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P.V.HARINDRANATH
26 December 2007 at 16:57

Entertainment Tax Regarding;

Sir,
Please advise me about the Entertainment tax and the applicability to the 3 Star Hotel industry, as we are planning to conduct disco with high class buffet on the 31st New Year Eve Ball, and we are planning to issue some tickets petaining to the same.(Cost includs, entry, food, liquor,etc) Please advise me ASAP.
Thanks & Regards
Harindranath Menon


jagada
26 December 2007 at 15:50

ICAI & IGNOU MoU

i've joined for B.com in IGNOU under the scheme for CA students. Can this course be considered eligible(after completion of such B.com) for joining CS?


BRIJ KUMAR GUPTA
26 December 2007 at 14:17

DEDUCYION FOR HOUSE RENT ALLOWANCE

PLZ RESOLVE MY DOUBT

CAN A SALARIED EMPLOYEE GIVE RENT TO HIS RELATIVES WITH WHOM BLOOD RELATION IS THERE
IT MEANS CAN A SALARIED EMPLOYEE CAN CLAIN DEDUCTION FOR HRA IF HE IS SHOWING RENT PAYMENT TO HIS PARENTS

PLZ SOLVE

THANKS


Paresh Vaidya
26 December 2007 at 14:11

About Capitalisation

Please tell me how to make Balance Sheet Which enrty mainly Trasfer to P&L A/c & If pissible please sent me easy Excel format for Making Balancesheet format

Thanking You,

Regards
Paresh


AMIT SHARMA
26 December 2007 at 14:05

section 44 AF vs sales tax and income tax

Hello Freinds,

I would like to know if a retailer show his income under Section 44 AF and does not maintain any record, his total receipt does not exceed rs. 40 Lacs in the previous year and he shows 5% profit.
Now my question is, his item is sales taxable and he is required to furnish sales tax returns quarterly then for that purpose what record he should prepaired to keep away the sales tax department and income tax department.

Please let me know



Thanks in advance


HARISH ARORA

Dear All,

If any person file individual return form-2(e-return) for the asst. year 2007-08 on 31-07-07 but he have not digital signature and he paid all income tax liability on 20-07-2007.But he submit form V(acknowledgement) with I Tax dept.on 24/10/2007 than Income Tax dept.,would be treat with assesse.

harish


CA Hemant T Dewani

co op crdit society given followin srvices to its members
1-dd commission
2-prossing chargers
3-valuation of gold charges
4-building donation/bld fund
5-light bill com.from electricity board
whether co op crdit society are liable to service tax or not


harshit

our employee withdraw Epf from company, on that how much amount will be taxable as per Income tax.

what is the exemption limit?

In what section it was available in IT recknor?

plz sir


Rohit Mishra
26 December 2007 at 12:32

complusury acquisition of shares.

is there any way by which a company can acquish(take) the shares from its sharesholders without the shareholders wish ? the applicable section and the treatment regarding this is bonafide act in the view of law and as well as companies shareholders ?


SUNIL RATHORE
26 December 2007 at 12:28

depreciation

hello,

my query is relating to the scrap value of fixed assets. facts are given below :

our company is following the depreciation rate of 31.67 % by SLM method with a scrap value of 5% on EDP assets.
one of our assets(laptop) given to an employee for his personal and official use. after 4 years he has resigned. what is the value we should recover from him ?






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