What if i make the following planning to avoid disallowance u/s 40A(3)???

Instead of crediting cash I credit the expense to any of my employee's account and then pay him cash in instalments of less than Rs.20,000???

Unabsored Depreciation can be carried forward for the next year.In the Act it is said that it will be deemed as part of that year Allowance.

if this is the case What is My profit of the business?for example

if Currentyear profit before dep is 1000 and dep for the current year is 500.Unabsored Dep is 200.what is my profit of the business?As per Act it is 1000-500-200?Am I Correct?

If this is correct then I have to take this amount for calculating 10A Deduction.

10A deduction=Profit of the bus*Export Turnover/Total Turnover.
Here profit of the business is whether 1000-500 or 1000-500-200?

please reply your comment at the earliest so that i can take decision to complete Tax Audit

can anyone tell me whats the current provisions for NPA PROVISIONS on various advances advanced in accounting for banks and relevant provisions relating to november pe2 2007 exams?
Thnx,
mukesh agarwal

for the calculation of EPS what are the cosideration to be taken.


IMP Que : is there any provition to take cosidetaion of no of preference shares

( total no of shares equity + preference ) ???

m a little confused regarding the levy of FBT on Internet Charges....can we relate it to telephone expenses??....wat if we get our telephone bills which includes the internet expenses???

mr X an individual and commission agent of an NRI and he is rendering services in india onbehalf of NRI on the basis of agreement executed by NRI ( in between NRI and Commission agent)
he is receiveing commission in convertable foriegn currency . Whether it is export of service or not ?

What all are required to do while conducting TRANSFER PRICING AUDIT?

Whether TDS deductible on total amount including Service Tax or Income part only

Hi
Plzzzzzzzzzz
Tell me how to learn income tax effectively for PE-II exams in Nov.07.
&
Also some thing about Cost accounting.

Please clarify, how is the Turnover calcualted in Share Trading - F&O and Options. Also clarify open position held at the financial year end, is disclosed in the B/s.