WAT does MOCARO states REGARDING THE ACCOUNTING RECORDS UNDER COMPANIES ACT ??

i've completed 15 mths of articleship training & am currently on leave for 3 mths. am i entitled to stipend during these months

Can anyone provide me info on ITO range / ward jurisdiction in Andhra Pradesh / Hyderabad (like which area falls under which ward) for filing return of income.

What is "beta" in CAPM of Financial Management? How shall we used in problems in exams? I want to know in detail? Pls.......

i have paased cpt in aug 2007
started training on 20 th october2007 as per registration letter ...
my attempt for pcc will be may 2009 ..!!!
QUES) when can i give ca final papers
a)if i give both grps in may?
b)i give 1 grp in may n other in nov2009 ?

Sir i have a small doubt on the entry that has been posted!!!

Suppose, mat provision is 70000 and income tax provision 50000 ,mat entitlement to be carried forward would be 20000.

The year in which tax becomes payable as per mat ,shudn't the entry be

Income tax a/c dr 50000

mat entitlement dr 20000

To Income tax provision 70000

In next year subsequently the provision can be reversed too

Sir could u please clarify

Sir i have a small doubt on the entry that has been posted!!!

Suppose, mat provision is 70000 and income tax provision 50000 ,mat entitlement to be carried forward would be 20000.

The year in which tax becomes payable as per mat ,shudn't the entry be

Income tax a/c dr 50000

mat entitlement dr 20000

To Income tax provision 70000

In next year subsequently the provision can be reversed too

Sir could u please clarify

Sir i have a small doubt on the entry that has to be posted!!!

Suppose, mat provision is 70000 and income tax provision 50000 ,mat entitlement to be carried forward would be 20000.

The year in which tax becomes payable as per mat ,shudn't the entry be

Income tax a/c dr 50000

mat entitlement dr 20000

To Income tax provision 70000

In next year subsequently the provision can be reversed too

Sir could u please clarify

Hi all,

Kindly resolve the following query:

A Company deducts tax from source (TDS) where applicable as per law, at the time of making payment to parties/vendor. The same company also gives advance to some of its employees in order to carry out project activities. Here, the project staff after taking the advance executes the project work and thereafter submits all the bills for settlement of advance. It has been observed that some types of payment made by the project staffs attract TDS. So, in these cases the company is not directly dealing with the vendors. Now, my question is ----
Can the project staff deduct TDS on behalf of the company like the company is deducting tax while paying directly to the vendor?

Please specify the related provisions of I.T Act if applicable to above query.

Thanks in advance.

where to show Premium on Redemption of Debentures in the balance sheet?