1. The company is under the construction of fashion city project all the preliminary expenses are capitalised as capital work in progress.It does not have profit and loss account. now can the benefits provided to employees are liable for FBT ?

2. Can share application money used for meeting the expenses ?

3. Today am receiving input service after 5-6 years i will be providing output service. so can it be set off after 5-6 years ?

4.when does the company has to start contributing towards PPF,ESI ?

5.For one of the client i have deducted tax amounted to RS.10,00,000 (on credit basis)after receiving the bill. but still not made the payment to the party. now i dont have sufficient fund to remitt Rs.10,00,000

Case ; The assessee is engaged in the business of sub contract of labour i.e he provides labour to main contractor.

Querry : The assessee makes a contract with other small contractors for supply of labour and the contract amounts of such exceeds Rs.50000/- thus making the assessee to make a sub sub contract.
so is he liable to deduct the TDS on this contracts which are sub sub contracts

What is tax audit and the main points to be noted in a tax audit case

How can i do material audit & material analysis easly with the help of excell or SAP & other progrrame

how it will be shown in financial statement ?

Suppose the statutory Auditor resigns during the year ie before the close of the financial year and a new Statutory Auditor is appointed immediately in the special meeting then the new auditor will have to do the audit and give his report -- Right isnt it?

But suppose the original Auditor resigns after the financial year then what is the implication or duty of the new Auditor. Who should complete the audit and sign the Audit report.

Kindly advice

How can i do material audit easly with the help of excell or SAP & other progrrame

how a new student can admit himself in pcc cousrse after completing his cpt test if he has no reference Of any c.a . firm in delhi.

Plz soplve my this query.

Dear Ravi & Gul Ji Thanks for reply the query. My another query is if a CA conducts more than 30 audits. But He charged fees only from 30 audits whether there will be any breach, under any law.

querry:1) if the assessee co. has received loan from the companies under same management what should be the disclosure of the same in notes to accounts
2) if i use the premises of the co. under same management and pay rent to them then is it considered a related party transaction and how should be its disclosure