Can expenses debited to profit and loss account as prior period expenses (aising as a result of error/ ommision in last years accounts) deductible under income tax act? If not under which section?

Kindly quote notification/circular/section??

Whether extra units of mutual fund received in "Re-investment plan" of MF can be considered as investment made under section 80C of Income Tax Act (assuming units are under ELSS scheme).
Please provide the answere with reference to Provisions of Income Tax and/or case law, if any

MY FRIEND IS A CA. HE IS HOLDING COP. HE WANTS TO WORK IN TWO CAPACITY, ONE IS AS PROPERIETOR AS PRESENTLY HE IS WORKING IN HIS INDIVIDUAL NAME. SECOND HE WANTS TO JOIN A CA FIRM AS A PARTNER. CAN HE?

Whether the expression occuring in section 115JB "the income-tax, payable on the total income as computed under this Act" may be interpreted as 'income-tax payable before rebate u/s 88E'

OR

The legislature had meant it as 'income-tax payable after rebate u/s 88E'

Please apprise if any Court of Law has decided this issue.

Thankx and regards

Finance Act, 2005 had substituted the word "eight" by the word "four" in Sub-section (4) of section 73 of Income-tax Act, 1961, with effect from 1-4-2006.

Question arises here as what will be the position of the losses suffered by the assessee before the Assessment Year 2006-07 (for which the Assessee was entitled to carry forward the same upto 8 years), which remained unsetoff as on 01.04.2006 and the period of four years from the end of relevant assessment year stood expired as on 01.04.2006; but the period of 8 years would expire after 01.04.2006.

Kindly also apprise if the captioned issue had come up and decided by any Court of Law.

Thankx and Regards

Dear sir,

I have taken my articalship in a CA Firm on 12-3-2007 & My PCC Exam will be on Nov-08.

1) In my office i'm not gaining good knowledege, it's just because of my principal have a very limited clients. And that too he will take care of all the things.

2)I'm in confuse whether to take transfer or to stay here till my PCC get over, if u advice to transfer, where i can get good articalship.


Please Advice me. Thanks in advance.

What are the documents required to be filed for amendment in Registration
under Delhi VAT & CST.Please highlight the exact procedures& rules.

Regards

Sir,

As per notification 238/2007 dt 30/08/2007 it is mandatory for persons who are liable for audit u/s 44AB to deliver quaterly returns in computer media(CD ROM 650 MB). My query is it mandatory for those assessees who have not deducted TDS during the quarter to file E-TDS returns?

Is there any particular software available in the e-filing website for filing the returns or should we fill the said form (form 26Q etc) and deliver the same in the computer media?

Dear Sir,

I have a doubt the following is the situation:-

The invoice amount is for 100 Rs, In our books we charge withholding tax @10% thatb means the invoice amount is now Rs110/-

Now Rs100/- is given to vendor & on that service tax is charged.

The excess Rs 10/- also do we have to charge Service Tax.

Sir and also please give me ref to which act or section you got the data from.

Thanks,

Amit