for ex-i have paid the self assessment 10000 for f.y 12-13. Now in the a.y 13-14 an intimation order u/s 143(1) came which demands me to pay more tax of 20000. NOw in the a.y 13-14 can i treat 20000 as an prior period item !
I am an individual. My turnover for the P.Y. 2012-13 is Rs 40L. Whether I will have to get my books audited u/s 44AD if I declare my income less than 8%.
A pvt Ltd company is formed in november 2012 & till date no share are alloted or share application money received...now share holder wants to introduce computers & other fixed asset instead of cash deposit... my question is whether he can do so? if yes what is the procedure.
what is the procedure to issue physical share certificate? whether stamping is compulsary?
SIR, We are showing all transaction of UNSECURED LOANS (in both payment and taken) if it exceeds more than Rs. 20000/- during the financial year even if all the transactions are done through BANK under Section 269SS & 269T. BUT some say that it is only required in case of CASH transactions only. Please throw some light in this regarding.....
2)While Showing Repayment Amount, Interest on Loan Amount Paid is also added or not?
3)If only Interest on Loan is paid more than Rs. 20000/-( without any repayment of Loan), then it is required to show under Section 269T or not?
4) If we paid Rs. 95000/- in cash by bifurcating into Rs. 19000/-(i.e. 19000*5), is it required to show under the section? is it disallowed or not as we have paid it in cash? If we have paid Rs. 25000/- in cash to pay the loan, will it be disallowed or not??? Sir, Please make clear all these points and throw some light on SECTION 269SS & 269T....
Please...
WITH REGARDS
good morning Experts now i am in 2nd year of my article ship and i would like to join industrial training in my last year.Kindly any one of you help me regarding the procedure to join my industrial training.
who is treated as owner and deemed owner of house propety??
dear SIr,
pls tell me.
if any resolution is proposed by the chairman in general meting it is not required to be seconded?
I have started new buisness in trading Electrical Components.I have did Vat Registeration. want to know about due dates and limits of Vat Payment
I CAN COMPLETE MY GRADUATION AND I WANT TO REGISTERED IPCC DIRECTLY SO I WANT KNOW BEFORE CLEAR BOTH THE GROUP ARTICLE SHIP IS COMPULSORY OR NOT
If the present principal doesn't permit for transfer in the first year of articleship, is there an option to terminate the articleship period already served and start afresh in another firm?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Prior period item