I will write my PCC exams next year i.e. May, 2010...and i am in B.Com second year...i would like to know if i can also register myself for the CS foundation exam to be held in June 2010...??

In 07-08 profit was 20 lac.
No. of shares 15,000 for 10 months, 20,000 for remaining two months as 5000 additional shares were issued for cash.
No. of shares (Avg.)= 15833 shares
EPS:- Rs. 126.32

Now, in 08-09, profit is 25 lac.
No. of shares 20,000 for 12 months
EPS:-Rs. 125

PROBLEM IS FOR THE RESTATED EPS IN BALANCE SHEET FOR PREVIOUS YEAR 07-08, WHAT IS THE NO. OF SHARES FOR 07-08 ???

whether take 20,000 shares issued for whole 12 months in 07-08, or to take 15,000 shares for 10 months and 5,000 shares for 2 months.

I have three male employee getting 20000 pm and investing u/s 80c 1Lac, one employee has invested 80000/- I have deducted the TDS and deposited the same in 3rd Qtr itself,should I mentioned the name of employee those salary are below taxable limit in Annexure II of form 24Q, for IVth Qtr return which is also annual return or only the employee for whom I have deducted the TDS.

is it necessary for a listed company to circulate/send the accounts to be approved to the directors along with agenda note for the board meeting in which the accounts are to be approved or the same can directly be tabled in the meeting itself. kindly mention the relevant section / clause also in the reply.

the reply is needed very urgently.

Why deductions of municipal tax in IFHP are given on payment basis

I am an Individual Person and wants to know Prepare my Income & Expenditure Statement. My query is:-

1. How can i prepare it ? ( formate of said statement)
2. What should be the “HEADS” which is involving in the said Statement ? Can all the expenses which are involving
in our life be the part of that Statement ?

Kindly tell whether tds will be deductible on demurrage charges and under which section . Charges are not being paid as reimbursement...

Pls any one tell me what is the minimum amt. on which we can deduct TDS fo payment of supplier.

Is there is any problem to make payment in cash 20,000/- and above to any supplier.

Pls send answer of my query in my mail ID: sanojsharma84@gmail.com.

Let Goods Costing is Rs.190/- . But Supplier Charge Rs. 197/- which is Rs.7/- excess then the original price and his bill Shown after all taxes (Excise duty 8.24% and CST 2%) Rs.218/-.

On above the Supplier charge 7/- excess in thier bill. And we book the Bill amount in our Books.
In that scenario how we deal with the excess amount, if we issue Debite Note for that than it will be for only 7/- or With taxes related with this.

sanojsharma84@gmail.com

my case relates to a company assessee whose assesseement for the a/y 2006-07 was carried out,the a.o disallowed an expenditure of freight charges on which the assessee has not deducted tds,the same was contested before the a.o that this amount was incurred by our contractor whose cold storeage the company has taken on rent for processing of meat,the contractor incurred the expenses on our behalf and through a debit note claimed the reimbursement, during the course of assessment the contractor has confirmed in writing to the a.o that he has deducted and deposited tds on the amount claimed by him in his debit note, this undertaking was also submitted to the a.o but the same was refused by him,he disallowed the expenses stating the the company should also have deducted and deposited tax on the same amount,i.e deduct tax twice on the same amount

the assessee deposited the demand of 143(3) NOW the has initiated penalty proceeding under section 271(1)(c),

sir i want to file appeal against the order will it be feasible kindly advice