Is it necessary to give details of Expenses such as Salary, Rent etc in the Audit Report by an Auditor?
Can the capital come on the Assets side in case of a Sole Proprietorship Business?
while making payment for professional fees whether tds is tds is to be made on gross amt i.e inclusive of service tax or only on net amt excluding service tax potion
My two year old kid collects say Rs 30,000/annum as 'shaguns' on miscellaneous family functions
*what will be the best way to reveal it in IT return.
*Being minor, is she eligible to file IT return.
*In which way the parent can best manage this amount to avoid tax.
Out of the Service bills, except one bill, It's omited to calculate Higher Education CESS @ Rate of one percentage. It has been noticed at the time of assesment (Halfyearly).
QUESTION:
01. Can we pay the difference amount now?
02. If yes do we need to calculate Interest/Penality @15% per anum (Or part)?
We registered under mandap keepers.
Thanks & Regards
Hari
SIR/MAM,
MY QUERY IS RELATED TO FBT.
A)WHETHER CONVEYANCE EPENSES ON TWO WHEELAR IS CHARGEABLE TO FBT OR NOT?
B)EXPENSES OF TRAVELLING EXP RE-IMBURSEBY TO A CA OR LAWYER.WHAT IS TREATMENT IN HAND OF CA OR LAWYER?
EG: TRAVELLING EXP INCONDUCTING AUDIT IN IST QTR IS RS 54000
REIMBURSE BY FIRM RS 50500
WHETHER FBT IS CHARGED ON RS 54000 OR
RS. 3500.
PLEASE SOLVE MY PROBLEM AND OBLIGE.
THANK YOU
Dear Sir,
Please Suggest, Salary paid to the Directors of the Company Exceeding cash Rs .20,000 is Disallowed U/s 40A(3) or Allowable Exempt from Tax U/s 40A(3)
Dear All,
Whether a Board meeting of the company as such is allowed to be held through teleconfrencing/vedeo confrencing under the respective provisions of Companies Act.
Also can a Co.registered under Companies Act is allowed to hold its board meeting outside India?
Awaiting your early reply.
With Best Wishes,
Rakesh
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Details of Expenses in Audit Report