A co. already carrying on business starts a new project which will take more than 2 years.
Co. has started the project & incurring expenses but no revenue is generated whether it is feasible to charge all the expenses from profits of other business.

Is any text availble in this respect with conditions, if yes please let me know.

In case of Tax Audit U/s 44AB whether in addition to report in Form 3 CA/CB we are required to issue Statutory Audit Report if we are statutory auditor's as well.

That means audit report under 3 CA/CB is only tax audit report.

Sir,i have my last 8 months articleship pending can i apply for industrial training.What is the procedure to apply for industrial training.Please tell me which comoanies take students for industrial training in delhi.

regards
ranjit mishra

I would like to know how the valuation of an educational institution is conducted? What are the parameters which should be considered while doing the valuation and any other factor that should be looked into for a detailed valuation?

a brand valuation should also be done while doing the valuation of an educational institution?

Can a company accept share application money (pending for allotment) in excess of its authorised share capital?

How to calculate TDS on Purchase debit note in Navision.

Scenario is as follows;

Suppose a vendor who had supplied some service( e.g. job work on Raw Matl),

the

bil was Rs 100. TDS on Rs 100e.g Rs 2. So net payable amount to vendor is Rs

98.

After some time it was relaised the need to issue a debit note to the

supplierbecause of faulty job work.The debit note was of Rs.50 and TDS on this

Rs 1.

So the net amount payable to vendor is Rs 49 {100-2-(50-1)}.

So,TDS is not calculated on Purchase debit note.

Thanks & Regards.

Whether AS-15 is applicable or mandatory to Trusts, Societies, 12A registered and non profit organisations? If yes/no, please provide relevent extract of the AS.

gUD EVENING TO ALL,

IAM WRKING IN A AYURVEDIC TRUST. LAST YEAR OUR TRUST HAS RECD 180000 TWDS RENT FROM PARTY FOR WHICH THEY HAVE DEDUCTED TDS AND GIVEN CERTIFCATE FOR THAT. SOME PEOPLE SAYING THAT IT CANNOT BE TAKEN FOR TRUST . Pls advise.

WE ARE MANUFACTURER ,RECEIVING MATERIAL THROUGH TRANSPORTER AND WE PAYING HIRE CHARGES , IN THIS CASE WE NEED TO PAY SERVICE TAX , BECAUSE TRANSPORTER IS NOT COLLECTING SERVICE TAX FURTHER WE ARE NOT REGISTER WITH SERVICE TAX DEPT AS WE ARE NOT SERVICE PROVIDER , IF WE PAY SERVICE TAX , CAN WE CLAIM SERVICE TAX UNDER MOVAT AND FOR THIS ALSO WE NEED TO REGSITER WITH SERVICE TAX DEPT.

Which is the best book of Company law for practise?