Can Public Trust is required to get permission of Charity Comissioner to Write off Debtors or Wtire backs Creditors, if yes then under which section in Bombay Trust Act,1950?

Good morning all

i have started my own practice in gurgaon. i want to know the guidelines for having Board outside my office,namely size of board,its contents

thanks and regards
Ca.Gaurav Makkar

Dear Experts,

My father is suffering from heart disease, his heart works only 30% and he has no mediclaim policy and PAN. Monthly medicine & Lab. expenses about 5000/-. And yearly medicine & Lab. expenses nearly 1,50,000/-. Now my question is my brother and me both are claim 15,000/- in u/s 80D? Does my brother’s HUF is also claim 15,000/- in u/s 80D?

Regards,

Navin M Patel
09328855100

In a Manufacturing Co. Can we claim credit of-
1. Vat on the oxygen Cylinders/Gas purchased
for industrial use,
2. What about the Excise Duty, can we have
the credit of the duty if shown by the
supplier in his invoice,
3. If claim cannot be taken, should we take
VAT & Excise in our books?

Thanks.

I have done numerous statutory audits but this is my first internal audit. So I dont know the extra steps which should be taken on every particular area.
However, I am doing internal audit of a leasing company for the period 1/4/10 to 30/9/10. So i need to know what extra steps do i take to verify the rental income for the same.
Also, this company has changed its accounting package on 1st July 2010. So, half the entries are in one package & half the entries in other package. So, i have to perform an internal control system audit as well. So, how do I proceed for this?? can i have the checklist for this as well??

Is the value of an asset (stocks, MF holdings, real estate, agri land, house...etc) shown as market value or cost value, every year on the balance sheet. I mean if one had bought a plot for say 1Lac in 2000, do i need to show the same value in my balance sheet of every year and until i sell it or do i need to update its value every year in my balance sheet. Also for an asset transferred as gift or inheritance, do we show on balance sheet, the cost value at which it was bought by the original buyer or the market value at the time which we got it as gift or inherited. Thanks in advance!

Our company is a public company (State Government Undertaking). There are total 11 directors on our board out of which 10 are Nominee Directors. To the best of my knowledge provisions of retire by rotation is not applicable on Nominee Directors.

My question is that, how many directors are liable to retire by rotation at each AGM.

Hey friends, i hv done my graduation and am working right now and will be continuing same for next 3 years after wch i will do my MBA
So, can you provide some list of 6-12months recognized coresponding courses in finance wch i can do right now
provide complete details which course, from where, etc

Any one please explain how relief u/s 89 available to advace salary. As advance salary relate to future years how we can calculate relief based on future salry slab which not known in the year of receipt of advance salary.

Eg. In FY 2009-10 My salary is Rs. 3 lacs p.a. and I have received advance salary Rs. 5 lacs of 2010-11 how relief is calculated? Because if entire advance salary Rs. 5 lacs taxed in FY 2009-10 tax slab will be higher than if it would have taxed in FY 2010-11. please advise?

Is Political Assesse need to submit return file u/s 139(1) even if he income is not under taxable slab limit?