I have got majority today. Now i want to have a PAN card for that i need of ID proof but for ID proof in my ration card my surname is different then my L/C. And i haven't a licence also then how can i get the PAN card

dear sir ,

is this necessary to file return for all persons who's income is less than the slab rate limit as per gov. norms....????for individual mens if his taxable income is less than 1,10,000 rs for AY08-09...
it is necessary to file return or not...????

Dear sir,

would you pleae tell me that, The Investment made in

the LIC OF INDIA MARKET PLUS scheme (with out life cover). is this eligible for deduction u/s 80c

My company has short TDS deducted from my salary. Shall I pay shortfall now?
How i will pay the same- with interest/penelaty?
pls answer urgently as filling of date return is 31/07/08

If a HUF gives the gift to Karta; will that gift income be exempt from tax for karta in his individual capacity. i.e can we treat gift from huf to karta as gift to a relative for income tax purose.

Sir,

I am doing the internal audit of a listed company. It has to go for qtrly publication.

1)I want to know whether deferred tax asset/deferred tax liability should be calculated on a quarterly basis or yearly basis?
2) Can recognizing the deferred tax at the year end (31 march) instead of recognizing it in the P& L a/c for quarter end(30june, 30sept, 31st dec) amounts to non-compliance of AS 22 ?

Plz elaborate

Can someone please tell me as to how much is the current surcharge and education cess along with withholding tax on money being remitted to a foreign company (in US) for technology transfer (trade mark rights).

Also could you mention the relevant provisions where the figures would be mentioned.

Thanks in advance,

Abhishek Bhalla

can manufactureing licence be liable for capital gain tax?

in case of a person who regularly buys and sells shares and also in derivatives.,i would like to know if the sale consideration from the transatcions are to be considered for the limit of sec 44ab or the net profit from such transactions are to be considered forthe 40 laks limit
2) even if there are a lot of transactions running into crores can they still be considered as short term or long term gains
3) now because fo sec 43(5)derivativs are not considered as speculation, so what does this mean that income from derivatives are always to be considered as business income/loss
please let me know urgently
thank u

Dear Experts,

Pls.let me know when expenses are disallow u/s 40(a)(i).

Pls.explain in detail,if possible bec's I am very confused.


Regards,
Prakash Jasani