Practicing CA

The Company started in February 2012. Upto Mar 12 they had no transactions but Directors Deposited 1 lac as capital. Hence whether Audit & Return for FY 2011-12 is required under Income Tax as well as under Companies Act?
Whether it is necessary to do audit of the Private Limited Company, if it is loss Making for FY 2012-13?
Under Income Tax Act, 1960
Under Companies Act, 1956



Anonymous
12 February 2013 at 12:41

Accounts on cash basis

Can a person make his books of accounts on cash basis for income tax calculation & make payment of tax on that basis


Haresh
12 February 2013 at 12:39

Capital gains

In case of Individual

Sale From Residential House 2,50,00,000
Index Cost 40,00,000
Net Capital Gain 2,10,00,000

If an Individual Invest in sec 54EC amounting to Rs. 50,00,000 in capital bonds before march.

And Rs. 50,00,000 under sec 54ec incapital bonds after March.

Does an individual eligible for deduction of Rs. 1,00,00,000 or 50,00,000 under sec 54EC?


Mustafa Badshah
12 February 2013 at 12:32

Service tax

If an assesse was earlier providing many types of services but has now stopped providing some type of services permanently, does he need to inform the service tax department of such change by filling some form or by writing a letter


chetna
12 February 2013 at 12:31

Guide me about flow flowchart

Dear Sir,

Please guide me how to prepare the flow chart.I preparing all subject on self basis.
I convert the PCC into IPC & i want to prepare 2nd group



Anonymous
12 February 2013 at 12:28

Deduction u/s 80g disallowed

The director of our co. has 1 HUF and 1 Charitable trust. While filing return of HUF it applied for deduction u/s 80G for the donation made to its charitable trust.
But the department has disallowed it any specific reason for disallowing the same...
please reply urgently.


ravi agarwal
12 February 2013 at 12:25

Authorised capital

sir.., i want to make a pvt ltd co., & invest about 2.5 crore ..and whether i have to have my authorised capital of rs. 2.5 crore but it cost very much in terms of roc fees and stamp duty ? is there any other way to invest 2.5 crore with lessor share capital?


kanaklata chauhan
12 February 2013 at 12:10

New company bill

CAN I GET IMPORTANT POINTS OF NEW COMPANY BILL PASSED?


ravinder
12 February 2013 at 12:08

Aplicability of auditing standards

respected sir,
can any one guide me regarding applicability of standards on auditing and advanced accounts for may 2013 exam


Thank u.......



Anonymous
12 February 2013 at 12:04

Articleship

hi sir please help me
how much time will be taken to take approval of ICAI for transfer after one year






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