Gajendra
14 January 2009 at 16:16

Education cess on wealth Tax

why education cess is not being imposed on wealth tax...??please explain with logical reason behind the same.....!!!!


Tilak Agrawal
14 January 2009 at 15:51

MAT and Defered tax

sir/madam

can u plz answer following query--

Which/all of the following we need to add (+) in Net Profit for arriving at book profit for calculating MAT.

--Provision for FBT
--Deferred tax liability
--Provision for Electricity Bill Payable

Which/all of the following we need to add/deduct (+) /(-) in/ from Net Profit for arriving at book profit for calculating Defered tax Liability/asset.

-- provision for FBT
-- Provision for Electricity bill payable
-- Provision for MAT
-- Rent Received in Advance (as it amounts to temporary difference because it is not credited to P/l A/c due to Mercantile system of Accounting BUT taxable as per Income Tax Act 1961)


Tilak Agrawal
14 January 2009 at 15:49

MAT and Defered tax

sir/madam

can u plz answer following query--

Which/all of the following we need to add (+) in Net Profit for arriving at book profit for calculating MAT.

--Provision for FBT
--Deferred tax liability
--Provision for Electricity Bill Payable

Which/all of the following we need to add/deduct (+) /(-) in/ from Net Profit for arriving at book profit for calculating Defered tax Liability/asset.

-- provision for FBT
-- Provision for Electricity bill payable
-- Provision for MAT
-- Rent Received in Advance (as it amounts to temporary difference because it is not credited to P/l A/c due to Mercantile system of Accounting BUT taxable as per Income Tax Act 1961)


survesh
14 January 2009 at 15:44

capitalof proprtor

sir
if a partner has a propriter firm and transation has been made for partnership from propriter what points sholud be checked while finalaziaton of prop capital ac


survesh
14 January 2009 at 15:21

capitalaccount

sir if the partners of x firm gives chq for fd for a new firm (y) the amount drawn can be debited in their x partner capital ac or accounted sepratly under current asset side


naman
14 January 2009 at 15:15

which module for opt in NCFM

hi..
I m in trouble & confused to which module(s)should i opt in NCFM as i m a cpt background student with a year of articleship training i m aware of basic information related to stock markets & also would like to know that, does institute allows me (as i m also a B.Com student) to do this course & get certify under NCFM


Sarika Agarwal
14 January 2009 at 14:31

Sub division of shares

Ours is a private limited company. The nominal value of share is Rs. 10/- each. Now the company wants to increase the nominal value to Rs. 100/- each. Kindly let me know the procedure.. Urgent Please...


Anil
14 January 2009 at 13:57

Cost account

Hi!my name is anil.What is MINIMUM RE-ORDER PERIOD and MAXIMUM RE-ORDER PERIOD?


Amol Katare
14 January 2009 at 13:37

Audit of Two Wheeler dealership firm

Hello,
I have to carry out the audit of 2 wheeler dealership firm.(Partnership firm)
PLZ suggeest the areas to audited.


Shailesh
14 January 2009 at 13:14

Bad Debts

31/12/07
debtors-10000
pbd is to be created - 2000
31/3/08
actual bad debts - 3000
31/7/08
bad debts recovered - 2000
whay entry would you pass in book of accounts ?
forgot date






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