Can anybody tell me pls. whether monthly tution fees paid to a Kolkata based Computer centre (Vocational traing) would be allowed under section 80C? Pls. mention the reason also

IF PERSONS HAVING GOOD EXPERIENCE IN ACCOUNTS AND TAX (UPTO FINALISATION)
BUT HE DONE (MBA IN FINANCE AND WANTS TO FOR FINANCE FIELD )
WHAT WOULD BE UR SUGGESTIONS

A Dept. of Shipping Corporation is empowered by the CG to issue exemption certificate to the manufactures from whom they collect the required materials to be used in making ships for Indian Navy. But in case of some materials they are not directly purchased from the manufacturers but from the dealers who are purchasing that materials directly from the manufacturers. Now the Dept. till last year issued the Exemption Certificate in the name of the Manufacturers in respect of those materials not directly purchased from them. This year some persons in that Dept.of Shipping Corporation raise the issue that this is not proper. They contended that the Exemption Certificate can be issued only to those manufacturers from whom the materials are directly purchased. Again as the Delaers are not liable to be levied Excise Duty Exempiton Certificate can not be issued to them. But some other persons in that Dept.of Shipping Corporation argued that the main purpose of issuing the Exemption Certificate is to make the materials cheaper since they are being used by the Govt. and since the materials are purchased from the immediate dealers ( who are directly purchasing materials from the manufacturers) hence there is no problem in issuing Exemption Certificate in the name of the manufacturer.

Please suggest the correct view or any other alternative view in the light of provisions of the Act or any case decisions.
Thanks in advance.

Is form 3CB required for sec 25 Cos and trusts????? Can nyone help me out in this matter at the earliest.....

Pls advice/reply

1. Whether CA can form LLP with MBA person ? (i.e. person other than CWA/CS/Advocate)
2. If yes whether he can becone a Designated partner

Is form CB/CD is applicabile to charitable trusts?

Exemption U/N 8/2005 is not available to the jobworker if the goods cleared the pricipal are exempted goods or chargeable to nil rate of duty.
if the principal further process the goods received from the jobworker at their factory and then export the goods without payment of duty,whether ST has to be paid by the jobworker.

Tds on charges for the system analysis, developement,design & implementation of software developed as per the clients requirement falls under which category ? which section u/s-194C or 194J applicable?Pl. site decided case laws.

In case where there are 2 Managing Director, 1 chairman and 5 directors in a compnay,whether both the MD should sign the balance sheet as per section 215 ?
Also clarify whether chairman of the company is mandatorily required to sign balance sheet as required by section 215 ?

DEAR SIR/S,

I HAVE TAKEN AN AMOUNT OF RS.5,00,000/- IN CASH FROM FATHER AS GIFT IN THE YEAR 2006. IS IT TAXABLE UNDER GIFT TAX OR ANY OTHER LAW? MY FATHER IS RETIRED STATE GOVT.EMPLOYEE AND OUT OF RETIREMENT BENIFITS HE HAS GIVEN THE MONEY. AND MY SELF AND MY FATHER IS NOT THE INCOME TAX ASSESSEE. KINDLY LET ME KNOW TAXABLE OR NOT WITH SECTIONS.

THANKS TO ONE ALL...PLEASE GIVE ME QUCIK REPLY.