What is the proposed exemption limit to SSi units as per Budget 2009?
My client wants to gift (cash) by cheque to his father its ok if franking is done instead of making a deed on stamp paper ??
Dear Friends,
Could anyone please send me the format of Annual Return as per Schedule V of the companies act 1956 in my mail id karnany@rediffmail.com
IS CAR USED FOR BUSINESS PURPOSES TO BE INCLUDED IN WEALTH TAX RETURN. sHOULD WECLAIM RELIEF FOR CAR USED FOR BUSINESS PURPOSES OR SHOULD WE NOT INCLUDE THE SAME AT ALL
i HAVE BALANCE OF RUPEES THREE LACS IN VARIOUS SAVINGS BANK ACOUNTS & CASH BALANCE OF 65000/- AND LOANS OF 18 LACS. wHAT IS MY STATUS OF WEALTH TAX SHOULD I CLAIM DEDUCTION FOR BANK BALANCE & CASH IN HAND AND FILE WEALTH TAX RETURN FOR ONLY 18 LACS. ALSO UNDER WHAT HEAD SHOULD I TAKE LOANS AND ADVANCES AS THERE IS ONLY ONE COLUMN OF CASH IN HAND.
Suppose A purchases car in his name and takes loan for it in the names of A and B. Whether both can claim depreciation & interest on loan ? If yes, in which proportion ? please reply with section or any judgement etc.
i AM PROFESSIONAL. I HAVE PURCHASED A CAR. MY EXPENSES ON CAR PETROL & CAR REPAIRS & MAINTAINENCE SHOULD BE CLAIMED AS BUSINESS EXPENDITURE OR NOT AND UNDER WHAT HEAD
I AM A PROFESSIONAL. APART FROM MY PROFESSIONAL INCOME I HAVE INCOME FROM INTEREST ON LOANS AND ALSO INTEREST FROM BANK. cORRECTLY IT SHOULD COME UNDER THE HEADING INCOME FROM OTHER SOURCES BUT MY ACCOUNTANT SAYS IT SHOULD BE INCLUDD IN PROFIT & LOSS ACCOUNT UNDER THEHEAD PROFITS FROM BUSINESS PLEASE ADVICE.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
cost of indexation