CA Jay shah
26 May 2009 at 21:54

noimnal share value

what is mean by nominal value of capital?


A D - Loving Life
26 May 2009 at 20:07

Cash payment section

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


A D - Loving Life
26 May 2009 at 20:04

Crdit note and debit note

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?


A D - Loving Life

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


A D - Loving Life
26 May 2009 at 19:41

Black Money

What is meaning of Black Money and why and for what it is used for?


A D - Loving Life
26 May 2009 at 19:36

Cash payment more than 20,000/-

Is doing cash payment of more than 20,000/- a day or per bill or receipt is disallowed?
If Yes please specify with reason?


A D - Loving Life
26 May 2009 at 19:34

Non Corporate Assessee

What is the meaning of non corporate assessee?


Pooja
26 May 2009 at 19:31

Short Term Gains on House Property

Hello, I have sold my house within the 3 year time frame, hence it is a short term gain. I had taken a home loan for the same and had claimed the deduction of 150000.

If i am not wrong, in case the house is sold within 5 years, the interest deduction claimed will have to be reversed ? Is this correct ?

What section mentions this ?I am unable to find the same


A D - Loving Life
26 May 2009 at 19:30

Mercantile & cash accountig system

In cash accounting system accounting is done on actual basis and vice versa in mercantile system?
But what does accounting on actual basisi means and explain mercantile system also?


Purohitha
26 May 2009 at 19:12

FBT on OT Payments

Dear all,

Is there FBT applicable for Over Time Payments to Employees?

Plsssssssss reply soon-----------






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