Dear experts, a co s running under loss and the co has issued dividend for the preference shareholders. and it has been validates by a CA. now that equity shareholders of that co s questioning d auditor. How can an auditor justify d report? any sections r provisions relating to that?
Please someone suggest me... What is Applicable in May 2014 Exam Of Taxation Paper..? What Are new amendments for the same..?
Dear experts, an llp is dissoluted as there is no business happening. all d procedures related to mca is done. but at d time of its incorporation it was registered in a sub-registrar office. wat has to be done to cancel that registration? which forms has to be filled and where do i get it from? ur suggestions are valued a lot.
Sir,
My pan card has been lost. For getting new card in my new addrress what will I do. Please help me.
What is the advantage of doing CA & CS togather if student is interested in practice? is it advisable to do so???
Mr X was done TDS @ 1% as 194C instead of 194J. Can he claim deduction on net tax payable?
I filed the returns for the FY 2012-13 on 28.02.2014. Now i want to revise the returns. Is it possible to revise the returns now.
if the turnover is below 1cr the income declared should be higherthan 8%.
As per the regular books of accounts maintained:
(as per the profit and loss account)
my total turnover is Rs.75.00 lakhs
Expenses before dep dr to P&L Rs.(68.05) Lakhs
Depn on computers debited @ 10% (Rs.0.80) Lakhs
(book value 8.00 lakhs)
Net profit as per P& L Rs.6.15 Lakhs
(after all the expenses and dep debited to P&L)
Question:
In statement of Income computation sheet
Net Profit Rs.6.15 Lakhs
Add: Dep @ 10% dr Rs.0.80 Lakhs
--------
Rs.6.95 Lakhs
Less : Dep allowed 60%Rs.4.80 Lakhs
--------
N/P chargeable to tax Rs.2.15 Lakhs
whether the section 44AB is applicable because the ultimate N/p rs.2.15 Lakhs falls below 8%.
or
44AB does not apply because the n/p as per P&L Rs.6.15 Lakhs is 8.20%
can i submit the above return without 44AB.
SUPPOSE " A " COMPANY HAS BORROWED LOAN FROM " B " ( NON RESIDENT ) THEN IN THAT CASE IF INTEREST IS PAID ON THAT LOAN THAN AT WHAT RATE TDS SHOULD BE DEDUCTED ?????????
WHETHER IT IS APPLICABLE @ 30.09% OR WHAT???????
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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