can anyone clarify me whether advertisement is deffered expenditure or not. if not then what type of expenditure constitutes deferred exp.

Hi,

we are purposing to give transport allowance maximum 800/pm and Rs.5000 as a fixed conveyance reimbursement to our employees.

Do the employees need to show any document to employer every month to show that amount spent on offcial purpose only or letter on plane paper given by employee is suficient to make it exempted.

Dear Sir,
This is in relation to the sale of a long term capital asset referred under section 2(14) of the Income Tax Act.On April 2009 Mr.X has transferred a housepropery in banglore for Rs.3Crore .The said property has bought on 1991 for Rs.16 lakhs.No expenses has been incurred by him for transferring of the said asset other than cost of stamp paper and travelling expenses .He is senior citizen under the Income Tax law .I would like to know what are the alternatives available in the IT act for avoiding the Income Tax Act?

CAN ANYONE PROVIDE ME ANY CASE LAW OR CONCLUDING MATERIAL ON THE FOLLOWING QUERY

THE ASSESSEE IS HOLDING THE SHARES AS AN INVESTMENT. DURING THE YEAR F.Y. 2006-07 HE SOLD SOME SHARES AND EARNED LONG TERM CAPITAL GAIN ONLY, BUT A.O. INTEND TO TREATE WHOLE OF TEH LONG TERM CAPITAL AS BUSINESS INCOME.

PLEASE REPLY........

We understand effective 1.07.09 there are changes in issuing certificate for remittences to be made to non residents - pl furnish us the circular and changed procedures

I am badly in need of suggestions regarding the best professors & authors for final group1 and group2 subjects.
Plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz help me out!

Sir,
i have just given my ca final exam. and my articleship is also about to complete in next month.
The problem is that, i am now following new signeture from last year for filling all required forms to institute including current (i.e. June 2009) ca final exam, and they have accepted it too (since they have scanned it and printed the same).

But the signeture with which i have registered as an Articled Clerk is different from my current new signeture.

So i am in a confusion, which signeture should i use while filling Articleship completion certificate and application for membership??

I want to tell u that, i want to follow my NEW SIGNETURE ONLY.. So can i continue with the new one?? ELSE WHAT?

PLEASE HELP.
Thanks a lot for giving time for reading my question.

recently a judgement had come regarding service tax to be charged on agencies preparing the hoardings and flexi boards;those person to be treated in the same way as advertising agency. if a company is reimbursing to its distributor, the expense for such hoardings and flexi boards, should the company charge service tax on it. the company is deducting TDS on such payments.

Hi! im kk,
I have sent form '109' to the institute regarding my articleship transfer from vizag to Hyd on april 2nd 2009.
Now the problem is that i din't get any confirmation letter from the institute till now.
Now can i send form '102' & '103' for Re registration or shall i wait for the confirmation letter from the institute?
Please help me in solving my problem...

Dear sir

I am businessman deling in Paddy & Rice

I am buying Paddy from agriculturist & convert the paddy in to rice & Sells the rice.
I am not having Rice Mill for convertion of Paddy in to Rice. I am giving hulling charges to rice mill owbers for convertion of paddy in to rice.Whether convertion charges(hulling Charges) paid to rice mill owners attracts TDS liability