Sir,

Pls. advice how to treat the borrowed Capital or its EMIs paid/retuned during the year? Is it Possible to reduce the total amount paid from the net profit? How about its interest?.

Regads,

P. K. Raju

we are enganged in hotel industries. we got tips of rs550000 in foerign currency.and we disburesh it between employees after some days.sec 195 is applicable or not.weather it is income or not for us.

Sir,
Is it required to have a Firm Name to get BANK AUDITS?.
Can an individual CA holding COP eligible to get BANK AUDITS?.
Is it mandatory to have two or more CA'S in the firm to get BANK AUDITS?.
THANKS IN ADVANCE.

Respected All, My Uncle purchase a land from HUDA in Gurgaon on 21-05-1993(conv. deed ad allotment date) Of Rs. 210719 , on 26-11-1996 he has paid Rs. 26375 for registration fees. After that he has constructed 484 sq feet area on that plot and completion certificate took on 09-11-1998. he dont have the construction bills so dont know the construction value.

Now He has sold the house in nov 2012 of Rs. 1,80,00,000/-.
Now how can i calculate house construction value or what is the procedure? and what is the amount of Capital Gain, how it calculate ?
Thanks in advance to all.

A person was born in USA, thereby she is a US citizen. Immediately after birth her parents shifted to India. She earns interest income in India. According to US tax laws, she has to file return of income in USA as she is citizen of USA. What is the tax relief available to her. At what rate she has to pay tax in USA

At the time of preparing CMA report for pvt. Ltd company, where unsecured loan from directors are shown.? and how it will affect my MPBF..?

dear expart
in some cases assessee does not have any
books of a/c,s including sale books, is their return can be filled u/s 44ad,even they also no record of sales a/c,s? replies me thanks......

Sir,
Is it required to have a Firm Name to get BANK AUDITS?.
Can an individual CA holding COP eligible to get BANK AUDITS?.
Is it mandatory to have two or more CA'S in the firm to get BANK AUDITS?.
THANKS IN ADVANCE.

Sir
Inrespect of an employee who have two house properties one being let out and loss under this head whether dectible for computing his tax liability by the employer and deductible. What is the procedure for intimating the loss under the let out property to the employer for TDS purpose.
RGDS

Dear Experts,

Can any one provide me the main objects clause of Spices import export company?