My final attempt is due in may 2015. I want to start my final preparation. I want to do self study for direct taxation, law,audit,indirect taxation. Is it wise for me to select these subjects for self preparation keeping time factor in view?
Can i take any other subject for self preparation?

I have to give my final attempt in may 2015. I want to do self study for direct taxation. I selected t.n manoharan reference book. As time is less i want to stick to only 1 book. Can i study manoharan book without referring study module? I will not neglect icai practice manual. Please help me

Hello Friends

If A pvt. Co. taken a loan of Rs. 2700,000 from a person which is not a director nor a shareholder. What will be impact as per new co. Act.

We can allot him share for Rs. 2700,000 for adjust the loan

I secured only 51% in my ssc or10 I can enrol for cpt

Q1) Should an assessee required to satisfy the following pre-requisites for claiming interest on capital borrowed from father u/s-24(b)?
i) Loan Agreement with the father in non-judicial stamp papers of Rs.50/- or Rs.100/-
ii) Taking & repaying of loan from / to father through banking channels
iii) ITR of father should be filed showing the interest income even if GTI doesn't exceeds maximum exemption limit

Q2)In case the assessee doesn't bothers about claiming interest deduction u/s-24(b), can he /she gets an interest free loan from the father as i have read in some legal websites that for charging interest the lender should obtain a license as a moneylender?

Respected Sir,
In which head of income the following incomes of a property dealer should be taxable (selling & renting of property both are his main business)? Please correct me if I am wrong with satisfactory legal reasons.
i) Rental income from property owned by him – Though property is held as stock in trade but income taxable u/h “House Property” u/s-28
ii) Commission income from property given on rent on behalf of its owner – Income u/h “PGBP”
iii) Sale of owned property – Income u/h “PGBP” as block of assets as it is held as stock in trade & thus cannot be taxed u/h “Capital Gains”
iv) Commission income from sale of property on behalf of seller / owner - Income u/h “PGBP”

If due to any reason if student has not added any other degree in articleship and after completing the same if there is any provision to add it or what will be the consequences for the same

Trust having no 12 A registration received donation of Rs. 15 Lakhs(details of donors available) during the year. Total amount spent towards charity (with proper proof) 10 Lakhs. Surplus Rs.5 Lakhs. On which amount tax is calculated since the trust has no 12 A registration? On 15 Lakhs or 5 Lakhs?

I have done article ship as per IPCC but while filling exam form selected option for intermediate. Would there be consequences of this mistake if I will submit certificate issued by institute along with form?

for claimining 8% income u/s 44AD turnover must not exceed 100lakh or 60 lakh