Guest
This Query has 3 replies

This Query has 3 replies

06 April 2008 at 22:04

C A MODULE

HELLO........
ARE INSTITUTES MODULES FOR THEORY SUBJECTS ARE ENOUGH....PLEASE GUIDE ME. MY EXAMS WILL BE DUE ON NOV08....


vijay
This Query has 5 replies

This Query has 5 replies

06 April 2008 at 21:44

Relating to Transportation

Sir
I am confuse with Above 750 for individual consignment and Above 1500 for Gross

Please Guide


sanjay jaju
This Query has 2 replies

This Query has 2 replies

06 April 2008 at 21:43

vat on goods destroyed by fire.

whether under maharashtra vat act, vat is to be paid on goods destroyed by fire on claim received from insurance company. ca. sanjay jaju.


vijay
This Query has 4 replies

This Query has 4 replies

06 April 2008 at 21:39

Director - Relative Sec

Sir
if there is one Listed Co. and one NBFC Co.
The Real Uncle son of Listed Co. Director is the Director of the NBFC Co. and the said NBFC Co. give finance to the listed co.
Wht is the responsibility of the director of listed co. towards this

Please guide


CA Atul Jiwarajka
This Query has 3 replies

This Query has 3 replies

06 April 2008 at 20:49

pcc study duration

i want to know the time required to study for pcc examination.
are 3 months enough for studying the entire course.
if more than 3 months are required then how many months leave should i take from articleship


MILAN KUMAR BERA
This Query has 1 replies

This Query has 1 replies

06 April 2008 at 17:56

core accounting

can anybody tale me what is core accounting? in detail.


vishnukant
This Query has 3 replies

This Query has 3 replies

06 April 2008 at 16:20

GTA liability when arise?

Hi all,
My Question is that when GTA's liability arise?
on time of payment to transporter or when amount of transportaion being credit to transporter?
pl do reply


vijay
This Query has 1 replies

This Query has 1 replies

06 April 2008 at 12:46

Recovery of Fringe Benefit Tax

As per the Income-tax Act, 1961 FBT paid on ESOP's can be recovered by the employer from the employee. The same would not be taxable in the hands of employer

I'm of the view, that the recovery of FBT on other fringe benefits should also be not taxable in the hands of the employer on the following grounds:

1) FBT is not an allowable expenditure for the purpose of computation of the business income.
So, when an expenditure is not allowable for the purpose of computation of business income anything recovered towards the same should not be taxable.

2) Moreover the FBT recovered from the employee would not be treated as tax paid by him for computation of his tax liability.

Kindly give your opinion on the above.


ICSI ICAI ICWAI
This Query has 10 replies

This Query has 10 replies

06 April 2008 at 12:36

Income Tax Return wrong payment

Hallo
I have filed a return for A Y 07-08 with tax Tax payment But unfortunatly I have assumed Standerd Deduction of Rs 110000 instead of Rs 100000 so tax liablity should increase by 1000.
I have filled return on 31st march 2008

So what will happen now/What should I do now
1] Revised retun is not possible because filled on 31st march?
2]Pay Tax with penalty ie 1000+2%+penalty ?
3] wait for notice?
4] any other way?

Please suggest
Thanks
Omkar


M.Sathish Kumar
This Query has 1 replies

This Query has 1 replies

05 April 2008 at 19:56

Accounting Treatment

Hello Sir

One of my client taken a loan from ICICI bank Rs 500000/- but they received only Rs.488000 and odd figures. As I inquired about the difference with my client, he said
its a loan processing fee....

tell me whether it is right or wrong... If so, how should i pass entry for the same...

Its urgent please reply asap

Thanks in advance!!!






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