can articalship start without doing ot? if yes what is the process.

Respected Sir,
Please suggest me on the following Query of Section 40(A)3 of income tax act-1961

As Per Section 40A(3)(a) of the Income-tax Act, 1961 any expenditure incurred in respect of which payment is made in a sum exceeding Rs.20,000/- otherwise than by an account payee cheque drawn On a bank or by an account payee bank draft, shall not be allowed as a deduction .
My query on this section is as follow:-

Is this Section 40(A) 3 applies on Depreciation on Fixed Assets which is
purchased in Cash above 20000?


If the answer of above question is yes, then can we claim Depreciation on that fixed assets in subsequent year or not?


Let’s assume that we have incurred a expenses of Rs. 30000 and received the bill of same amount but we made payment of Rs. 15000 at once and another 15000 at another date then in that case if this section applicable or not?
Is this section applies on capital expenditure (Which is allowed as
deductible) under income tax act?

Please tell me the last date of submitting the cs executive examination form and fees for both module for dec 2013 examination.

A manufacturing company follows SLM - Single Shift method for calculating depreciation on its Plant & Machinery since its business commencement, which was few years ago.

What will be the procedure required to be followed if it now decides to claim Double / Triple Shift Depreciation on eligible items of Plant & machinery and other eligible fixed assets?

Note: The company works in Double / Triple Shift throughout the year.

Please reply ASAP.

Whether the ST on house keeping is claimable in manufacturing industries

If a director of private limited company having paid up capital above 1 crore, is paid consultancy fee then will central government approval be required. circular of MCA 05/06/1975 says it is applicable on supply of service and not on personal service isn't director service personal in nature also also section 309 on director remuneration is not applicable to private company which override sec 297 therefore shouldnt director remuneration be exempt from approval of central government.

our firm after few month eligible in excise so can i received cenvat credit befor the excise number

One of my client has issued C form to his supplier but, they've misplace the same.

Somebody suggested to my client that he has to get an Affidavit from his supplier for issuing Duplicate C Form

If anybody is having the format of Affidavit for issuing duplicate C Form please forward to my mail id : bsrbng69@gmail.com

WHETHER HOUSING LOAN DEDUCTION IS AVAILABLE TO HUSBAND & WIFE SEPARATELY FOR TWO DIFFERENT PROPERTIES IF BOTH ARE REPAYING LOAN AMOUNT SEPARATELY? WHAT IF BOTH ARE CO-OWNERS OF THE PROPERTIES?

sir... my ipcc registration is not done till today. At 14-6-2013 I submitted my form along with DD to banglore branch ICAI. I called chennai office but they are not receiving calls. I sent email to chennai office but there id reply. what can I do .....please give me any specific information which ICAI chennai respond us quickly.........thank u