I am going to appear ICWAI Inter stage 1 in this december....so please kindly suggest me how much should i allot for studies...as i am doing my Bcom simultaneously.....right now I am in SYBcom.....

One of my Client received Rs. 800000/- as Compensation to Waive the right on Agriculture Land which is owned by a Trust. GARDAURI was in the name of my client. However, the registered owner of the land is the Trust.

Now the Trust is paying Rs. 800000/- to my client to waive the Tenancy Rights over that Agriculture Land. And the Trust is paying that amount BY CHEQUE to my client.

Further, the Trust is also selling the that Agriculture Land to any other person.

So the questions are:

1. What wud be the Tax Treatment in the hands of the Trust and My Client (i.e an Individual)

2. Is there any way out to save the Tax on this amount of Rs. 800000/-. Please note that the amount is being paid by the Trust is Through CHEQUE...

I resigned from a public sector bank after serving for 9yrs & 8 months. What is the fate of the pension fund accumulated in my name through my previous employeer

i m doin bcom"(h) i l b goin in 3rd year,,,i l b facin problems completin articlship managin college n takin coachin,,so i want to ask iof i want to complete ma bcom first and continue my CA how can i terminate my articleship,,how can i rejoin it andwhat forms oi need to sign pls suggest,,its urgent

Dear sir,
We are transport contractors.

We hire trucks from the market[truck suppliers].

The consignment notes are generated by us.
the truck providers bill us for the freight[a].

We bill our principals[b].

We deal with registered companies only.

The companies pay the service tax applicable for "goods transported by road".

The service tax paid is on the complete amount charged for tansportation[=b].

Do we have to pay service tax on [a]? if it is requested by the truck provider?

As at present we are not collecting service tax from our customers(they pay it themselves), we submit 'NIL'sevice tax returns.

What is the procedure for service tax in this scenerio??
Vikrant Chadha

TELL ME WHEATHER RAJIV SIR IS GOOD FOR MAFA AS HE IS TEACHING IN SATELITE CLASSES.

A Ltd. is having 40% shares in B Ltd.
Now B Ltd wants to enhance its capital by right issue.

but the co. don want to issue more shares to A Ltd.

and finally co. issue right shares but not to A Ltd

is it valid

plz give reason

we have received an assessment order u/s. 144, in which AO made an addition and raise demand. what to do now ?. thanx

Hai all.

i have passed both ca inter and cwa inter in may, june 2007 respectively. and i joined in articles in sep 2007. and i have not registered for cwa final.
now i want to continue cwa final. Am i required to file form 112.

Is exemption from filing 112 available as i am registered for articles before march 08. Or it is compulsory to file form 112.

Hi All,

Is there any law which says that when ever there is any increament in salary package, it should compulsorily be reflected in basic?

Thanks,