Hello, Sir
I am CA Final Student and want to do Actuary can I do this?
Is there any Problem?
What is the Future of a Person who is CA and Actuary?
There are three snario:
1) Expenses booked under the head rent during April ,2008 and TDS deducted on the same at the time of booking the expenses but deposited during April 2009.
2) In the above case the assessee has depoisted part of TDS on due date and balance during April , 2009
3) In the above case only CESS and Surcharge remains to be deucted during April ,2008 which has been deducted on 31.03.2009 and deposited ON 07.04.2009
What will be tax treatment in all above cases.
Sir/Madam
Under what head the following has to be shown, Current Assets or Loans & Advances
1. TDS/Advance Tax
2. Retention Amount/With-held Amount
3. Deposits like Telephone Deposit, E.B. Deposit,etc
And also whether these items will be considered for calculating "Current Ratio"?
A company has acquired plant and machinery, in the py 2006-07 eligible for additional epreciation u/s 32. however company did not take additional depreciation in the PY.
can the company now claim additional depreciation?
is there any provision or judgement which says that additional depreciation can be claimed in the initial year of its acquition only??
I have passed CA PCC.I have completed B.Com F.Y. in june 2007.I want to complete B.Com from IGNOU.what is the duration for that?Am I eligible for registering for M.Com?m not getting any information on IGNOU website.pls tell me all details.its urgent
Answer nowDEAR SIR/ MADAM
AN ASSESSEE WAS DOING DURING THE YEAR 2008-09 36,00,000 AND HE WAS OFFERED NET PROFIT 61,000 N.P. RATIO IS 1.69 HE IS COVERED UNDER SECTION 44AB OR NOT
TAX AUDIT MEANS ONLY TURNOVER ABOVE 40LAKHS OR TURNOVER ABOVE 40LAKHS BUT N.P. RATIO IS BELOW 5% WHAT IS CORRECT. PLEASE TELL
THANKS IN ADVANCE
Respected Sirs ,
One of my clients rcd show cause u/s 271(1)b of the act , after rcving we realised that notice was served u/s 143(2) on the wrong address and returned back . since notice was not served in limitation period at the right address , we didnt attend scrutiny proceedings , assessee filed affidavit stating no notice has been received . AO says he will issue show cause u/s 148 . my question is ...can a show cause be issued u/s 148 , when initiation ( by issuing a notice ) of proceedings is commenced u/s 143(2) . can he start 148 before completing 143(3) . His issue is he cant complete 143(3) cos we have challenged his notice and not attending . i told him 144 is a better choice by taking us as assesse in default . Any advices ?
Dear All,
One of my client (Individual) had paid for installation of electricity transformers, ownership of which was transfer to mseb immigiatly. Now the subject matter is that, whether is it treated as capital or revenue expenditure?
If it is treated as capital expenditure at what rate depreciation is to be charged?
can any one suggest me important books for CWA final Stage four having subjects as follows:
(1) Advanced Financial Accounting and Reporting, (2) Business Valuation Management, (3) Cost Audit and Operational Audit and Ethics, (4) Cost Audit and Operational Audit and Ethics
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA with Actuary Course