Sir,
I want to do Industrial training, and the case is as such
I want to take termination from my current principal as my 2 years and three months of training have been completed and i dont want to miss the chance of Industrial Training. So, after taking termination, if I join Industrial training in any Company after 1 month then whether it will be correct according to the rules. Please suggest me as soon as possible, it's urgent (Please try to give your suggestion till tomorrow).

Dears
Whether it is possible for a proprietory firm can accept loan on profit sharing basis by a/c payee cheque or draft. that is for loan amount of Rs.500000 contributed by Mr A into proprietory firm of B Mr A will receive 40% profit of the proprietory firm. Is there any problem under IT Act. How it is treated

please somebody clarify my doubt regarding as mentioned below:
HUF having 3 members i.e one karta and 2 of its members. now one property is being sold and payment received by one of its member. also that member distributed some amount in equal proportion to each member. now in whose hands capital gains shall arise, i.e whether in hands of HUF or in hands of members individually?

If an AOP which is exempt u/s 10(23C) of Income Tax, Act, 1961 gives salary to relatives of a member who are highly qualified and experienced for administrative and teaching jobs,

can this exemption be cancelled on this basis?

Hi Friends,

I am a qualified CA of 2000 batch and cleared my CS in Dec-2012. I have an experience of 12 years post qualification of CA in the area of Accounts and finance. Out of above I was having COP for 5 years and than 7 years Industry experience which includes 4 years with Private limited company of 300 crore equity and 3 years with Public limited company of 10000 crore equity.

May I know the exact eligibility of Exemption from Training to enroll my self as ACS.

My question !
If assessee owns one house and has invested in new house an amount of Rs.50 lacs. the new house is under construction in 13-14 but full consideration is paid and agreement for purchase of the house is executed in 13-14. whether the said house under construction is taxable under wealth tax? the possession is expected in 15-16.

Respected sir,

Please tell me about brief of canned software
and
My query is that tally accounting software is coming under the definition of canned software or not for F.Y. 2013-14 onwards ?

Dear friends,

Please give your opinion on whether income from VASTU consultancy is business income or professional income in view of section 44AD of the Income Tax Act, 1961.

Thanks & Regards

I am director in two pvt. ltd. company. I have give loan from one company to another company, and charged interest. The amount outstanding is taxable in the hand of director as deemed dividend.I have recd. back in next year. Please clarify taxability and tax treatment in the next year.

Is it necessary to witness the subscriber table of MOA of a company in which all the directors and subscribers are foreign national and the same is also appaustile and notarised in that country?

I think only appostilasation is enough and we do not required to witness the table.

Please comment with supporting rules, notifications and case laws, if any.