 112


Mohammad Nadeem

PLEASE EXPLAIN ME THE ADVANTAGES OF THE ITR FILED OF INCOME BELOW TAXABLE INCOME UNDER SEC 139(1).


Vishnu Agarwal
04 August 2008 at 16:31

reporting currency





what is the reporting currency?


MANIAN and RAO

A company manufacturing certain products also owned windmills. It put up an addl. windmill in the P.Y relevant to A.Y 2003-04. Electricity generated is both captively used by it and sold to Electricity Board. With increase in installed capacity of its manufactured products by more than 20% over last year, it claimed additional depreciation u/s 32(1)(iia) on all new eligible assets including windmill. A.O disallowed such claim on windmill for reasons below:

1) Electricity produced is not an “article or thing” as contemplated in Sec. 32(1)(iia)
2) Even if so, electricity has been captively used
3) There is no installed capacity for windmill.

Is A.O’s stand tenable?


george arvind shanu
04 August 2008 at 15:20

Gratuity Accounting Entry

Hi mates,
this company i audit maintains a trust for the gratuity fund with LIC,can anyone pls brief me up on all the accounting entries to be passed while making:
1)annual payment to the fund
2)provision for gratuity payment
3)interest on gratuity fund(recvd)
4)insurance premium for gratuity
5)payment of Gratuity

i found out the following account heads in the tally prog. relating to gratuity
Insurance Premium gratuity, SBI gratuity(bank account), LIC of India, Interest on gratuity LIC deposit,SBI(main bank a/c),gratuity


GOPAL JOSHI
04 August 2008 at 15:11

Account head

hi friends,i am gopal, please help me my querry is:-
340 books of Rs.9,65,649 purchase for library is debited to Library exp (as a revenue exp) but i think that this is wrong account head. What "Books & Periodicals" is correct account head or any other. please reply as soon as. Thanks (in advance)
my e-mail id- gopalj7@gmail.com


GOPAL JOSHI
04 August 2008 at 15:10

Account head

hi friends,i am gopal, please help me my querry is:-
340 books of Rs.9,65,649 purchase for library is debited to Library exp (as a revenue exp) but i think that this is wrong account head. What "Books & Periodicals" is correct account head or any other. please reply as soon as. Thanks (in advance)
my e-mail id- gopalj7@gmail.com






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