Please confirm if my understanding is correct for AY 13-14--

Any salaried employee if he is getting exempt income under sec 10 like HRA, LTA, conveyance allowance, need to file ITR-2, if this exempt amount exceeds Rs 5000/-.

Does PPF interest and Gifts received is also considered exempt income or tax free income. Are they required to be shown in exempt income "Section EI"

sir,
can a partnership firm distribute remuneration and pay interest to its partner in case of loss.
partnershipp deed contains remuneration limit same as per it act but also says that in case of in sufficient profit remuneration and interest only to the extent of profit.
Thanks in advance

Dear Experts,

What is the Treatment of Suspense Account in the Bank Account ie debit entry are not traceable by the Management.
Can we show the same in the Balance Sheet as Suspense Account and Impact of the same on the Profit or Loss of the Organisation.
Please Advice !

Please clarify that i hav filed my income tax return upto A.Y. 2007-08. Now I want to file my income tax return from there.

whether I can file the return of all the 6 year from A.Y. 2007-08?

What is the amount of penalty and interest there on?

Please provide all the relevant details.

Dear Experts,

Is Vat Registration compulsory for dealers who are oly selling VAT exempted goods like Towels, Bedsheets etc?

Respected Sir,
Please provide me step by step procedure to do Ledger Scrutiny

Dear All Members,
I am a CA(Fresher). I am looking for opportunities in a Mid size CA firm in Mumbai. I have cleared CA in 1st attempt.

Problem is I am not getting any calls from CA Firms. I registered myself on all the job websites. My major exposure is in audit only and no taxation. But now post qualification, I want to specialise in Taxation Only. CA Firm's reject me for n0t having any experience.

Can any one suggest CA Firms which give me exposure in tax???

All dear respected members, can anyone send me the Project Report / CMA Data in word or excel format of Restaurat / Hotel / Motel.. I shall be very thankul to you for your kind help.. Please do the needfull its very urgent.

Dear Experts,

Pls guide me through this awkward situation... one of our branch's office rent decreased from Rs. 36000 to 32000. Wef. Feb'13. But accounts team was intimated in JUNE'13. So how to adjust entry for advance rent for month of July'13 as we have to recover excess amount paid and tds also got deducted and paid every month.

We pvt ltd having very old debtor whose o/s as on date is 15 lakh. They hav some matters with bank and ha ing proprty hypothecated to bank
.There is one option given by debtor. They r asking for advance of 4lakh for 10 days. They will submit it to bank after which bank will release their 15 lakh which they wil give to us. There is 100% trust on debtor.plz tel me what financially there wil be problem in giving advance to debtor and how to show it in our a/cs.