GShankar
24 January 2009 at 13:50

Preliminary Expenses

1)
Expenses incurred before incorporation in relation purchase of land and its related expenses-payment of salries to employees and payment to consultants for drawings in relation to construction of building.

2) What are the expenses which need to be clasidied as Preliminary expenses.Does it include payment made to conlutants for design and drawings for construction of building.


CA supriyo saha
24 January 2009 at 13:47

questions to enrich knowledge

how a company should make provision on 31.1.09 for the sale promotion activity for which the bills will be submitted on 15.2.09. as per my opinion the previous trends i have to go through and then i have to make provision accordingly.


basant sharma
24 January 2009 at 13:46

scruitiny selection

ihave a filed income tax return of a civil contractor showing net profit 5% for A Y 2007-08. The turnover iswas Rs1.25 cr.It is not covered by section 44 AD.As per scrutiny norms for the relevant a.y.if the n/p is above 5% and turnover is above Rs 1.00 cr,it will not be selected for scruitiny. The case filed by me fullfills the above requirements.But,it has been selected for scruitiny. What is reamedy.how can i challange this selection


Jayul Danecha
24 January 2009 at 13:45

capital gain

transfer of prop. business assets to pvt. ltd. co. attracts capital gain in the hands of prop. if consideration payable is standing as unsecured loans in the books of pvt. ltd. co...? what r the conditions to be fulfilled for exclusion from capital gain?


deepak Kumar yadav
24 January 2009 at 13:40

provision for taxation

plz tell me the entry of Provison for taxation in accounts ans effects of entry in PnL Balance Sheet. if adavce tax made during the year we have to make any adjustment with Provision for taxation in Accounts


deepak Kumar yadav
24 January 2009 at 13:39

provision for taxation

plz tell me the netry of Provison for taxation in accounts ans effects of entry in PnL Balance Sheet. if adavce tax made during the year we have to make any adjustment with Provision for taxation in Accounts


Gautam
24 January 2009 at 13:14

TCs

Will any body will brief me on TCS mainly on sec.206(1C)....


Gautam
24 January 2009 at 13:11

TCS

Will any body will breif on TCS mainly on sec.206(1C) who is liable to collect??


PRANAVI
24 January 2009 at 11:51

Qualification for IPCC

Actually the qualification for IPCC is:
1.Passing CPT
2.Completion of +2

I Hav a doubt, that a student who had directly completed graduation course without doing +2 in other than commerce back ground is eligible for doing IPCC.


venubabu
24 January 2009 at 11:49

plse clarify my doubt

I am working as a Accounts Executive,
I've one doubt that is in my company we are started a contruction of factory. for that pupose we are issued a chq to the contractor. Ho to post this entry.






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