Sir,
I want to know the procedure for calculating MAT.
In what case MAT is calculated

waiting for reply

thanking you
vaibhav

Can i file a income tax return for ay 06-07 now?

1. Today i saw a newly incorporated companys master data in mca portal in that authorised capital is 100000, paidup capital is 0. my doubt is whether should i file the form 2 or any other e-form now.

2.What is the procedure for issuing the shares for other than cash.

As relate to PVt LTD Co Stat Audit, I find in Accounts, TDS receivables Accounts from 2004.05 onwards and the company has not even collected Form 16A Forms and not set of with Tax payable or refundable.
Now for 2007 08 stat audit we want to clean of these accounts, How do I close these TDS receivable accounts which the client did not set off in prev years and not even having Form 16A supportings and the company also do not collect now and is interested to close the accounts.

Will there be any tax implications.

Please advice me by sending mail to maheshkulkarni29@gmail.com and thanks in advance.

hi,,,, i am a student of PE-II shifted to pcc in may,2008. Pls tell me when i wil have my final attempt due?

Sir,

Iam working in a Ayurvedic Hospital. We bought a camera in Hospital A/c for Rs.25000/-. I want to know the Depreciation rate for taking in Balance sheet.

Thanking you,

As per Return of Income filed by the assessee (Approx):
Income Tax 7,50,000
Interest U/s 234A;B & C 2,50,000
Total Tax U/s 140A 10,00,000

Return Processed by the Assessing Officer:
Income Tax 15,00,000
Interest U/s 234A;B & C 3,00,000
Total Tax 18,00,000

my question is how to adjust the tax & interest i., Rs. 7,50,000/- & Rs. 2,50,000/- how to adjust againest liability of Rs. 18,00,000/-.
Any notification/clarification in this regard.

Regards
Suresh

Can anybody give me the new notification dated 30.05.2008 for change of CST rate from 3 % to 2 %.
Thanking you in advance.

can u plz tell me..
is it necessary to give a hard copy of Quarterly return of TDS along with Computer Media.

Hai friends,
One of my client imported raw material in 2000 from uae and filed end user certificate in 2000 itself. Now on 14-03-2008 customs department issued show cause notice u/s. 28(1) of the customs act for short levy of duty. My question is whether is there any time limit for issue of show cause notice and can we directly reply that it was a time barred one.