Dear Sir,
Where the assessee opting sec. 44ad and he is filing through itr4, there is a column 51A in part P&L.

1. gross recipts -
2. gross profit -
3. expences -
4. net profit - this column is deactive in excel utility.

now please advise me where I can put net profit calculated @ 8%.

Thanks and Regards

Respected Sir,
May I know current opportunity for CA industrial training.Please reply as soon as possible.

Hello Everyone,
Please clarify U/S 40(a)(i) being payment to non resident & TDS thereon,if no tds deducted at the time of payment & thereafter paid from own pocket result in any disallowance(no receipt in this regard from NR forever).
Plus U/s 40(a)(ia)[to resident] the same thing any difference therebetween?
Many Thanks

In end of January 2013 or in starting of February 2013 i did registration of my IPCC on the basis of cpt which i passed in June 2010 and got modules of IPCC on the same day itself, But so far i haven't received my registration letter nor i know my registration number, i don't even have any acknowledgement slip of IPCC registration.
Please suggest something what should i do my attempt is in nov 2013.
from where i can get my registration letter??

Kindly post an effective resume for ca articleship

I want to make career in transfer pricing so tell me whether it will be safe for future ... also tell the pros and cons


thank u

In my company Balance Sheet as on 31.3.2013 i have Trade credit balance of Rs 2 Cores. and simultaneously Trade Debtors (Receivable)
is also have Rs 2.10 Cores.
My Question:
1.Can I approach My Trade Debtors to Clear his balance by Paying my Trade Creditor directly.
2. Can I Pass Journal Entry by taking a letter / Declaration by Trade Creditor & Trade Debtors.

other wise what will be the procedure to close these two ledger account ?

Dear All,

Can any body tell me that if we have repaired our fursh of Plant of about Rs.1000000 then will it be capitalised in plant and machinery or not.

We haven't writeoff our plant cost for its damaged fursh.

Why there is differece in rate of Depreciation as per Company act and Income tax Act

Thax & Regds
Santosh

Additional depreciation allowed to manufacturing companies u/s 32 be claimed only once so if the assessee forgets to claim it in the 1st year of purchase of new machinery..can he claim it once in any of the subsequent previous years ? If yes, under the same section ?