Which book is good for ipcc accounts law and costing Fm.

if father gives gifts to his daughter whether such gifted amount is tax deductible?

Hi,

I understand that the provisions of Section 297 of Companies Act is not applicable if the paid up capital is less than Rs.1.00 cr. at the time of entering into contract.

In the following years, the Company has increased its paid up capital beyond Rs.1.00 cr. and the above contract is still in existence without any modification to the original contract.

Subsequently after 5 years, the contracting company is to terminate the contract and at this stage the paid up capital in morethan Rs.1.00 cr.

Experts, please advise, whether the RD approval is required for terminating the contract where the paid up capital is more than Rs.1.00 cr.

Regards,

D.Mahesh

Sir,

We are a manufacturer of steel bars in Kerala,We have purchased a motor from Kumar agencies (our creditor) functioned in Kerala.They purchased the same motor from marathon electric functioned in Kolkatta and directly delivered to our location.The first seller issued a tax invoice with Central excise and CST .In this invoice the name of buyer is Kumar agencies and the delivery location is our location.
Our creditor has issued an invoice to us for the same goods.While filing sales tax return we have entered our creditors invoice no and amount.Now Our creditors asks for C form.We are hailing in same state.Then how can we issue C form.I expect a favorable reply.

Regards
Shyamlal

Dear All,

Dear All, Can anybody provide me the Draft MOA/AOA for Providing training and education in hardware and software for a Pvt. Ltd. Company.

Regards.

when articles students hav to complete GMCS course.. please tell me complete details about GMCS

May I follow mercantile basis of accounting for professionals (practicing doctor) not covered under Tax Audit.

Dear All,

I would like to know that i have paid Rs.30,000.00 per month to a employee from 01 April 2013 to 30 June 2013 & no tax deducted on his salary. Now i have calculated tax on his salary for the year 2013-2014 & divide in nine equal installment. Would u please clear me will i have to deposit tax with interest for the period 01 April 2013 to 30 June 2013 or i can deposit tax without interest in nine monthly installment?

Thanks in advance.

How ppl do many course like CA+private B.COM,CS,ICWA at one time, if icai not allowed them. And why icai allowes cs executive pass student directly in ipcc, and icsi allows CPT pass student, these two things is confusing in their part. 1)-if somebody want to do, how to do without breaching regulation 65 & 78 of icaig,as they dont give permission for more than one additional course. 2)- if not allowed by these icai & icsi, then why they allowing direct entry , i dont understant the logic behind it. 3)- what if somebody doing CA internship and giving ca & cs exam together and after ca internship completing cs training, what's wrong in that. whats wrong with institute's.

I have sold my residential flat in F.Y 12-13 for Rs.25 Lkhs which was purchased in F.y 2001 for Rs.10 Lakh.& I purhcased new flat out of that How to calculate capital gain & how to show in IT return