is basic exemption limit is available for non residents, and setoff of short term capital gains u/s 111a can be allowed against basic exemtion limit for such persons.

Dear Sir,

Definition of public limited company includes private limited company which is subsidiary of public limited co.

My question is wherever in the act public limited company is mentioned, so it should also apply to this type of private limited company also.

Suppose, it is said that section 372 A applies to public co. Does it also apply to a private limited company which is subsidiary of public limited co. also.

Please reply ASAP
Regards

Hi All

M/s XYZ ltd constructed building and asked an institution to run the school in that building. For running the school, M/s XYZ ltd pays management fees to the institution. The management fees is around Rs, 12Lakhs. The admission fees, monthly fees is collected by M/s XYZ LTd.

Is there any applicability of service tax?

DEAR EXPERTS...
ONE OF MY FREN TOLD ME THAT AS CA IS A PROFESSIONAL EXAM THE ANSWER TO BE WRITTEN SHOULD ALSO BE IN PROFESSIONAL STYLE i.e IN A SEQUENCE ... IT MAY BE FROM Q1 TO LAST OR LAST Q TO Q1 .....THIS GIVE GOOD IMPACT ON EXAMINERS..

SO I WANT TO KNOW THAT IS IT IN NECESSARY TO WRITE ANSWERS IN THE ABOVE SEQUENCE...??

HELLO
CAN ANY BODY LET ME KNOW
IS IN PCC AUDIT THE QUESTION BASED ON AS WILL COVER ALL AS OR ONLY THAT WHICH ARE IN ACCOUNTS SYLLABUS ......

I need some clarification regarding the following :

IF there is late payment of TDS and tht too without interest , shud the expense be disallowed ??

in what cases can VAT and PT be deposited quarterly instead of monthly ??

what is mean by nominal value of capital?

Under which section cash payment of more than ywenty thousand rupees is
disallowed?

When is debit and credit note issued and who gives to whom
Also when we give discount or receive discount what should we issue debit note or credit notes and why?

Is cash sales more than Rs. 20,000/- is allowed or not?
Specify with reason?