if i acquire an asset on hire purchase will i be able to claim depreciation on it.. i haven't incurred any capital expenditure on it... i merely pay the installments.. so will i be allowed depreciation on it under section 32 ?

Is it compulsory to mention ward cirle while efilling Itr 1.my assessee was from state of kolkata so he is alloted pan no from their.but now reside in gujarat since last 10 years.

I,CRO-0393242, have not received my article registration letter. Please can you inform me the present status of my registration letter.

Suppose ABC sales Rs. 1 Lacs materials to XYZ but sales after order confirmation of Middlemen and ABC will pay 5% on sales to middlemen but after payment cleared from XYZ.

And payment responsibility of XYZ is middlemen.

How can enter the total entry in Tally ?

One non - SSI company had sold excisable goods to mumbai party which will export the goods to africa i.e.,, deemed export (Under H Form) under rule 19 of cenral excise. Mumbai party had send us Annexure III Form CT 1 and paid provisional debit of duty amount in Bond Account. Now, my question is 1. In the invoice company send to mumbai company have to write excise amount or not ? 2. What procedure company had to do like ARE - 1 form and what else procedure/documents company have to submit in excise. 3. Company have to pay duty ?? any claim of rebate is to be done ? if then when ? Experts Please reply....its urgent.

I had a problem in getting conso file from traces that the 26Q statement of Q period had one challan and one deductee records and challan is u/s. 194C and in tds return it is mentioned as u/s. 194A. now the challan is unmatched with 26Q statement. So, technically it does not complete the procedure of crosscheck while downloading conso file (1challan 3PAN combination). does there is any solution to download the file

Dear Sir,
Hear are some details of my client -

1. profit u/s 44ad - 250000/-
2. interest from saving a/c - 8500/-
3. agriculture income - 15000/-

Whether the itr 4S can be use for above case, as there are colums are available for exempt income and for income form other sources in itr 4S.

Or I have to use itr 4 only.

Please advise me.

Dear Sir,

Can you please guide me regarding ITR 4-S for section 44 AD.


Weather Financial Details like Cash, Debtors etc. is compulsory to give in ITR - 4-S or not ?

Because we are filling without giving this details & no validation error occurs.

Thanking you in advance for reply.

Hi,
I have passed my CA-Inter in 2011 with all india rank. But somehow i am not able to crack CA-Final in one go.This may was my 2nd attempt of CA-Final. In the meanwhile,i have got admission in national institute of financial management in Post graduate Diploma in financial markets in collaboration with NSE. Its a govt.of India college approved by the ministry of finance and this 1yr course is approved by AICTE. However this is bit expensive,say round about 5lac. I want to make my career as equity research analyst/investment banker.Though the global banks wont hire me even after this course but i know something or the other is required to get into this field as CA itself is not sufficient and i dont want to pursue any distance learning course like CA,say CFA for the time being. I am hopeful that i will be CA when the results will declare this july. Can any1 provide with the guidance that should i join this course or not.Please share your views if you have heard of this course

Dear sir
How to make entries in tally on P/L Appropriation a/c
Thanks in advance