one of my friend want to do IT File for loan purposes having income from retail grocery busiess. My question is as per section 44AA is it compulsary to maintain books of Account.

In pgbp, method of accounting is relevant for computing taxable income. so if cash system is followed, how will depreciation be treated ? and also miscellaneous expences not w/off ?

hi sir.. i have done my b.com from CMJ university (Meghalay).
some people said to me tht this is not a recognised or valid university for CA direct entry scheme.

plz tell me is my B.com degree doesnt have any worth :(

Hai my name is suresh,i have completed my CA IPCC both groups in nov12 attampt and joining in the articalship.i sent my all certificates to icai for articalship registration.But registration is not compleated.I have received the letter from icai that you pay Rs10000 towards final registration for our further auction and also send ITT cource compleation certificate.
IS IT COMPULSARY OF FINAL REGISTRATION FOR
REGISTRATING ARTICALSHIP.

PLEAS GIVE ADVICE.
THANKS.

Suraj Enterprises is a manufacturing concern and has a 15% block of plant and machinery with a WDV of Rs. 15,00,000 on 1.4.2012. A new machinery belonging to the same block worth Rs. 1,60,000 is purchased on 1.9.2012. Suraj Enterprises forgets to claim additional depreciation on the said machine in the P.Y. 2012-13. Is Suraj Enterprises entitled to claim the additional depreciation in the P.Y. 2013-14 when:- A) the machinery is put to use in the P.Y 12-13 on 3.9.2012. B) the machinery is put to use in the P.Y. 2013-14 . please answer in detail.

sir,
Can you please tell me the calculation of gratuity.

Dominos pizza are charging VAT @ 14% and service tax @ 4.5%. Since home delivery is free what service do they charge? And why is VAT rate so high?

sir, can u please tell me how should we calculate tds and service tax amounts when work contract tax is involved.

(1) For how many times I can give attempts of IPCC exams or How can I continue after five consecutive attempts as per rules ?

(2) Whether experience as "Employee" (not articled) in CA firm can be count in place of Articleship training ?

one individual has income below exemption limit for the FY 2011-12. bank has deducted TDS on his income in 11-12. now dt. of return filling for belated return is gone. now how can I file return? & what is penalty under income tax act in this case.
Is this compulsory to file income tax return if we have PAN?