In some of my clients in form 26as the status of booking of the amount(Q-1) shows M & even the amount of the same quarter remarks it shows B (with minus sign against the tds amount.Please inform me that what does M stands for in the form 26as. As B stands for contacting collector.

Dear sir/mam

If a NRI wants to become director0.
of an Indian copmany.what is the procedure to sign the MOA . and if he is not able to sign the same can he assign some one in India to sign on his behalf. and if yes what is the procedure for it.

please revert ASAp

Regards

Dear sir ,
I received Registration NO. FROM ICAI.
But to sure how to know my registration no is correct or not...?

Dear,

I had purchased a new car for Rs. 44,68,080.00 on Jan. 2013 by returning my old car which was purchased at cost of Rs. 35,19,609.00 on March 2010.
Due to some technical problem, I returned the earlier car purchased and buy another.
Now, I had charged depreciation on the returned assets in the books, is there any need also to deduct the amount of accumulated depreciation and cost of assets from the balance sheet.
What is the treatment of loss on sale of Car as the case is of a Public Limited Company.

Is MAT applicable on AOP for A.Y. 2013-2014

can someone recommend me the best reference book for ipcc audit other then surbhi bansal.plz rply

What is Sec 44AE...?


Regards
Afroz

What is with this new ICAI website? How do I get to access the old website?

HI ALL,
we are the manufacturers of electrical components and we have spare funds which we want to lend to the UK based companies. We know that interest rate at UK is less as compair to our country but It is a type of arrangement.
so i want to know that how can we do this?
Is there any kind of way by which we can lend money and guildeline given by RBI?
And if the money with us has been raised by borrowing from the indian financial institutions then does it make any difference to the lending?

PLEASE HELP...

Assessee lives in a rented premises for only 6 months during the FY
HRA received - 12900 for 10 months (due to leave taken without pay during the year)
rent paid - 6000 for 6 months
basic salary - 25000 for 10 months....

HRA exemption: lowest of
1. 40% of (25000*10)
2. 12900*10
3. (6000*6)-(10% of (25000*10))

or

1. 40% of (25000*10)
2. 12900*10
3. (6000*6)-(10% of (25000*6))


In first case exemption comes to Rs. 11000 and in second case it comes to Rs. 21000.