CA SANTOSH SHETTY
09 July 2010 at 16:27

PRIVATE TRUST - ITR?

Which ITR is used to file IT return of Private trust

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Pushkar Ogale

I wanted to ask whether excess leave taken from the office is elegible for set off to the extent of excess hours worked in the office.

I m working 5 days a week 8 hours daily which makes it 40 hours. and as per institute's rule 35 hours per week are sufficient. so can I claim these 5 hours excess per week served against my excess leave taken? So that I can reduce my supplementory articleship. Please reply.

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Maulik Doshi
08 July 2010 at 17:36

GTA

My father is commission agent{transport}. gross receipt for p.y. 08~09* is above 10 lakh. he got letter from service tax authority to pay s tax. up to my knowledge if gta is individual then liability 4 pyt of s tax is of consignee or consignor. suggest whether we hv to pay s tax? gross receipt include pyt to b made to truck drivers. un gh

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Student
08 July 2010 at 10:23

CMA

hello expert,
1)For Working capital finance & finance other than WC are the same forms I to VI used?
2)Projections are to be made for how many yrs?
3)How many yrs audited B/S is required?
4)what documents are submitted to the bank for raising WC loan?
5)Which ratios are to be calculated for WC?

thnx
kirti

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Ashok

If transporter does not quote PAN No. & total billing during FY 2010-11 still below 70000, is TDS not applicable to such payment.

Thanks
Ashok Sharma

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Anonymous
07 July 2010 at 23:34

Accounting for gift

A person purchased a computer for Rs 30000. he was given a scrach card in which he won a Gold Coin worth Rs 5000.

What should be the accounting entries to be recorded in the books of the person.

Please suggest?

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Anonymous
07 July 2010 at 17:46

Proprietorship To Company

One of the Indvidual running the business in form of Proprietorship now it forms Company??
Now the question is what will be the Tax consideration in case if it transfer all his assets & Liabilities to his Pvt Ltd Company

Whether it can transfer all his assets & liabilities merely by book entry??

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PRATIK PARKHI
07 July 2010 at 16:52

VAT Input Credit

A company under audit is into the business of renting a computer.
1.Can they claim vat input credit for payment made towards repairs of motor vehicle exclusively used for business purpose?
2.Can they claim vat input credit for payment made towards staff welfare expenses,office expenses which are incurred during the normal course of business?
Regards
Pratik

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CA-ASPIRANT
07 July 2010 at 15:16

Exempt purchase in Return

Should exempt local purchase be shown in return. Give me any reference to substantiate the answer, may be instruction or other



thanks in advance

Amritesh

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Rajesh274
06 July 2010 at 17:49

Input service distributors

Dear all,

what is input service distributors?
thanks in advance.............

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