Vijay Bhambure
27 October 2009 at 10:41

VAT %

Dear All,

Please tell me the VAT % of Ethyl Alcohol AR grade. Can I take full set off of this ?

Thank you, Regards,

Vijay G Bhambure


sanjeev

i have a query mr. a had sold his car to mr.b and as per sale agreement,mr. b will repay the loan taken to purchase the said car.value of car on date of sale is 724170/-. loan amt. outstanding on the same date is 413817/- please suggest the accounting entries for the same.. thanks and regards


selva
27 October 2009 at 10:35

80IB

we have 20 units out of which we are claiming deduction u/s 80IB for two units. we have incurred common expenses at corporate office level for all the units including 80IB units.

my query is whether can we claim allocated common expense on sales basis as deduction in computing income from 80IB units.

thanks in advance


raji

how the bank ( south malabar grammina bank) calculating penal interest of loan under interest subvention scheme


Bhaskara Reddy Karna

is there any possibility to apply for part time practice of a CA to the ICAI? if possible, may I know the scope? may I know the procedure of applying for part time practice?


Vinayak Kamath
27 October 2009 at 07:40

Taxability of LIC Maturity Proceeds

Sir,

I wanted to clarify whether LIC maturity proceeds are taxable or not if the premium on such policy is more than 20% of the sum assured as per Sec 10(10D). If taxable, to what extent it is taxable?


CA Huzefa Hamid
27 October 2009 at 03:08

Income from House Property

Respected Sir
I would like to know that what is the Provision related to taxability of recovery of UNREALISED RENT subsequent year in the chapter of income from house property.


S.Banerjee
27 October 2009 at 03:06

overall

my final exam is due on nov'09. i hav done form fill-up for both groups. if i don't appear for the exam due to any reason, will it be counted as if would have appeared for the exam? when i will submit my form next time , can i check in the box " past appearance : nil " ????


Sanjay
27 October 2009 at 01:47

MAT CREDIT

Experts plz solve my queries:-

(1)What are the requirements for claiming MAT credit which is paid by an assessee?

(2)Is there any need to file any separate Form beside filing ITR?

(3) What is the purpose & use of Form 29B in this regard?

Thank you Experts.


Sanjay
27 October 2009 at 01:18

ROC ANNUAL RETURN FILING

I want to know from experts that what is the correct attachment combination against following Forms Which is unquestionable by anybody(although swaps are allowed by MCA as far I hv been learnt)........

FORM NO. :-
1) FORM 20B
2) FORM 23AC
3) FORM 23ACA

ATTACHMENTS:-
a) Balance Sheet
b) P& L a/c
c) Notes to Accounts
d) Notice of AGM
e) Auditors Report
f) Director's/Board's Report
g) Annual Return

Answer indicating corresponding no. only.
Thank you Experts.