Dear all,

pls suggest :
If Cummulative Convertible Preference shares converted into eq.shares of the same co. then for the purpose of period of holding for calculating Cap gains, which date shud be considered. ?

Whether date of original purchase of Cummulative Convertible Pref shares or the date of conversion..

Kindly provide relevant section supporting your suggestion.

Deduction under 80E

I have started Repayment of Educational Loan in the current year 2010 (loan taken 2005)I have been in default in respect of holiday period at the time course but i paid all the holiday period interest as soon as i got the job (2010) whether can I claim the total interest paid as deduction under 80E?

Dear Sir
Pls advise me
I have paid exhibition charges of parties than i have deducted TDS on her charges amount or not and which rate & Sec.applied

Regards
Praveen

my client recive unsign from A.O. notice u/s 143(2).Is that notice is void ?

How much time it will take for the assessment for the return filed electronically????

When will i get refund for electronically filed return???

As per Sec. 43(5) of the Income tax Act, any derivatives transaction entered in to any recognised stock exchange is not treated as speculitive transaction and loss in such transaction can be set off against normal business profit.

Kindly tell us whether NCDEX is recognised for the same and can we set off loss incurred in F & O transaction of NCDEX against normal business profit.

Thanks.

CA Divyesh Sodha

I am Employee in Company.I have Submit My Hospital Bills to Company for Reimbursement,but my company demand me a "copy of Income Tax exemption certificate accorded to hospital" but hospital don't have a certificate & hospital Authority Refuse to give me above certificate,so what I am do now?

WHETHER wORK CONTRACT TAX CAN BE CLAIM AS EXPENSES IN BUISNESS OR CAN BE CLAIM AS REFUND IN VAT RETURN BCOZ THE ASSESSEE IN BUISNESS OF CONTRACT WHERE THERE IS NO VAT ON SALES AND HE HAS VAT INPUT ALSO.

Dear Sir

Our Company is Sold a car As per Companies Act It is Showing A Profit of 167500 we are Charged to P& L Account. Now My Question is The same Profit is Deductible Or Not for in the Computation Of Tax Please Guide Very Urgent

Thanks & Regards

Sreenatha Reddy

Please tell me what is the TDS rate applicable on Internet Leased Line.