CA Tejas Andharia
14 July 2010 at 14:08

Disallowability

I want to confirm one doubt.

As far as i have interpreted the act, i under stand that - "If cash exp. Incurred in excess of Rs. 20,000/- and it is capitalized then also disallowable under section 40 A (3). In the same way, if amount is liable to TDS u/s. 193, 194A, 194C, 194H, 194I and 194J and tax is not deducted at source and that amount is capitalized, then depreciation is also not deductible on proportionate basis."

Kindly express your views with relevant provisions of these sections.

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Mukesh Kumar
13 July 2010 at 18:07

I need a Salary Slip

Hi everyone
There is a nice weather in Delhi.
I ned your help.
Please make a salary slip for the F.Y. 2010-11.
The net amount after all the deductions should be Rs. 40000/-.
Conveyance Allowance - 800 p.m.
Rent Paid - 7000/- p.m.
Basic salary - up to you
any other allowance - up to you
LIP - 26000/- in one year
Turion Fee - 800/- p.m.

Thanks
Mukesh Kumar
Delhi

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MOHAMMAD
12 July 2010 at 18:39

Section 45

Can anybody Elabrote me the Transfer Personal Assets in Stock in Trade

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Anonymous
12 July 2010 at 18:36

appicability of sec 297 and 299

X is pvt limited company.Y is semi government organsiation i.e. MMRDA. Now MMRDA has appointed nominee directors on the board of the X. If some contract needs to be entered into by X with MMRDA pertaining to services provided by MMRDA. In such case whether nominee directors shall be considered as interested in this resolution as per sec 297 and 299 of the companies act,1956.

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Vivek Soni
12 July 2010 at 15:09

Form H related information

my Q is i am registerd under mvat Act2002 in maharastra state, i have purchased goods from Rajastan and directly export from kandla port(gujarat), whether it will any effect on tax in maharastra state and whether maharastera state considered as export. other point is who will issue form H.

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KRITI MEHTA
12 July 2010 at 01:01

Departmental accounts

im really confused about when to calculate opening stock reserve in departmental accounts.
In some questions it is written
Opening stock ( at cost to concerned departments)
in some
simply opening stock
in some
opening stock ( at cost)
in which case we calculate opening stock reserve?
Also in some questions in the absence of any information opening stock reserve is not calculated and in some we calculate stock reserve on Closing stock - opening stock.
im really very confused pls help me out and explain me this concept.

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Rahul
11 July 2010 at 22:17

Cash Flow Statement..

Suppose A Company HAs 200000 as provision for Tax on Liability side of and has 230000 as Advance Tax On Asset Side of earlier years Say from 1996-97 to 2002-03...,,,nd nw th company is a loss making co...nd no chances of revival


If th company write-off advance tax against provision thinking no refund will bw obtained and pass th following journal entry...

P & L A/c. Dr 30000
Provision 4 Tax A/c. 200000
To Adv. Tax 230000

What will b its implication on Th operating activities cash flow?

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santosh
11 July 2010 at 21:57

Article ship leaves

How many leaves can a articled student can avail in his whole period of 3 yrs?

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sudhakar kumar

Sir Builder demanding flat 2.5 % service tax on pending payment. But flat 90% completeded,So if service tax will be applicable on balance work than how i can give the right data to builder there is any servayor/architect who will give the certificate for the completion of work and same to be given to bulider to save the service tax. Plz tell how i can save my service tax and what is procedure because builder not saying anything and demanding service tax on pending payment not on balance work.

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Niladri
11 July 2010 at 08:55

Range/ Division

How to find the applicable Range & Division for the office address?

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