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jayanthi
28 July 2007 at 02:00

staturtory reoprt

please can u guide me about the format of the statutory report to be filed by auditor as per section 165 of companies act.
kindly forward me a copy of the format at the earliest please


SHEEJITH
27 July 2007 at 10:42

Tax Audit Limit

The firm is arranging finance on behalf of finance company and getting commission from the finance company for the services rendered. The total commission received during the year is 17 lacs. whether tax audit is applicable for the firm? if so is there any circular/notification from the Income Tax Department


Chirag
27 July 2007 at 09:27

Income from house property

Hi Friends,

An assessee has purchased a commercial property and let it out for commercial purpose.

Whether the rental income should be shown as income from house property or as income from the business? The assessee is having other business also.

What i understood is that the department is always insist for house property income rather than business income.

What difference it makes if the assessee let out its property along with furniture

Pl. Let me know your views.


CA Gaurav Rastogi
27 July 2007 at 06:23

shedule VI

Whether Debit balance in Profit and Loss account is reqiured to be set off against General reserves or it can be seprately shown in Assets side under miscellaous Exp.
As its effect in computing Net Worth would be different .


Reena Jain
27 July 2007 at 05:41

issue of shares

can a company issue shares below its face value?
if co. can issue than what is the procedure to issue share on discounted rate?


Amit
27 July 2007 at 05:29

Salary income with stipened

I am article and get stipened. whether i can do part time job that is only on saturday or sunday basis. if yes, whether i can show this income under head 'salary'..


Amit Vasant Chavan
27 July 2007 at 02:54

Partnership


dinkar

As per ammendment in 2007,valuation mechanism in perquisite in respect of rent free accomodation.The tax on basis of population cut by old rate calculating 15% of salary.In what way refund can get by filling in I-TAX return?As there is no specific column for the same in form ITR-1.Please guide me.
DINKAR PANDYA


apurva
26 July 2007 at 10:17

Secondary Higher Edu. Cess

My query is SH Edu.Cess is applicable for excise duty.


apurva
26 July 2007 at 10:17

Secondary Higher Edu. Cess

My query is SH Edu.Cess is applicable for excise duty.







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