Anonymous
09 September 2014 at 15:25

Sec. 40a(3)

is depreciation disallow, if instalment of car is more than 25000 and instalment paid in cash



Anonymous
09 September 2014 at 15:17

Articleship

Is K K Goel & Associates , Karol Bagh a good firm to do articleship ?



Anonymous
09 September 2014 at 15:06

Gift tax

Mr. A and Mr. B are brothers. Both have a Property. Both exchange the properties with each other. The difference in valuation of above properties exchanged with each other comes to Rs. 1 Crore.(Mr. A's property was of rs. 25,00,000 and Mr. B's Property is of Rs. 1,25,00,000 )
What can be the tax implication and how can it be saved under various options?



Anonymous
09 September 2014 at 15:01

Car tyre expenses nature

Dear Experts,

ABC LTD have a Car purchased 2 years back AND today incurred Rs. 9000 for its new tyre purchase,I want to know that said expenses fall in which category whether it is a revenue expenditure or its a capital nature expenses.



Thanks


anju soni
09 September 2014 at 15:01

Sec. 264(2) of companies act 1956

as per sec 264(1) evry persn proposd as director (regular/additional/alternate/person filling casual vacancy) is reqird to file his consent with the company. whthr additional/alternate director or director filling casual vacancy is requird to file his consent with ROC u/s 264(2) whn he is so appointed ??


jitendra
09 September 2014 at 15:01

Rates and taxes

what types of exp we can club under group rates and tax I know only one wealth tax ...pls suggest some exp head whcih we account under rates & taxes


Sakshi Mittal
09 September 2014 at 14:59

Extension date of tax audit report

sir i cant understand what is the issue in extension of date of filing tax audit report. i have read various articles that income tax audit report cannot be filed before filing the tax audit report. so the extension of only tax audit report is not giving satisfaction to cas plz explain what is the link between tax audit report and income tax audit report. tax audit is applicable to companies, firm whose turnover exceeds 1crore. than what is this income tax audit report and how it is related to extension in date of tax audit report plzzzz explain...



Anonymous
09 September 2014 at 14:51

Applicability of er-4,5,6 and 7

Dear All,

I would like to you that, my client has paid Excise duty above Rs. 1 Crore (PLA+Cenvat) in the financial year 2013-14.

When should he file the ER-4,5,6 and 7.

Is it from 01.04.2014 or from 01.04.2015.

ER-6 will be monthly, so that I guess is from 2014-15, but confused for ER-4,5 and 7.

Thanks



Anonymous
09 September 2014 at 14:46

Preliminary expenses

What is the journal entry for capitalization of preliminary expenses?

If it is Preliminary Expenses Dr
To Cash/Bank


What is the logic behind affecting cash/Bank account for the expenses which are incurred before the incorporation of the company?
What if at the time of incorporation of the company, the firm doesn't have a bank account?


jitendra
09 September 2014 at 14:40

Service tax exp ( rcm )

we had paid servie tax on tranportation pls let me know where it should be club under group rates and tax or other exp






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