dear sir,

i am sumit from bangalore.

i have 2 queries as follows:

1. can i use money obtained from personal loan to trade in commodity futures? is it legal as per indian regulatory and tax laws.
2. i am a salaried person. my wife is house wife, can i take personal loan in my name at 16 percent interest rate and give this money to my wife at 16 percent interest rate and she use this money to trade in commodity futures. if this is legal as per indian regulatory and tax laws. is the tax on profit earned by my wife in above case will be paid by my wife or by me?


please help me in clearing my doubts.

thanks in advance

when input is very high but its availment is very low upto 15% of d input . wat is d remeady available under d Law ? whether it can be refunded?

can someone plz provide me a sample of cover letter...for job in Banks
thnx in advance

i have a query
Tax deducted at source for
Annual Maintenance Contracts on Lifts and Elevators
should be deducted under Section 194C (2%) as maintenance contracts or under 194j (10%) as technical services??
Reply asap

I want to Income tax Return file Basic Salary 12550.00 P.M. PF 1506.00 ESI 220.00 P.T.200.00 how to calculate my income.

Dear sir,i need clarification regarding depreciation and accumulated depreciation.accumulated depreciation is a contra asset.but i dont understand contra asset.pls tell me about depreciation and accumulated depreciation with examples include journal entries.regards,vijay.

statutory Audit is going to be started in my company. I am newly employed in a compny & will be for the first time handling the auditors.
can anyone please tell me what arrangements should be made by me.
do i need to make audit file in which i need to file all documents, or different file is mainted for different items in company shall leave it like that only.
what particulars things does auditors demand and what things i should keep in mind & ready.

please expert revert back.

I HAVE A LOTS OF CONFUSION REGARDING CA OR ICWA OR CAN I GO FOR BOTH. I JUST GAVE MY LAST SEM XAM AND I WANT TO JOIN CA THROUGH DIRECT ENTRY SCHEME. AND AT THE SAME TIME I ALSO WANT TO DO ICWAI. IS IT POSSIBLE TO DO CA AND ICWAI SAME TIME ??????? PLEASEE... SOMEONE HELP ME.....

Hello Sir/Madam,
I recently gave MMS- Finance exam & not yet placed from college as it is less jobs for finance profile . So i was planning to pursue some more professional course of finance.I'm confuse between ICWAI and CPA ? please suggest me ? and also tell is there any exemption of papers for Post-Graduate Student in that course ..

hello,i am vishal. I am attending my ipcc exam in november 2013. currently i am also studing in b.com part 1 from kolhan university . is there will be any problem when i will do my articleship with b.com studies which is not a regular class.

Thank you