VAT QnA - Page No 13838

Dear Sir,

Director is given declaration as on 27th feb, 2013 and the board meeting is held on 20th march, 2013 and passed a resolution that the effective date of retirement of the director is 27th Feb, 2012 shall it is possible ?
and when i have to filled form 32 the which event date i have to write 20th march or 27th Feb ?

Anonymous

22 April 2013 at 16:03

Reg bad debts

HI, I WANT TO KNOW DIFFERENCE BETWEEN RESERVE FOR BAD DEBTS AND PROVISION FOR BAD DEBTS..
WHEN WILL A CONCERN CREATE PROVISION OR RESERVE IN ITS BOOKS AND ALSO ITS OVERALL IMPACT ON FINANCIAL STATEMENTS.

THANKS IN ADVANCE.

Anonymous

22 April 2013 at 16:02

Income tax

I want to know whther :
1. Excise duty paid.
2.Interest on Excise duty paid.
3.Compensation paid for breach of contract.
Can be claimed as allowable expenditure under PGBP.
If yes,then under which section.
If no,then which are the expenses that can be
claimed from the above three and in general list of expenses.

Plz help out.

Anonymous

22 April 2013 at 15:46

Period of accounting

Where exactly has it been mentioned that financial statements should be prepared for the period April to March??
Is it necessary or can we choose some other period?

Anonymous

22 April 2013 at 15:46

Reappointment of m.d.

Ours is a pvt. ltd. company in which M.D. was appointed for 5 years and the same expired in the year 2012 and we have not passed any resolution for reappointment. Now we want to increase there remuneration what are the necessary forms or resolution that we are to file and whether we need to intimate it to ROC also.