Dear All:
Can you guide me for the following:

I would like to know that whether a CA in practice can have a different sole proprietorship under his/her name??
Example, suppose I am Shilpa, having CA firm in the name of Shilpa D. Raut & Co., in such case can I be the sole proprietor in the name of XYZ Financial Services???
Can I accept the outsourced whole time work under such name???

Please help me.

Thanks
SHILPA

if a housing loan is taken on 02/02/2006 on property which is under construction which will be completed on 07/07/2009.
suppose interest paid from 02/02/2006 to 31/03/2009 comes to Rs. 275000/- and frm 01/04/2009 to 31/03/2010 Rs. 165000.
how deduction will be allowed?

I HAVE DEPOSITED RS. 120000.00 TWICE AS TDS ONE IN 07-08 AND OTHER IN 08-09

HOW CAN THIS BE ADJUSTED

Our company reimburses to employees for fuel, telephon, vehicle running & maint.(including drivers salary) on the basis of supportings vouchers, which is actually a part of salary.

My different questions are :
1. Can we book the amounts as "Fuel Reimbursement", "Telephone Reimb", "Veh. R/M Reimb" or we should book directly under "Fuel expenses, Telephone Expenses, Vehicle R/M expenses".
2. Since all these reimbursements are paid to individual employees as per grade entitlements fixed, if we opt for paying FBT on these, will there be any problem in justifying that why we are not taxing it to individual employees and paying fbt on that.

3. In case of vehicle, our company also incurrs expenditure on pick/drop of employees by hiring out cabs/buses. Company also incurrs expenditure for other offical travelling (hiring of cars and expenses on owned cars) expenses done for employees, customers, etc.

Whether these expenses will also be covered under FBT along with depreciation on owned cars + expenses in point no. 1.

Is TDS should be deducted on when works advance given to client?

My client company says they are Registered with Excise duty & VAT and that was fully paid So TDS should not be deduct on their bill amount. Is there is any provision like this.Plz tell me?

The Basic Bill Amount is 175600. Excise duty is 25321(14.42% on 175600). In this case on which amount VAT should be Calculated Whether it is on 175600 or 200921(175600+25321) Plz clarify me In which section this topic disscus?

How to know the standard rent for the purpose of calculating income from house property. ( For Practical Purpose)

What is DISA and who can do it?

700 Bags of groundnuts were sold by a person.
The bags were identifiable with marks, were lying in the warehouse. Unknown to the seller, 109 bags were stolen. Later, the seller delivered 591 bags of Groundnuts to the buyer. Can the buyer void the contract ?
I would be grateful if I ciould get an exact answer .