plz explain with example of below section:::


Special provision for full value of consideration for transfer of assets other than capital assets in certain cases.—(1) Where the consideration received or accruing as a result of the transfer by an assessee of an asset (other than a capital asset), being land or building or both, is less than the value adopted or assessed or assessable by any authority of a State Government for the purpose of payment of stamp duty in respect of such transfer, the value so adopted or assessed or assessable shall, for the purposes of computing profits and gains from transfer of such asset, be deemed to be the full value of the consideration received or accruing as a result of such transfer.

I have a doubt regarding classification of Service under Works contract and Construction Service. For example, a service receiver (commercial concern) engaged a contractor for executing a cable laying work with materials required for the work being provided by the Service receiver except cement, sand, iron etc. The contractor would supply labour and the necessary construction materials for the work.( Material purchased by the contractor is meager in comparison to the contract value). The above work provided by the contractor would come under Commercial construction Service or Works contract Service? Kindly Clarify

Dear expert

My principal is forcing me to quit my articleship or take transfer on baseless allegation, i have served 2 years of my articleship and now only 1 year is left, he usually tortures me and always scolds on baseless things, in past he has spoiled many of my seniors life this way. he never fears to anyone , he makes us and our parents to cry and beg for mercy in front of him by this he gets satisfaction, please suggest me the ways to get out of this, he is saying if i don't quit he will write to institute and terminate by taking false reasons. please help i'm in serious trouble.

Thank you

NOPAT is profits derived from a company's operations after cash taxes but before financing costs and non cash book keeping entries..

Sir why should we deduct interest( net of taxes) from PAT to get NOPAT.. I understood y we must deduct interest, Y we should deduct interest NET OF TAXES?? And not interest directly??

Can I get Exemption from ITT if i am already pursuing CS. I have complted similar test in CS.

Please suggests me reference book that i should prefer for my preparation in ISCA.

I know about these books.

Dinesh madan

Manish valecha

Dalal

Please help me to select book.
And give name if you have any other choice.

Hello,I'm stuck in CA IPCC since last 4 years.I've completed my graduation in bcom (hons). I really want to be a CA but I'm not getting favourable results seems like I'm not made for CA.Please suggest me what should I do to make my career better.
Please help me out.


thank you in advance :)

In case a student is register under a CA, a partner in a firm and the CA goes to another firm then what will be the option available with the student. Whether the student have to take transfer or register under new CA or what?

Sir/Madam,
I'm 30 yrs old and I am done mba but still I have not any job experience and I am just registered for CA course...but I can't start studying because my mind is always disturb me....saying that I am to late I am to late...and as per my age i am to late for CA course and I'm in tension in always about my age...my worried about if I'm complete my CA in age of 35 i can't get good job and this question is daily eating my mind....i am total confused..please guide me what I do?....my decision is right to do CA or I need to quite this course and forget about CA?.....thank you.

Hello everyone,my career is at a challenging state.I want to be a CA and trying to clear ipcc since last 3 years. I've done my graduation in bcom(hons).
Please suggest me how can I improve my career?
I've an interest both in tax and finance field.
Please help me out :(
Thanks in advance