sujit dash (Manager) 28 November 2012
Request your advice on below quary.
One company paid MAT in year 2007-08 but mistakly the company not showing the mat credit available in susequent year returns.Later on the compny came to know about the error.Is it possible to show the Mat credit available in the returun to be filed for current year .Request the advice of expert with reference of case laws and the section of income tax.
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rahul kumar gupta (student) 01 July 2013
X & Y IS DIRECTOR OF XYZ PUBLIC LIMITED COMPANY. IT GIVES LOAN TO ABC PVT LTD COMPANY for construction work WHOSE DIRTECTOR IS X & Y SAME OF XYZ COMPANY. SO MY QUESTION IS THAT AS PER SEC. 295 OF COMPANIES ACT 1956, IT IS VIOLANCE OF SECTION OR NOT? IF YES HOW?, GIVE ME FULL DETAILS OF THIS CASE
raju anreddy ( ) 02 August 2013
Good afternoon sir. I have one doubt pls tell me any body
My friend got exemption in accounts group of ipcc in nov 2012 attempt he attend for may 2013 exams also but he didn't pass and also he is completed his degree B.Com with 62%. He want to converted into direct entry is that exemption also carried forward ?
Please solve this problem
Thanking you friends
SAGAR (NO) 12 August 2013
I live in a town near pune(100 kms away).My query is that should I do articleship in pune or in my town.The real problem is that if I live in my town I will earn a handsome sum of money per annum by helping dad in his business.So should I go to pune for my articleship or do it in my town.
S.Praveena (Assistant) 20 September 2013
Our company name is ABC Ltd. We get an unsecured loan of Rs. 1,00,000 @ 10% interest from X. We received an amount of Rs. 90,000 after deducting interest of Rs.10,000 by cheque. We deposited it into our bank TDS @ 10% is to be deducted on interest of Rs.10,000. We have paid the load of Rs. 1,00,000 after one year.
What is the journal entries for this above transactions.