CA Shilpa Dekhane
31 December 2008 at 11:25

partnership with NRI

Does any one help me for the following:

One of my friend who is a Chartered Accountant wants to enter into the
partnership with a person residing out of India (he is Indian, but residing in UK for last 15 years). Can anybody know the procedure?

Will he have to take the permission of Institute for such partnership??

SHILPA


Dilip Gupta
31 December 2008 at 11:17

Rules regarding E-Filling of ITR

Dear all,
I want to know about rules for E-filling of ITR. Like where the printed acknowledgement should be filed and in how much days it should be filed. Further if there is any refund due from Department than how assessee will get his refund.


Jayesh Jagetiya
31 December 2008 at 11:03

TDS payment with interest

Dear Friends,
We have not paid the TDS of Nov, 2008, due date of which was 7th December, 2008.
Now we want to pay the same with one month interest. Now what is the last date for the same? 7th January, 2009 or 31st December, 2008?




PANKAJ MISHRA
31 December 2008 at 10:55

ENTITLEMENT FOR CA FINAL MAY09 EXAM.

SIR,
I AM HAVING STUDENT REGN.NUMBER KK-14410 DT.31.07.1987 AND FINAL COURSE REGN.NUMBER KNF-0012327 DT.22.09.1998
CAN I AM ELGIBLE FOR CA FINAL MAY-2009 EXAM. OR ANY OTHER FORMALITY IS PENDING?
PLEASE CLEAR.


Naveen Kumar
31 December 2008 at 10:39

Overall limit for Deduction U/s 80 D

Hi! All

I have some doubt agst. exemption limit under section 80 D
It is written in various books that the limit is Rs 15000/- P.a and Rs. 20000/- in case of senior citizens.

Please tell me if the assesse has separate insurance policies for himself and his parents, then can he claim separate deduction on the mediclaim policy of his parents. I saw in google search that the overall limit is Rs. 35000/-

Please clarify me in this doubt.

Thanks & Regards
Naveen Sharma


Muthu
31 December 2008 at 08:31

Query regarding termination of articleship

hi all,
i am doing articleship in chennai tnagr .... for the past 3 months i joined training from 1 of sep 08... simultaneously iam doing mba also in distance education .... i asked my auditor for providng me leave for my mba exams but he refused to give me leave...so i wish to terminate from tnagar firm, but my auditor is not willing to sign form 109 for termination .... how to solve this?? how can i quit and join other firm.... please provide me necessary details regarding termination of articleship and moreover what is transfer of articleship &what is the difference between termination and transfer????????


Pankaj
30 December 2008 at 21:24

college function sponsorship

Hi,
say a college collects sponsorship over Rs.8 lakhs from corporate clients for its annual festival and signs MoU with them for this purpose. MoU states that corporates will be allowed to place their billboards, signboards etc for their advertising.

Whether these payment will be covered under advertising services and college should collect service tax on this? If so, college is not having service tax regn. no., how would it deposit?

How much income tax liability will be there and how much TDS, the sponsors should deduct?

Please note that not a single client is paying more than Rs.5 lakhs.

Also please advise the way in which tax liability and complicacies will be least?


madhur gupta
30 December 2008 at 20:50

deduction u/s 54 EC

hello friendz
plz tell me whether ded.u/s 54 EC is available against short term capital gain also besides long term
bcoz word given is"any capital gain"
thankx


Practicing CA
30 December 2008 at 20:09

Excess Credit for Set off

In case of Retailers of Drugs & Medicines, if the tax liability on sales is less than the amount of tax paid at the time of purchases, whether the excess credit can be carried forward to next tax period? Whether we have to submit stock statements for the same? Also if for FY 2007-08 the stock statement is not submitted, can we send it now & to whom to send the same?
Please suggest....


abvvora
30 December 2008 at 19:52

Stamp duty for Bank Guarantee

A company based in Gujarat and issuing bank guarantee in favour of beneficiary located in Maharashtra. What would be the stamp duty rates
= Whether it is 0.10% of amt. of BG
or
= on Rs. 100/- stamp paper





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