My client has 1000 sq. mt of plot costing to Rs. 1500000. While ploting 100 sq. mt is kept open as per govt rule and plotted 2 plots of 450 sq. mt each. At the time of selling these plots, cost of acquisition is for 500 sq. mt or 450 sq. mt
1) 1500000/1000 or
2) 1500000/900

Can a HUF claim deduction u/s 80C on the tuition fee paid for the child members.

I have created a HUF consisting of myself, my husband and my two sons. My mother in law want to gift Rs. two lacs to the HUF. I want to know whether this gifted amt is taxable in the hands of HUF or is it tax free and if taxable then what amt Rs. two lacs or rs. 1.75 lacs will be taxable. Further, If taxable whether deduction under section 80C will be available.

hello sir
i got an offer to join a CA firm as partner after some time. i hav only to give commission to his existing partner.
I m a fresher CA nd have just clleared the exams. I have completed my articleship from S.S. Kothari.

I am confused in deciding whether i should go for job or practice. i want to know where is good scope for growth. whether i should accept his offer or not?

ca article - how much they get

pls send me the date of result of pcc nov.08 as it is confirmed from icai

Ours is a pharmaceutical public ltd. company in H.P. I want to know whether the liability of manufactuing chemnist who is also a director can be fixed legally. I mean is it possible that in case of any problem in future like if any sample of medicine fails, the mfg director may be held responsible for the problems and other director can not be held liable legally.
Plz ans
Thanx

I am working in manufacturing company from last 33 years and holding part time COP also.
I have never done anything related with practice.

In year 2008 I have completed 12 CPE hours

Whether it is mandatory for me to complete 20 CPE hours?

If I will surrender part time COP still Requirement is same or changed

If their is an contract with a Transporter to provide truck as require to us at fixed rate & unloading charges that transporter pays reimburse by Co. (Separate bill is prepared for Unloading Charges)
We r paid service tax on Transportation value as per contract, Is their any lability on service tax Unloading Charges which is reimburse by Co.????

Plz. answer the following:-

1)Who is Tax Return Preparer and what is the criteria to be a TRP?
2)What is Keyman's Insurance and who is the Keyman?
3)What is IOU paid to the employees?
4)What is OFF SHORE BANK ?
5)What is Gold Bond ?