Hi All

1.What would be deferred tax asset journal entery in account?

2. What would be deferred tax Liablity journal entery in account?

Monia

Dear Sir,
Can we pursue both C.S and M.com simultaneously with C.A? Please help...

SIR/MADAM
AN INDIVIDUAL ASSESSE RUNS A BUSINEE FOR A SPECIFIC NAME SAY LAXMI TRADER. HE GETS PAN IN HIS OWN NAME AS HE IS INDIVIDUAL. HE WANTS TO GET TAN NUMBER IN THE NAME OF LAXMI TRADER. IS IT POSSIBLE?

THANKING YOU


SAMPAD MOHANTY

kindly help me out

i have got a proposal from a bank in which they have asked me to quote the fees that i will charge for fixed assets verification can you guide me how to quote for the same
i would be thankful to all of you for helping me out

Hi

What is the effect of transaction like sale or purchase in cash Rs.20,000 or
greater than Rs.20,000.

if an Assessee Residing in his own house does not pay municipal tax or some years before Previous year & in Previous year lets out the house & pays the municipal taxes of all the previus years including current year's tax. Can he claim deduction for the all municipal tax or only of current year? Please reply soon

Hello,
I have completed my articleship of more than 2 years.During my articleship I was forced to work for more than 70 hours in a week. I had also to do the work of peon level. My prinipal always treated me as a slave during my articleship. Due to conflicts, I decided to get transfer on 09, March, 2009. I requested him to give the transfer but he assured me to give transfer after June,2009. He said me to discontinue from the office for the period of June to March. When new regulation (about articleship)came, I requested him to give transfer before 30th April, but he denied. Now he say I can not continue as I have demanded transfer and I can not get transfer as It's not possible according to the new regulation of Institute. I am in huge problem. NEED HELP.

For an Salary Employee, having self occupied House Property, paying Principal Rs. 35,000 & Interest of Rs. 60,000/- pa to Bank, where can he show these amounts ?In Form ITR-2, PART-B, Line 2 it says "enter nil if loss".

IF AN ASSESSEE DOES NOT REGISTER FOR S.TAX INSPITE OF GROSS RECEIPTS ABOVE EXEMPTED LIMIT, NO NOTICE RECEIVED FROM THE STAX DEPT. AND ASSESSEE NOW DISCOVERS THAT HIS SERVICES IS LIABLE TO S.TAX .PLEASE SUGGEST CONSEQUENCES AND ADVICES????

An Indivudual is deriving his income from Salary, he is also into Day Trading of Shares in a recogonised stock exchange and during the previous year his transactions were approximately 80 Lakhs now my questions are :-

1. In which head The income from Day Trading will come (Capital Gain, Business income or Speculative Business income).

2.Is he liable to Tax Audit U/s 44AB.

3.What is the amount that we have to write in the AIR column of ITR (i.e amount of purchases or Sales).

4.Do we have to use ITR 4 in this case.