While making payment of income tax( on regular assessment)thru e-tax (SBI Online)
due to session expired we could not print challan but tax has credited to Income-Tax & debited to our bank in this regard I would like to know following:

1. How to obtain challan & challan Number.
2. if not able to print the challan how to prove IT that tax is paid.

I have recived 2 monts (feb & march) Rent bill of Rs. 60000/- month Plus service Tax.

I have to deduct TDS on It Or Not.
Bill

Rent Feb & March- 120000
Service Tax 12360
Bill amount 132360/-

Q- Tds deduct or not
Because in 194 I specify if rent Exceeds 120000/-.

Can any one provide the press release or any other document specifying that the form will be applicable only from 01st july 2009.

under sec74 of income tax act of 1961, long term capital loss can be set off against long term capital gain
Long term capital gain from shares is fully exempt
suppose :- an INDIVIDUAL has earn a long term capital gain from building and has incurred a long term loss from the shares so now will that long term loss from shares can be set off against long term gain from building???????
plz do reply it's imp

let me know the tax implication in following case.

my client is providing clearing & forwarding services in india and also getting cleared & forwarded by clearing & forwarding companies outside india.

Situation :
My client got a consignment cleared from custom by an american clearing & forwarding company.
the american company raised a bill for providing service in america but my client credited his account for the bill amount but did not pay in monetary form because there was mutual agreement that my client will provide ticket whenever american company's employee comes in india.
the american company employee came and my client provided ticket and debited his account for the cost of ticket.

Please suggest me tax implication keeping in view DTAA with America.

ABC pvt. ltd having paid up capital more than 1 crore enters into contract with director relative for purchase of goods and not obtained the permission of central government.Further, company sold the goods to third party.

Now my question is whether this contract is void ? If so, then wht will happens as you know goods are already sold.

If a pvt. company (having paid up capital of Rs. 1 crore )enters into contract with its director's relative for purchase of shares of and not obtained the central govt. approval. Further, company sold shares (acquird frm director relative ) to third party.

Now my question is :-
1. Whether contract is void and if contract is void then wht will be the impact with sale of shares by the company ?

Please let me know which is better Company pvt ltd. or limited liability partnership .

Thanks in advance ..................

I am providing both Taxable as well non taxable services. Till now I was not maintaining separate books of accounts due to which I was able to avail cenvat credit of service tax paid of only 20% of what was available to me. Is there any change in this budget relating to the availment of credit of service tax paid?

Hi,
I cleared CA Final in Nov '08 and applied for membership in March. Also I got to know my M.No. over phone.
Can I get the membership certificate in the convocation to be held on 21st June? Or, can I get only the pass certificate over the counter?
Pls. clarify.