i need a urgent help regarding following.

a firm now converted into proprietorship and continue with indiviual pan no. of one of the partner.

how can firm pan and tan can be surrender.


my ID is santosh_18383@yahoo.co.in

I am a C.A. Final Studen, I am interested in doing Job after completing C.A., I want to know that after becoming C.A. it is better to go in Banking sector or Industrial sector.

One of my client on a very deep sight has asked me a question for the logic of Financial Year to begin from April and ending with March. He wants to know why not calender year and this odd dates. if anyone knows any good logic behind the same apart from the income tax regulation and goverment fiscal year kindly get back to me...

Please anyone can clarify how many tax audit a Chartered Accountant can do also, which all audits are counted for the same and which audit are not counted.

Thanks & Regards
Maulik

A married women received a house property(consists of GF, FF SF & TF)as gift from her mother in 1981, the mother expired on 2002. in nov.2008 the TF was sold for RS.11 lacs. now the query is :
1) how much is the capital gain
2)COA as on nov,2008
3)if the gift is not made on 1981 but the amount was recd. by the women on her mother's behalf as a legal heir
4) if any best option available to minimise the CG tax.

Very urgent.

Sir,

My son is permanent physical disability (50%). Shall I get IT relief from Section 80DD and also Section 80U. Both sections (it comes one lakh) am I eligible. What are documents to submit to my company to claim this relief.

M/s XYZ Ltd Purchased a Capital goods on 01/05/2008 and sold the same Capital Goods On 20/01/2009 (Same Financial Year). If the company avails only 15% of cenvat in the year of purchase, then wat abt balance 85% of Cenvat credit, can the company avails cenvat in the subsequent years, eventhough the capital goods is not in existences???

(or)

Can The Company Avail 100% cenvat Credit for the capital goods in the year of Purchase itself??


pls. clarify...

XYZ Ltd Purchased a P&M On 1/5/2008 and the same was sold on 20/01/2009 (Same financial year). Can XYZ ltd Claim IT depreciation for that P&M?

Pls.Clarify..

What do u mean by Green Shoe Option? Is it Beneficiary for Investors?

sir i am doing articleship in pune but due to financial reason i want to go back to my hometown and continue articleship there only.can i take tranfer under new rule. please advise me...as early as possible , or advice me basic on which i can take transfer...