im kushal devpura , i have passed pcc this nov with 308 marks, iwant to join my remaining articleship in mumbai can anyone recommend me where i can join. i have posted my cv with various firms but they r not replying? what should i do

What are the various provisions of Company Act & IT Act which are applicable in case a company takes loan from its Directors.

how can we calculate deffered tax liability
for company?

MY QUESTIN IS BELOW.Which way is the best out of following two way.


1) I Am taking loan of RS.50,000.and bank says me if you give the repayment the total amount (RS.50,000), in one time then we will give u Rs.2000 discount.

2) I am taking same loan of Rs.50,000. and bank says me repay the loan in monthly installment Rs.1000.

Now tell me what is the benefit available to Bank in Case-1. because it is provide me Rs.2000 discount on Rs.50000.

And tell me what is the benefit available to Bank in Case-2.

PLS TELL ME WHAT IS THE DIFFERENCE BETWEEN THE WORD "TAX AND DUTY".

BECAUSE IN BOTH THE CASES WE HAVE TO PAY THE TAX TO GOVERNMENT.

An assessee has signed as a guarantor for a housing loan availed by a person known to him. After payment of certain installments, the borrower becomes insolvent. Bank asked the guarantor to pay remaining installmets as a guarantor. Now the question is can the guarantor claim the deduction u/s 80C & 24 for the installments paid by him for a home which is not owned by him?

An assessee has signed as a guarantor for home loan to a person known to him. After payment of certain installments, the borrower becomes insolvent. The bank has asked the guarantor to pay the remaining installments on behalf of the borrower as he was the guarantor. Now the questio is cas the guarantor claim deduction u/s 80C & 24 for the installments paid on behalf of the borrower for a house which is not actually owned by him?

In computing profit of non profit organizations, the following adjustments is making me confused can any one please help me?

On receipt side- sale of furniture on 30.9.99 is 9000
payment side- furniture purchased on 1.10.99-5000

Additional information:-
Book value of furniture sold as on 1.4.99 was 12000. Depreciation is 20%p.a.

Sir, by book value we mean after adjusting depreciation is int? then how is it given that depreciation is 1200 and 500? then loss on sale of furniture as 1800.

Can you please help me Sir? Also can you tell me how will it be shown in balance sheet ? Please help sir.

we provide skilled and unskilled manpower and charge
1 wages to be paid to labour as defined in contract
2 E P F charges to deposit with epef authority
3 Service charges for providing the labour

Is service tax is payble if payble on what amount . on wages+epf+service charges OR on Service charges only

I do not have knowledge abt stock market, can u provide me basic knowledge on stock market to understand it and what other things I do to gain knowledge on it ?

What does SENSEX and STOCK INDEX means and how they fluctuates , what r there effect on the market?