I have purchased MAFA reference book written by Khan and Jain. But some of my friends are saying this book is not good as one by Pattabhiraman and S.D. Bala. Can I continue with Khan and Jain's text book. I am confused. Please answer.

Bonus is Taxable in the hands of Employees on Receipt basis or Accrual Basis

Can a Practicing C. A. become a Farmer without surrendering C.O.P.Whether any permission is to be taken for this from ICAI.

Our Company will be passed an entry by debiting to bonus account and crediting to bonus payable account on 31-03-2008. that bonus payable will be paid in june 2008.while calculating the staff personnel tax liability we have to add that amount of bonus of respective employee in 2007-08 financial year or 2008-09 financial year.

please clarify the bonus payment will be taxable in the hands of employee on receipt basis or accrual basis

Hi,
My client is operating foreign tour and is making payment to the Foreign Agent in Cash Dollars which he withdraws from his Bank after providing the relevant documents but not a CA Certificate u/s 195. He also pays tips to the Guides till US $ 200 to 500 of which no voucher is made.Will all this expenses be allowed and if not all than what % wil be Disallowed.

Dear Sirs,

I would like to know the procedure of converting Partnership firm to a proprietorship firm.

What will be the consequence as per Income Tax Act?

Will there be any capital gain?

Dear Sir
Our Company will be Credited the bonus amount for the year 2007-08 on 31-03-2008 to the employee personnel account and bonus payment will be paid in jun'2008.when we will deduct TDS on Such bonus U/s.192 in financial year 2007-08 or 2008-09 please clarify the matter is very very urgent

Is tds deducted on finance charges & if yes,under which section ? please answer in detail

Hi,
I am yet to recieve the refund of my TDS for year 2007-2008.Can you please provide the details of how I can check my efund status

Dear Sir / Madam

Sub: To know about eligibility certificate (CA Final Examination)


With reference to the above cited subject, I submit as under

Registration Date of CA Final 20/07/2006

I have sent 4 (four) papers. Whether I am eligible for appearing CA Final examination.

If yes, when?

IF No, How many papers I have to send for EC (Eligibility Certificate).

How many marks I have obtain in those papers?

When my examination due?

Pls solved the problems of above stated points as early as possible

Hoping for your co-operation

Thanking you

Yours faithfully

Krunalchamp@gmail.com