Hi,
I need to ask regarding to an accounting treatment to be made in the books. We purchased a new machine which was received in Jan 2013, and the original cost was take in the books as the advance payments were paid and recorded in Y2012. Since the machine cost was Rs. 52.92 lacs (added in FA-machines) we made application to govt. based organization to support us and finally, we got the subsidy from them of Rs. 29.40 lacs . So, what will be the accounting treatment. Do let me know at the earliest.

sir,
I ramesh, as i converted from ipcc to direct entry scheme & i got the conformation letter of convertion but i lost my conformation letter,pls can u say me wheathter that letter is usefull furthure.if so how can i get the duplicate copy of the conformation letter.

dear all,
i am yogesh bansal from amritsar. today i filed my ITR wrongly. i filed it for the total income of Rs50 from savings a/c interest. i was nt going to file it but all of a sudden my friend did that in my absence. can anyone tell me what should i do now. i am very scared related this. kindly please suggest me as soon as possible. i am not able to think what should i do now. please reply me as soon as possible

I want to appoint a person as a Director in a Private Company and not want to go through route where we have to first appoint him as a Additional Director and then regularized him in AGM, So I want format of ordinary resolution for appointing a person as a Director.

Is there any way to get june12 cpt result

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"

my client haws not got refund of rs 8000 for ay 12-13 and when checked the status it is showing refund unpaid and no reason is mentioned what to do how to claim the refund.

Should we deduct TDS on Local Internet Service, monthly paid 2500 + S.tax 309 = 2809

If any obligation, whether we deducted monthly or after crossing of limit. Also explain the rate of TDS & category.

Thanks!

Sir,
Suppose on May' 2013 I receive a bill from the party dated: 05.03.2013 for an expense related to accomodation & fooding incurred on April'2012 whether I need to make a provision for the same in my Accounts on 31st march'13 or just treat it as a normal expenditure in F.Y: 2013-14. Also guide me about provisioning of expenses.

Sir
Whats the procedure of reissue of Expired refund cheque of Income tax in case of e-filling ?