In case of money lending/finance business what is the gross receipt whether Interest recived or installment paid by clients or money lent by Money lender for purpose of audit or for purpose of making Rs.40 Lacs.

Company authorised by its MA to carry on Trading Activities in Shares and Securities, Started doing business on day to day basis in shares & Securities i.e.Equity Shares and F & O Segment of Share Market.
Query: Whether Income from Tranction for Purchase and Sale of Same Shares or Securies in same day i.e. Day Trading (Transaction squared up in the same day)shall be regarded as Regular Business Income of Company or Shall it be regarded as Speculative Income for Income Tax Purpose?
Does it make any differance in stand if there is first purchase and then sale of same shares or securities in same day?

wanted to know the difference between firm allotment and reservation??? also the treatment for promoter contribution and reservation of employees in case of designated financial institution??

Sir,

A company paid a sum of Rs. 209897 to a hotel accomodation and fooding for five days.

If fact i am talking about a clarification issued by the department that contains hotel is taken on regualar basis.

My question is what is regular basis.

Should a company deduct TDS thereon u/s 194I.

As per notication no.13 of ST dt.01.03.2008 GTA have to charged ST @ 25% however i have found from one reference that no condition is requried to taxability @ 25%. So can GTA can get credit on all the services if it has taxed @25%. if available then plz give me circular of notification or the no. for the same,

hi

i want to know what and how to prepare for campus interview.
i have campus in aug-2009
pls help me regarding this detailly.
plssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss

Kindly Clarify One of the Computer and pheripherals sale company , purchase a printer tonner powder materials without VAT , In this case at the time of billing ,it will effect VAT - receivable or Non Taxable.

BY

M.MANIKANDAN

Kindly clarify whether Computer sales and service company providing services to their cosutomer for Tonner Refilling and related services - as against they charged some charges , it will effect service tax or not ?

By
M.MANIKANDAN

HI
I just want to know as according to the new amendnemt no.8 as declared on 1st April,2009 the date for deposit of TDS during the month of march is 7th of april... now what will be the date of deposit of TDS deducted on 31st of march considering the dates of sec. 200(1).
thanks....ITS URGENT

Section 154 of the Companies Act,1956 states about book closure of a company.
I understand that the main purpose for closing the books is to determine exactly, its members on a particular date for the purpose of dividend declaration,bonus issue, rights issue etc.
But clause 16 of the Listing agreement states that the Company agrees to close its Transfer Books at least once a year at the time of the Annual General Meeting if they have not been otherwise closed at any time during the year which means does a Company have to close even when dividend is not declared, or no rights issue or bonus issue. If so what could be the purpose?