If the Company has invested in units of mutual funds during the year and redeemed all units as well during the same year (i.e. there is no opening and closing balance in the said account for the year) whether the same should be disclosed under Current Investments in the Balance Sheet as per Revised Schedule VI.
Whether quantitative details are required even though the amounts will be nil for the previous as well as the current year

Dear All,

I am salaried person but due to strange financial constraints, I decided to my part time business. I want to register a company with one of my friends house and he is agree for that but i cannot run a business from there as it is his house and i also live far from there. I live at another place.

My concern is that I do not want to open office because i cannot afford right now and another thing i do not do any correspondence from my friends house for my business.

I want to do my correspondence from one of my cousin home. both location comes in residential area.

Kindly advise how to do start my business and get registration for TIN / Drug Licence. At least, how should i write these address at my letter head and visiting card.

I want to my business as free lancer since i am salaried.

Very Important question, can i mentioned correspondence address at letter head where i live without registration of this with FDA Bhawan.
PLEASE HELP.

Thank You!

Regards
SHYAM SINGH

Hi,
my name is Sushil,

I want to know that, i have got 50.47% marks in my graduation, and 66% in my PGDBA( post Graduation in Diploma in Business Administration. From Symbiosis Center Of Distance Learning (Pune) .

After having below 55% marks in Graduation and 66 marks in Post Graduation, in distence learning, weather i am qualified for Direct entry for IPCC?

I am CA final year student and I have registered for CS course in March 2013.Is it necessary to submit Form 112 to ICAI?

hey i'm CA student and i'm really interested in learning to invest in shares and stock.

But i have no prior knowledge in the subject and i have never even tried to invest in the capital markets.

I would like some to advice me on where to get the necessary knowledge to start to invest in shares i.e. 1st i would wanna know where can i learn the basics from and which company's shares are more reliable and once i've learnt it, how to analyze the market trend and learn to invest in different types of investments like the futures, options and derivatives.etc

And once i've acquired the knowledge how to actually start investing.

Thanx in Advance..

In a previous query I asked whether Service Tax to be deducted on Insurance Commission. The answer received is that the service tax to be deducted @12.36%.

If that is a case then I would like to know whether I have to file the return or not? If so what is the procedures?

Thanks with Regards,


S. Venkatesh

1. What is exempted income in ITR 2
2. My saving bank interest is Rs.9000/-and PPF interest is Rs. 55000/-. Are these interests exempted. Which ITR form should I file.

Sir,

partners contribution as per llp agreement 100000.

further llp agreement has been drafted in such a way that current account be debited or credited with drawings or money brought in, share profit and remuneration payable and that the balance in current account at year end be transferred to capital account so that when the next year opens the current account has nil opening balance.

so does this mean that capital account increases or decreases by current account balance?

how does this affect filling form 8 and form 11?

if current account balance is positive, obviously capital account will increase because of such transfer; in such a case do we have to file with mca that the capital has increased?

please advise

I have filed the income tax return for individual client today.( the acknowledgement has still not been posted to Central processing cell). Now i need to revise the same due to some updates received from the client.

Whether I should file the original return ( since i have not posted the Acknowledgement and will not forward the same)or the Revised return ( and post both the acknowledgements)

Thanks

In last financial year I have earnings as follows
apr2012 to 10 sept 2012 -consultant income abt 3.5 lacs

10 sept 2012 to 31 march 2013- salaried employee income abt 6.5 lacs

apr 2012 to 31 march 2013 - another business income abt Rs. 65,000.00

Can anyone advise how to go abt bifurcating total petrol expense and car depreciation as car was being used for business as well as salaried job.Thanking in advance