Audit QnA - Page No 25075

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Arun

02 March 2009 at 20:04

Tax Audit

Can any one please tell me , that if the turnover in the subsequent year is less than 40 lakhs , even then tax audit is required or not?

parimala k

02 March 2009 at 19:20

Exempted Services

Hi everybody....

is there any exempted services against taxable ?

please provide me that list of services.

best regards.,

venkatesh.

MANOJ CHOUDHARY

02 March 2009 at 18:55

Sec (35-D)

Can any one explain a list of expenses which are allowe under this secon income tax 35 D (3)

premal

02 March 2009 at 18:22

cash discount on invoice - Vat Gujarat

I would like to know where the cash discount applicable -- before vat amount or after vat amount?

Example-1

Rs. 100.00 Net Sale Amount
Rs. 005.00 Cash Discount
Rs. ______ Vat Amount ?

Example-2

Rs. 100.00 Net Sale Amount
Rs. ______ Vat Amount ?
Rs. 005.00 Cash Discount

Which is correct? please advice me?

shreekant

02 March 2009 at 17:50

Can we adjust Salary Income against Unabsorbed depriciation

Hi! Guys

Iwant to know that can v take salary Income against adjustment of Unabsorbed Depriciation.
plz Suggest.....

shreekant

02 March 2009 at 17:49

Can we adjust Salary Income against Unabsorbed depriciation

Hi! Guys

Iwant to know that can v take salary Income against adjustment of Unabsorbed Depriciation.
plz Suggest.....

PRAHLADBHAI

02 March 2009 at 17:34

Adjustement of Short Term Loss on Shares

Hello,

I want to know whether as per Income-tax laws is it possible to adjust Short-Term Capital Loss on Sale of Equity Shares agaist Short Term Capital Gain on Sale of Land.

If yes plz give me reasons with income-tax provisions.

plz reply as early as possible

CA Satheesh M V

02 March 2009 at 17:32

Part time practice

Hi,

ICAI member with part time COP can not do Attest function.

What is covered under attest function?

Member with part time COP what work he can do and what are the works he can still continue to do?

Shreyalmuri

02 March 2009 at 17:32

Depreciation u/s 32

Hi All,

My client has bought 5 REVA cars (electricity cars).
Now he wants to charge depreciation on them for the FY 2008-09. So, I need the rate od deprication on Electric Cars as per Income Tax Act 1961.

Regards,
Sree :)