Meenakshi Sharma
25 May 2009 at 16:03

ITR Forms applicability

Hi There, My question is on ITR forms, is this only applicable to salaried people?


narayan
25 May 2009 at 15:45

Regarding wealth tax

dear sir/madam,

my query is
mr.A is proprietor of small scale industry , his net worth is more than 25 lacks, but he registered all his assets under company name.
my question is,whether is he need to pay the wealth tax? whether wealth tax is applicable other than individual and HUF? if yes under which section?


Dhanraj
25 May 2009 at 15:43

Help me out

Sir/Madam

Could you please give me information on 'RBI Guidelines for Foreign Export Recievables/Dues' or some source therof.
Please help me out.

Thanks


CA-ASPIRANT


Hello Sir,

Please let me know the following terms

FUND

FINANCE

FINANCIAL MANAGEMENT

please distinguish among all the above terms.

Thanks a lot.


Namdev Dhongade
25 May 2009 at 15:07

treatment of discount

can u tell me about discount? which one method of the following is more usefull.
if gross salse is 100
Less :- discount 4
Net sales 96
Vat @4% 3.84
Gross sales 99.84

OR
if gross salse is 100
Vat @4% 4
Net sales 104
Discount 4
Gross sales 100


rajesh

SIR,

AN INDIVIDUAL ASSESSEE RETURN FILING LAST DATE JULY OF EVERY YEAR BUT AN INDIVIDUAL ASSESSEE PARTNER IN A PARTNERSHIP FIRM HIS FILING DUE DATE IS WHAT ITS JULY OR SEPT PLEASE TELL AN RULE IN THIS CASE. THANKS IN ADVANCE


RITU GARG
25 May 2009 at 14:31

confirmation of fixed deposit

Do the bank give confirmation for fixed deposit held as on 31.03.2009.please reply as soon as possible


Vishnu Aggarwal
25 May 2009 at 14:27

Depreciation

Dear sir/Mam

We purchade A DG set of amount 1.22 crore date 14-05-09.and we running (put to use) to it 20-06-09. know my qutation which date we start depreciation by SLM methoed.

Vishnu Aggarwal
9971294488


RAM SAINI
25 May 2009 at 14:23

stock register

we are not managing the stock register daily production wise
we are prepraing it by despatch wise we are taking the one entry for input from production and taking one entry for despatach accordingly
we are not updating the daily stock status

is it the right process according to the excise to take the one total entry in the stock register for the one shipment from the production when we received the whole quantity from the production and taking the despatch entry when we despatch it
or it is mandetory to update the register daily production wise

pls advise


Nupur Sharma
25 May 2009 at 14:23

Splitting cash payment dissalowed?


Section 40A(3)before amendment said that "Any payment exceeding Rs 20000 and made in cash on a single invoice on a single day will be disallowed for deductions"

However, with effect from april 1, 2009 the word "Aggregate" has been added to avoid splitting of cash payments.

My question is that if an assessee made cash payments exceeding Rs. 20000 on a single day to a contractor (in the year 2004-05)but receipts were taken by the assessee on split amounts...then will the exenditure be disallowed???
Wat contention shoud the assessee give to avoid this disallowance?

Can anyone provide me with some case laws on this issue.






CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query