What are the exception of FBT on Advertisement Expense? A hording publishing on Road is liable for FBT ?

A Share broker owning Bolt also doing Intra day Trading. can he is eligibal to show it as STCG where its turnover exceeds limit prescribed u/s 44 for Tax Audit.

Whether he comes under the ambit of tax Audit u/ 44 AB and to treat as business income.

Pls Advice.

A Share broker owning Bolt also doing Intra day Trading. can he is eligibal to show it as STCG where its turnover exceeds limit prescribed u/s 44 for Tax Audit.

Whether he comes under the ambit of tax Audit u/ 44 AB and to treat as business income.

Pls Advice.

I havt to make an invoice to my customer in Mumbai, but the goods have to deliver in Delhi at its another office.

Now my query is that whether i have to charge VAT or CST and at what presentage.

The Goods is Computer equipment.

Please send me the journal entry for converting the capital asset to stock in trade.

hai
my client invests in LIC Mutual Fund for Rs. 100000/- in the name of his spouse
can the clent claim it for filing his Return of Income

A provision of Commission to a Non-executive director is made in the annual accounts of a listed company for FY 08-09. In this connection, pl reply the following queries:

1. Commission is ascertained at the time of finalisation of th B.Sheet; Will the same be the taxable income in the hands of the director for AY 08-09 or 09-10?

2. Under which head of income, such commission wlll be grouped?

We (deductor) have deposited excess TDS in excess of the amount actually deducted or due to reversal of Entries in the books of accounts in a quarter subsequent to filing of return of tds.

Is there any provision related to no proper maintenance of books and accounts in branch or not periodic submission of books & accounts by branch to HO?

Whether revenue stamp is required to be affixed on salary register or payment voucher when it is paid through the cheque?
does it makes any sense if the cheque is not a account payee cheque?