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P.Kanagaraj
11 June 2013 at 10:18

Commodity derivative & 44ab

WHETHER VOLUME OF SALES TRANSACTION PUT IN THROUGH COMMODITY TRADING HAS TO BE TAKEN FOR 44AB AUDIT. ELSE WHAT IS POSITION OF COMMODITY TRADING FOR INVOKING AUDIT U/S 44AB



Anonymous
11 June 2013 at 10:16

Tds liablity

Whether the TDS is deductible on sea freight paid for inland transportation of containers ? I think yes TDS is deductible.Please gide me.


Fenil Shah
11 June 2013 at 10:09

Fema, 1999

I have a company in India, we are planning to open a subsidiary in US...wat is the procedure and wat is the rbi guidelines?
Should i compulsorily open a subsidiary?



Anonymous
11 June 2013 at 09:56

Tips on preparation

MY CA FINAL EXAM IS DUE ON THIS NOV.. MY PREPARATION IS WEAK. I WANT YOU TO SUGGEST ME HOW I SHOULD START MY PREPARATION FROM NOW ONWARDS. KINDLY ALSO TELL ME A GOOD REFERENCE BOOK FOR DIRECT TAX AND INDIRECT TAX...



Anonymous

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"



Anonymous
11 June 2013 at 09:37

Remuneration to partner

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


Kaushik Vinod
11 June 2013 at 09:12

Suspense account

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 !



Anonymous
11 June 2013 at 08:57

Filing of itr

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.


Amit Agarwal
11 June 2013 at 08:11

Registration

Dear Experts,

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



Anonymous
11 June 2013 at 01:07

Ledger scrutiny

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






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