Easy Office
Easy Office


Nijo Joseph
27 July 2009 at 18:02

FBT

Pre- operative expenses which are capitalised liable to FBT?


Satvir Singh
27 July 2009 at 17:49

Balance sheet of ITR 4

I want to know if there is no assets, no liabilities and no capital, can we mark balance sheet schedule in ITR 4 as N.A. or NIL. If not, how can we treat it?

This is a case, in which whole income is from insurance commission, where no expenditure is shown. Is filling ITR 4 correct?


yashodhara
27 July 2009 at 17:40

PF received

I have withdrawn PF, will it be taxable?


Venkatraman KP
27 July 2009 at 17:20

Ph.D

Please let me know any University in India where Ph.D can be completed on distance education mode.


Vidya
27 July 2009 at 17:20

TDS Return

I have a query on TDS Return

In the TDS return if the challan details are mentioned separately for each and every deductee i.e. for eg in one challan amounting to say Rs.10,000/- there are 5 deductees of Rs.2,000/- each and in the TDS Return if it is mentioned that 5 challan and 5 deductee with the same challan No. If we add 5 challans the total amount will be Rs.10,000/-.

Kindly clarify whether this is acceptable by Income Tax Department. Incase if not acceptable then how to file revise TDS Return.


Komal Gupta
27 July 2009 at 17:19

Revenue Recognition Sales

Hi,

Can someone tell me what all documents to refer for point of recognition of sale.

Actually in case of domestic sales, we consider the point of despatch as revenue recognition point.What is the logic? Is it correct as per IFRS and Indian GAAP?

For export sales, for CIF sales, we reverse the sales for which Bill of Lading is not yet made. I want to know the correctness and logic for this as well.

If someone can urgently respond on this, thanks


CA CS PRASHANT
27 July 2009 at 17:15

Lease Land

land is in dispute (dealt by High
Court). But sale deeds are clearly specified in our name. Advocate
informed us the source document to recognize the asset in our books is
sale deed. Hence we can recognize the asset in our books with a notes
on accounts indicating dispute on land at High court.
My question is whether i will so that land in my books of accounts if yes what will be the treatment.

Another qouestion what will be the profit or loss if i court final decision will go in my fabour or not and say the treatment


its Neha
27 July 2009 at 17:12

ESI

CAN YOU TELL ME ALL ABOUT ESI, HOW IS IT BENEFICIAL TO EMPLOYERS, EMPLOYEES, WHAT IS TO BE DONE REGULARLY AFTER REGISTRATION UNDER ESI ACT?


Balaji
27 July 2009 at 16:58

Profit on sale of asset

Profit on sale of an asset, to the extent of the depreciation charged off till the date of sale is to be credited to P&L and the balance credited to Capital Reserve.


IS THIS CORRECT??? Where at all in companies Act do we find such a provision??

Kindly help me out!! and fast!!


Sankar Chakraborty
27 July 2009 at 16:55

tds

Please let me know whether surcharge & cess would be applicable on tds w.e.f 1st oct'2009 as per budget proposal ?