In Co. X there are 7 directors, out of which 2 are also directors of another pvt ltd company (Total strenth is 2). No transactions took place between these two company. Can pvt ltd co. comes under the defination of subsidiary.

Dear Sir

we purchase from local party against D2 Form and made indirect export
so please tell us where we show it in quaterly sales Retun Form vat R1.

Please tell us where we show it in which purchase form like LP 1, 2, 3, 4, 5, 6, 7 8 9 10

Dear friends,

I require entire list of Ward , Circle, Range e.g.list of whole ahmedabad.

As pre section 80C payment to Public provident fund upto 70000 is exempt for one year. In PPF a/c one withdrawal allowable is permitted for one year from 7th year.

If one make deposit Rs.10000 and withdraw 12000 from the PPF a/c during one calander year say financial year 2007-08, can he claim 80C exemption. Whether withdrawal from PPF a/c is taxable or not?

Dear Sir,

How to incorporate Euro EEFC Bank A/c & Rupee Bank Account in Tally 7.2?

Also provide guide for Inventory entries in Tally 7.2?

XYZ company gives sales commission to its dealears,tax is also duly deducted.My question is if sales order is obtained by the dealer through a third party,and whatever chrges he pays to that party is recovered from the company,will this payment be considered as commission?Is the company responsible for deducting the tax at source?

hi .have got myself registered as an article from 22nd of april 08 .presently doin a correspondece diploma course from icfai .got my last exam of this course on 27th of april .Should i fill in form 112 and send it supposing i clear and finish the course the results of which will be publishd in a months time ??Wht do i do if i dont clear this time ..i would writing next in september .PLz send in your views.Then again i hope icfai has won the legal battle it had against ca .

X a public ltd (holding company) purchased goods worth Rs.5 lacs from Y a subsidiary Co. Is it necessary to obtain permission from Central government u/s 297
kindly explain.

Hii.. all


I want to ask about insurance claim income.. suppose i will get a Accident insurance claim for rs.350000.00 so, all of this amount is taxable or non-taxable ?
and TDS deducted in FY 2006-07 so, can get refund TDS amount now or not ?

plz hepl

Krishan Aggarwal Sir,

I have not clear accumulated Depreciation

generally entry of depreciation is

Depreciation a/c dr.
To Fixed assets

but ur entry for accumulated is

depreciaton a/c dr.
To Accumulated Depreciation

then this is for which fixed assets how we know

or this has been done on 31.03.2008 or mid of the year also.

please give me the detail knowledge about this.
waiting for ur reply
thanks