Harvinder singh
31 August 2007 at 11:21

FInance related query

For which purpose, Forex reserve is used?

Harvinder singh




F-Greena
31 August 2007 at 10:32

Illustrative book on IFRS and UGAAP

Please sugeest good book


Sunil
31 August 2007 at 10:20

urban area

i want ot know from where exactly we have to calculate 8 kms for the purpose of calulating cpaital gains in respect of agriculture land

please provide me the notification in respect of urban areas notified by the govt


venkithari
30 August 2007 at 20:36

income tax Act

Does Sec 40A(3) apply to acquisition of fixed assets on which depreciation is claimed.

Cost of the asset is not climed as expenses but only the depreciation is claimed.In such a case what should be reported in tax audit report.

In Taxman's ready reckoner 2008-09,in Page A-109 in para 49.3.3 it is mentioned that Sec.40A(3) is applicable if an assessee purchases a depreciable asset.

Kindly clarify.


venkithari
30 August 2007 at 20:35

Fringe benefit tax

An assessee has incurred car expenses of Rs.40000/- in cash and disallowance is made as per the provisions of Sec40A(3).
Should FBT be paid on this amount or not?

Experts opinion is sought.


venkithari
30 August 2007 at 20:31

income tax

Does Sec 40A(3) apply to acquisition of fixed assets on which depreciation is claimed.

Cost of the asset is not climed as expenses but only the depreciation is claimed.In such a case what should be reported in tax audit report.

In Taxman's ready reckoner 2008-09,in Page A-109 in para 49.3.3 it is mentioned that Sec.40A(3) is applicable if an assessee purchases a depreciable asset.

Kindly clarify.


Sindhu

What can be done to account for the errors made in the previous year's auditted balance sheet?
If the balances of sundry debtors, creditors , bank balances are wrong how can it be rectified in the current year?


Sindhu
30 August 2007 at 20:08

ERROR ON PREVIUS YEAR'S BALANCE SHEET!!

what can be done to account for the errors made in the previous year's auditted balance sheet?
if the balances of sundry debtors, creditors , bank balances are wrong how can it be rectified in the current year?


varun batra
30 August 2007 at 18:06

Article ship after cpt

Recently i Have Heard That the training Period Between Cpt And Pcc is going TO be Canceled. Insted of this Institute iS coming With A new Scheme In Which 3.5 years Traning Will be Reduced to 3 years And Article Ship will Start After Pcc..So is there is any one Having Idea Regarding This NEw Scheme Then plz do Tell me...


Yogesh Rathee
30 August 2007 at 17:27

Applicability of cenvat credit

Dear Sir,

Could you please explain me about the following matter:
if any manufacturing concern having income from letting out of property and charging service tax on the same and paying service tax on the showrooms it had hired for his business.

can the company take the cenvat of the service tax paid on rent and other services like telephone etc.

please provide me the information.

Thanks & Regards





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