My client is having a age of 85 n doing agriculture activity since from 20 years of age and till date he has not filed any income tax return yet.

so can i put the opening capital of 30 lacs or such higher figure on the basis that the income earned by him is tax free form the beginning

is it mandatory to follow sa 700(revised) issued by icai ?

Hi experts,
I wanted to ask that for the companies whose main business is to manufature & lease the assets (e.g medical devices companies,etc.), how they configure this is in the STD SAP in Asset accounting module?Or is there any other software available for the said configuration?

Respected Sir/Madam,

I am taking registration for IPCC under direct entry scheme after passing T.Y.Bcom, and I completed my ITT & Orientation program before 31st July 2013 If I am not received certificate till 31st July 2013,Because 31st July is last date of summittion For May 2014.
Then can I start my article ship for IPCC both groups. If I requested to Institute that I am submitted my certificate after 15-20 days,then Institute can allowed me to for May 2014 attempt.

I want to whether it possible to efile TDS return with TRACE portal. if yes then tell me the procedure of efilling of eTDS return with this new portal..???

Due Date for depositing the deducted profession tax

I was an auditor for the ABC -a pvt. ltd. company for the FY ended on 31-03-2012, accordingly carried out an audit and tax audit for the said year.
Recently, I have received a notice from the lawyer stating that the said company has committed any irregularities during that year and therefore the said Lawyer has asked me to give him certified copy of the Annual accounts and details - outstanding wise details - of the Items appeared under "Unsecured Loans" in the balance sheet.The Notice further states the Accounts being public documnets, if I do not hand over it will be presummed that I am also a party to the said irregularities and therefore the said lawyer will also proceeds against me. The copy of the said notice is also sent to the Registrar of the Companies.

Help Required:
Under the circumstances, I would like to know that Can an auditor give copy of the accounts to the lawyer ? Also, the ICAI's guidline about disclosure of the information to the third party, if any, may also be relevant for me. How to give reply to the said notice.

Kindly help me by giving your valued opinion and suggestion on the matter please.

Jatin

Dear Sir,
In case of partnership firm interest on self assessement tax paid in the month of June 2013, for the Ay 2013-14, would be debited from the P&L of FY 2012-13
or
From FY 2013-14.

Please advise me.

My compnay is a private company appointing MD only as per schedule XIII because our AOA is silent, then what procedures we need to follow? please guide.

I HAVE COMPLETED MY CPT.I WISH TO DO CA ,CS &ICWA.PLEASE SUGGEST ME THE SUITABLE WAY OF COMPLETING THEM VERY SOON .