Chetan Sharma
09 August 2009 at 20:14

Wealth Tax

Can anybody please tell how do i make a wealth tax computation and wealth tax return. What steps do i need to take while computing wealth tax?


P.Lingam
09 August 2009 at 19:32

Prior period expenditure

An amount of Rs.81216 was paid towards interest to Kotak Mahindra Bank for Financial year 2007-08 was wrongly debited to Loan account instead of Interest account. Shall we can claim the same in financial year 2008-09. What are the consequences.


Sneha
09 August 2009 at 18:11

Portfolio Management doubt...

Hi all...

I encountered a very strange situation...
I took data for daily return of infosys and S&P CNX NIFTY for 240 trading days from august 2008 to july 2009 and i regressed them...
so i found beta=0.659 and alpha=0.101
(with r-square = 42.8%)
so annualized alpha = 240*0.101 = 24.24
now dis is huge... with beta less than 1..
implying Infosys was a wonderful stock during this period.. but we all know the state of Indian IT industry during this period and Infosys was not among the list of top stocks for most fund managers.... so how is such a high value of alpha possible... what is it indicating exactly...???


raman
09 August 2009 at 17:26

i want to do LLB

SIR I HAVE PASSED PCC I WANT TO DO LLB BY CORRESPONDENCE PLS SUGGEST ME A UNIVERSITY OR CLG


anand
09 August 2009 at 12:27

service tax

one person whois rendering taxable services is not charging service tax on bills from thelast 2 to 3 years
what are the consequences for non collection of service tax and whst about interest and penalty.


Sultan
09 August 2009 at 12:13

Mutual Fund or Insurance Agent?

Dear Experts

Can an article student become a mutual fund or insurance agent during his articleship time?If yes whether he has to surrender his license once he becomes a CA?

Thanks


Ashlesh

Hi!This is Ashlesh.
My question is:

If services of caterer are availed outside India and payment is also made by credit card issued by the Indian Bank, will the transaction be taxable in India? Guide me considering the related other laws to this transaction.


Murtaza I Bhagat

I want to Know sir/s in Gujarat VAT
1) Can we take Credit of VAT & CST both ?
2) or We have to Deposit which I have Collected CST from Sales A/c
3) That Person only taker of CST he/she don't give CST to anyone.
4) If 1st ans is will be taken so How can we do the Calculation of it ? pls send me any file on my emil ID related to this Query
my Email ID is murtaza_bhagat786@rediffmail.com
Thanks for your advise in Advance


Murtaza I Bhagat

Pls guide me in this matter
If we file IT Return for TDS Return of 07-08 & 08-09 both Year in this A.Y. 09-10.

Do we get the 07-08 TDS Refund.

Pls tell me Urgently.

Thanks for your advice in Advance
pls send me any file on my email ID related to this Query
my Email ID is murtaza_bhagat786@rediffmail.com


Murtaza I Bhagat
09 August 2009 at 10:49

Agriculture Income

If Farmer having any Profession Income & Agriculture income, where there is any need to indicate(declared) the farming Income in IT Return ?

If yes Pls give me Exemption limit of Farmer's farming Income for Agriculture.

Thanks for your advice in Advance
pls send me any file on my email ID related to this Query
my Email ID is murtaza_bhagat786@rediffmail.com






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