I am working in a private com...
1..what to do of preliminary exp? it should be written of in 5 years or in one year or as per management decision ?TREATMENT FOR COM.LAW AND FOR INCOME TAX..
2. Traement of depretiation should be as per income tax or com.law ?
3. we have to prepare 2 REPORTS...i.e as per income tax and company law?

A society was registered in 1997 in a University for the purpose of promoting the cause of science in Punjab . Since then it gets a compiled balance sheet and income & expenditure account from a CA. It had never filed ITR. Sometimes its income over expenditure exceeds Rs.2 Lacs.
Now it is receiving a donation from abroad for the free education of children. So, they applied for a PAN and received the same.
Now, what to do????
They should apply in form 10A now or when should they apply for???? Should the society had to pay taxes in the past? Should they had to get the audit report in form 10B.
Plz reply as it is very urgent.....

can anyone list a few websites which could offer online chapter-wise tests for ca-cpt dec attempt?
thank you...!

EXPLAIN ME WHEN APPLICABLE SEC-194J ON DIRECTOR FEE

Sir,
I have registered for my IPCC course through direct entry by taking a DD of 11000 rs which includes ATC also.So,When registering for my articles should i take another DD of rs 2000?
Or Is it included in the first DD itself?

Hi

I am yet to reg for articleship. I got my forms filled and the stamp paper dated 28/09/2013. My principal is looking for an auspicious day for signing the forms. Will the delay be reflected on my date of joining articleship??

Dear Experts,

Some person has various buisneses, he wants to gift one of his buisness to his son, can he do so if yes what is the procedure, formalities he need to follow and what will be the tax implications?
Thanks in advance

can any one tell me the process for taking transfer after 1 year of completion of articleship and how much time it will take to complete?

I have received bill of legal expense as on 07.10.2013 which relates to September and it is dated 30.09.2013. When i am required to deduct TDS? at the time of payment and to include in December quarter TDS return?? In accounting entry date will be bill date or date on which i received bill???

we are importing goods under high sea sale agreement.
suppose,..goods purchased amount is 18 lakhs and sale amount is 30 lakhs..
1. Is there any provision under high sea sale provision that we have to disclose only 2% profit on sale amount.
2. PURCHASE AMOUNT MUST BE EQUAL TO SALE AMOUNT AND 2 % PROFIT SHOULD BE SHOWEN SEPARETELY ?
i.e. 18 lakh is purchased and sell amount ...and 2% profit (90000) should be shown separetely.
3. described me accounting.