Greg
14 April 2009 at 11:09

Registered Office Requirements

What requirements must a space meet to be a registered office? Must it be located in a particular zone (e.g. commercial, not residential)? Could a person's apartment serve as a registered office? Must it have a phone line? Must there be a certain number of employees located at it? Must it have a certain amount of square feet? Etc.


Bhadresh

Assessee earning interest income & same is offered as a business income from last so many years. Further, same is accepted by dept in earlier years. In this year, A.O. treated interest income as a Income from other sources. So plz give me a case law for this, that assessee can treat as a business income.


$AcH!n G
14 April 2009 at 10:33

ARTICLESHIP IN BIG FIRM NOW OR LATER

i am a ca final student. i got rank in both pe-1 n pe-11 and wanna to continue in final as well. till now i was doing my training in a small firm but now i have the opportunity to compute my 1.5 year training from ss kothari. but if i join them i can't take coaching classes due to outstation audits.
what i wanted to know should i join them now or it would be better to continue in small firm , getting rank in final as well and then work for same time in a big firm what would be the difference in both the options.
please suggest.


Samar Bhatia

Hi All Gurus

Our Company declared dividend of 8% for the year 1997-98, but the payment of the same was stayed by the High Court on the complaint of Financial Institutions.

We got the stay vacated in 2006 and made the payment of dividend to shareholders.

Now our Auditor is saying that the Dividend Amount should have been transfered to Investor Protection Fund within 7 years from the date of declaration.

As per my understanding the period of 7 years will be counted from the date of vacation of stay order of the High Court and not from the declaration of Dividend.

Please give replies.

Thanks

Samar


SATCHIDANANDA SABAT
14 April 2009 at 10:12

accounts

What is meant by BAB updation?


Pavan kumar
14 April 2009 at 10:11

Required information for CA course

Dear Sir/ Madam,

I am doing my B.Com 2nd year, i want to know the process of CA from degree. so let me know the process.

Pavan kumar
Rajahmundry.


narender
14 April 2009 at 10:10

GRATUITY

IS GRATUITY RECEIVED DURING THE SERVICE IS FULLY TAXABLE.....


CAN ANY ONE PLS TELL ME HOW TO CALCULATE THE GRATUITY

IS THERE IS ANY SPECIFIC FORMAT FOR CALCULATION


Deepen Keniya
13 April 2009 at 23:14

P.P.F. Deduction in Family Members

There are 4 Members in my family. Myself, My Father, My Mother & My Father as HUF.

I have PPF A/c in one bank only. no other members have PPF a/c in any other bank.

But we together ie my father, mother, My father as HUF and myself contribute Rs.10000/- each and deposit the amount in 1 PPF a/c by issuing cheque for the same from their respective bank a/c's.

My query is :
If all four family member's income is above the exemption limit, can the claim their respective amount of Rs. 10000/- as deduction U/S 80C while filing their IT return.

Note : Their is only 1 PPF A/c and Total amount deposited iS 10000 x 4 = 40000/-


PMRPSG
13 April 2009 at 22:40

banking industry

i have decided to join sidbi in this campus as asst mgr and the will be into credit analysis of the industries. can anybody whether my career prospects will be good ????is it right decision to join a dvt bank???


CA Abhishek Singh
13 April 2009 at 22:21

compulsory maintenance of BOA

DEAR ALL

IS ONE LIABLE TO COMPULSORY MAINTENANCE OF BOA IN THE FOLLOWING CIRCUMSTANCES

1) MR. X PROPRIETOR NET PROFIT IN PREVIOUS YEAR IS RS. 175000/-

2) MR. Y PROPRIETOR HAS TURNOVER OF RS. 1500000/- BUT NP OF RS. 145000/-






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