whether a salaried person give a loan in cash above rs 20000
is their any consequence\contravention of any provision of I.T ACT

Please explain about the Accounting Technician Certificate, Is it useful for a candidate who has completed CA Inter to get this Certificate. What are the benefits of it.

Is it mandatory for CA inter passed candidate to get this certification.

A service provider rendering Commissioning and Installation services, charges his customer Works Contract Tax (WCT - a State levy) but not paying service tax on the grounds that Sales Tax is paid. The department says that WCT is not equivalent to Sales tax and involves both material and labour hence wherever WCT is paid service tax is to be paid on the whole contract value after due abatement. ST is not payable only in cases where the service provider is paying VAT. Is the departments view is correct?

House hold withdrawls of owners was drawn from current account of the business. How this expenditure will be treated for taxation purpose?

what is the meaning of peer review??please reply

The client is selling readymade(Textiles). Does he covers under the above act.The goods are packed. but thereis no selling price on the goods when client purchases goods. Just he puts sales price on the goods.

Whether commisson based bonus is taxable and forms part of Salary for HRA purpose.

Dear members...
my client got a loan from nationalise bank but that loan is in joint name now my question is that loan amount is credit in which name both jointly have filled his incometax return regularly.
Another question is Interest of that loan amount is debited in which person's account.

What is the maximum limit available to claim the deduction under Sec 24(b) as relates to interest on housing loan in case of rented property

Respected Sir,
Can anyone confirm me about if a newly established company earning Profits is liable to pay bonus to its employees (if its time of establish is less than 5 yrs) kindly explain rules and regulations about the Payment of Bonus.

Thanx in advance