Dear Sir

Please Can any one tell how to do payroll Audit. Or can u forward me notes to do payroll auditing.

Naveen
Naveen_p.rao@hotmail.com

As per law if any charitable trust made some capital expenditure for charitable purpose, it will be treated as sufficient compliance for application of income for charitable purpose as per senction 11 of the Income Tax Act.

My question is whether the depreciation provided on that assets would also be treated as application of income for charitable porpose.
and if yes, would it not be a case of double befefit of an expenditure.

As per Income TAx Law, we have to apply minimum of 85% of our income in the previous year in order to claim exemption u/s 11 (being a charitable trust)

My question is What is the meaning of income over here? Is it the Surplus as per income and expenditure account or is it the total of credit side of the Income and expenditure account? i.e. of which amount we have to apply atleast 85% - 1. Surplus as per Income & Expenditure Account. or
2. Total of credit side of the Income and expenditure account.

CIF value should include Fob value + ocean freight + insurance + Inland haulage + Inland transit insurance.

Hi Dear.. One of my friend is in UK for company's project for 2 months.
he is getting salary here and it credited to his account in india as
well he is getting per deim in uk and it get credited to his UK account.
now as far as FBT concern his company is not paying any FBT on
travelling they recover it from employee. in this case do he need to pay
any additional tax in india???

Nazir

Please send me the new Format of Form 16

I need an audit firm in and around mylapore for pursuing my articles

Pls suggest me

Before taking VAT Audit, is it required for incoming auditor to communicate with previous auditor as required under clause (VIII) Part-I, Schedule - I?

please let me know if some one has registered as article in old Intermediate course, later on shifted to PEII and cleared first group. will he sifted to new course. and if yes will he get the benefit of passing one group.

deepak

Can anybody guide me …is there a vast diffrence between cs & ca income tax paper (I have enrolled for cs new course….i intend to join
coaching for tax classes at NGPA , I was told syllabus is same……Thanks