books of kushal shows on 1st Jan 2010
furniture rs20000.during the year a
part of furniture whose book value on
1st Jan 2010 is rs1200 has been
exchanged with another furniture by
paying additional rs 500.kushal
charge depreciation at 10% pa
the net amount of the furniture to
be shown in the balance sheet will
be?????
a 18508
b 20440
c 18396
d 18478 and how?

Assesse has 417000 income under the head salary and has one house property in Uttar pradesh on which construction loan has been taken. But dat house property is in the name of his wife and she has no income as she is a house wife. Bank has issued him a certificate for claiming deduction u/s 24(b) and 80C for interest amount and repayment of principle amount. The question is the assesse can claim these two deduction or not.

Hello.,

Is digital signature Compulsory for every return. or it has some limit criteria.

Shareholder of private ltd company sold their shares to a foreign citizen. Sale consideration will received in foreign currency from outside India.

Guide me on following issue.
1. Tax implication on this transaction, whether capital gain will taxable.
2. Guide for details procedure for the issue

Hi All,
I have all Data to fil Annexures as applicable to Developers.
But How to validated this annexures so that i should get Rem.txt file which can be upload on mahvat.gov.in website by login as dealer.

please Help Me??????

sir, I am a english medium student , I want to know that how to score in audit ipcc becoz sir last two attempt I have been attempt 80 - 90 marks papar but I have got only 30 to 35 marks. I don't know that what is weakness pls help me...

Can anyone tell me if Voluntary registration under Service tax be taken even if Turnover does not exceed 9 lacs during a year?If not any specific clause or provision for not allowing voluntary registration is mentioned under the act?

Pls can anybody tell

which bank balance is to be taken in financial statement after I have reconcile the bank in my tally from the bank statement of the concern bank, whether it is balance as per bank or balance as per company in the reconciliation mode of the tally which come after pressing F5.


That think I know that we always need to take BALANCE AS PER CASH BOOK in B/S, iam little bit confused about it.

PLS Tell me

If I make payment for my purchased to my creditors by cheque on 29.03.2014 of ₹10,000/- and he got the cheque on the same day but didn't put the cheque on the same day in the bank, but put the cheque in the bank on 05.04.2014. Then In the closing B/s of F.Y. 2013-2014 whether my Bank A/c will be showing bank bal. less than 10000 or not.

Pls answer this query by how creditor would be dealing with this cheque in his B/S.

Sir, I received a notice for arrear of demand asking to deposit rs.4000/- but as per TDs paid rs 18000/- in notice they show only 14000/-. but as per form 26AS it is showing 18000/- only. I personally visited IT office and they show me credit of only 14000/- only whereas Form 26As is showing correct fig of 18000/- generated from their own website. how it is possible. my employer is saying that he cannot file revised 24Q as it is not his mistake whereas department is advising to file revised 24q ..what to do ?? pl suggest