Ganeshbabu K's Expert Profile

Queries Replied : 11000

You can reach me at ganeshbabu.tax @ gmail.com

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AMIT JOSHI says : CHANGE IN MEDIUM-: Hindi To English
Dear Sir, I am an Accountant, 28 year old, have experience of 10 year in my field. I have done my graduation first year in Hindi medium or rest of all in English medium. Problem is that i m very keen to learn English and I love to speak or learn English. I have registered my self to appear cpt- June 2016. I have doubt that I will face problem in Writing Ipcc exam in English. pls refer best suggestion to make my writing skill effective in English...

parimal kar says : ITR-4
an INDIVIDUAL RUNS A GORCERY BUSINESS.iF HIS SALES TURN OVER IS RS14 LAC.INVESTMENT UNDER 80C,RS150000.hOW MUCH EXPENDITURE IS ALLOWED TO TO GET THE NET INCOME SO THAT INCOME TAX PAYABLE BY HIM IS MINIMUM.NO BOOKS OF A/C IS MAINTAINED

Jaya Shankar says : SRO NUmber issue
Hi Sir, May name is Jayashankar and I enrolled for my IPCC May 2016. Till date I did not received any confirmation from SIRC Chennai. When I called them yesterday about my registration letter and study material, they started giving me a different SRO number from my CPT. Now I am confused, because they are not giving proper reason for a change in my SRO number. Please suggest. Jaya Shankar +919036003601

PRASHANT SHARMA says : QUERY REGARDING FILLING FORM MGT-7, MGT-9 & AOC-4
Dear Sir, Please guide me regarding this. The actual Scenario is: i) Company's principal business is Tour and Travel agency. COMPANY DID NOT CARRY OUT PRINCIPAL BUSINESS DURING THE YEAR, SO TURNOVER IS NIL. Ii) HOWEVER, during the year, Company received commission and consultancy fees (from REAL ESTATE BUSINESS) of Rs. 7 LACS from other company in which its director has significant influence which has been shown as OTHER INCOME in Balance Sheet. iii) Now the point is that, I have been informed that as per new act, other income should not be projected as turnover of the company and regarding the same a)while filling turnover details in FORM MGT-7 , should we give amount details of OTHER INCOME or should we fill Rs. 0 in the column. b) if required to fill the details, what business code should be provided in MGT-9, MGT-7 & AOC-4. PLEASE HIGHLIGHT THE SOLUTION. REGARDS,

R.RAJESH says : re registration of articleship
sir , i completed my 1 year 9 months of articleship in hyderabad now i am taking termination due to reason of transfer of parents, my question is after getting permission from icai my re registration of articleship i can do in hyderebad also or were the place we relocated ? reply sir