Dear sir

Pl let me know about the Bad Debts.is we need to make the provision for the bad debts, & what are the actions we need to take before accounting the receivables as bad debts. & is accounting standards specify any thing about it.

Thanking you

subramhanya H M

is there any policy of standard deduction from the marks obtained in PCE Or this is rumour???

whether loss on sale of fixed assets is an allowable expense

if not provide the section of disallowance

Has ICAI come out with a new rule that a student cannot do CA and College together..?

hi..pls tell me if a private company is going to be converted into a public company and pursuant to which there is a need to alter the MOA & AOA of the company then whether separate resolution is reguired for altering different clauses of AOA or not.And also, when we amend the articles by deleting all the restrictive clauses as applicable to private company, then is there any such provisions which need to be mentioned in the articles which will be applicable on becoming a public company.If yes then pls specify them..

Actually i want to FDR r shown in incometax return is interest on fdr is taxable or not,
if taxable in which section it is taxable

how can it calculate

Interest perk for salary purposes is calculated by taking out the difference between the SBI Rate as on 1.4.2009 and the rate which is paid by the employee.
Can someone send a document certifying the SBI Rate as on 1.4.2009.

Regards
Satish

If a person has paid reimbursement amt directly to third party instead of clearing and forwarding agent and third party supportings are available with Bill of Clearing & Forwarding Charges Bill , Will TDs be deducted on reimbusement bills as payment is directly made to them & not mentioned in Bill of Clearing agent
Please reply at earliest for tax Audit purpose

wether long term capital loss, on shares, on which STT is paid, be adjusted from long term capital gain from sale of d building????

Dear Friends,
There was a partnership firm M/s ABC & Co.
which got converted into a public ltd. company ABC Ltd.
My query on this is the firm before conversion has many unsecured loans from various parties. Now after conversion these unsecured loans transffered to the company on their balances.
Whether such transfer could be taken as violation of Sec. 269T of the Income Tax, 1961, in such a way that loan is taken otherwise than a account payee cheque?

If yes, then what is the remedy avialable?



Please solve at early as possible......