It has been usualy seen that people capitalize the first insurance of any capital asset along with it's cost...is it correct??...what i feel is that it is a period cost as it expires after the period in which it was capitalised and so it should be charged as revenue instead...what the experts say??

Sir,
Do we need to keep RECEIPT book for domestic customers and international customers? If so in which law and section please.
Thanks & Regards
Hari.

Dear All,

How foreign Co. and domestic Co. is differentiated under IncomeTax Act.Also what is the rate of tax applicable on such Companies.

With Best Regards,
RK

I haven't received my admit card for Nov, 2007 for C.A.P.E.II exam and www.icai.nic.in site is not responding.

our company one of the group company

In that company two companies are held, called "X" & "Y" Ltd

In X co., tax deducted on contractors bills& amount remitted in Bank (Rs.40,000)
for the last three months (a.y.2007-08).

now find out that contractors bills are not related to X co., related to Y co., only.

Now we are deducting the same bills in Y co and paid to bank (with interest- delayed)? or

please give me any clarification?

In x co the same amount adjusted in oct'07 tds payment?
plz urgent sir.

Dear Sir,

In case of filing ITR-4 through ITD software,in no accounts case when information is filled and then the sheet is verified the error appears that "you have filled both P & L and no accounts case information" where as I haven't filled any information in P/L account(Where accounts are maintained).

Plz provide any solution.

Thank U.

WHAT IS DUE DATE OF TAX DEPOSITION IF PAYMENT AND CREDIT BOTH MADE ON 31.3.2007

In New Delhi is are Mr Bindal & MrR.K.Mehta good for Acc ,Costing & FM resp at AOC in CP?
Or Plz tell the alternative avalaible now if possible near WEST DELHI? PLZ reply at
nupurnarula@gmail.com

NUPUR

In New Delhi is are Mr Bindal & MrR.K.Mehta good for Acc ,Costing & FM resp at AOC in CP?
Or Plz tell the alternative avalaible now if possible near WEST DELHI?


NUPUR

I remember a CA can do 30 audits (tax). Whether the limit had raised to 45 audits or not. Pl clarify.