Can a practicing CA who is full time partner in partnership firm, (and who has not get his proprietorship firm registered with institute), sign audit report in his individual capacity. Just like other newly qualified CA's do, that till they get their own firm registered they practice in individual capacity.

Dear All,

I have one query regarding deferred tax during 80IA exemption tenure. My company is under 80IA exemption tenure and we are planning not to avail 80IA.In above situation how deferred tax calculation can be effected. Thanks In Advance.



Regards,
Keyur L Shah

I. Tax Return (ITR) require assessees to give information about certain transactions entered into during the previous year, which are reportable in the AIR u/s.285BA.
My query is, if an individual and his spouse jointly purchase an immovable property (say) for Rs. 40 lacs and the share of each is 50% i.e. Rs. 20 lacs each.
My query is whether this information is required to be given in ITR by both individually?

what kind of qualification a Statutory auditor can put regarding internal audit fuction of the management.

Can a practicing CA who is full time partner in partnership firm, (and who has not get his proprietorship firm registered with institute), sign audit report in his individual capacity.

Just like other newly qualified CA's do, that till they get their own firm registered they practice in individual capacity.

As our TDS return for the 4th qtr for the year 2012-13 is submitted in time and was accepted by TIN also.But by applyeing for TDS certificate Iam not getting any response from Traces, which is mandatory.

Please help me to get the same.

i'm a mechanical engineer and now looking forward to do CA. My engineering aggregate is 71%. Please provide your inputs as to whether it is possible for me to do CA?, if yes, kindly provide the details as to how i can go about rather the 'road map'.

Can i file form vces 1 by declaring amt of tax dues nil?

Dear All
Q1. Hw to calculate net woth for a prop. firm ? whether to consider Capital a/c / no.

Q2. Incase of PAT do we hv to deduct interest U/s 234 ABC & TDS.

plz reply immediately
thnx

HOW TO COMPUTE THE LOSS OF PAY

MONTHLY SALARY 10000
WEEK OFF AND CASUAL LEAVES 5
EXTRA LEAVES TAKEN 2
TOTAL DAYS IN A MONTH 30
DAYS PRESENT 23

WHETHER THE LOSS OF PAY SHALL BE COMPUTED AS PER A OR B STATED BELOW

A. LOSS OF PAY FOR 2 DAYS : = 10000/30*2
= 666.7

OR

B.LOSS OF PAY FOR 2 DAYS : = 1OOOO/25*2
= 800

PLEASE ANSWER THIS ITS URGENT
THANKS IN ADVANCE