what would be the depreciation as per the companies act, 1956 and as per Income Tax Act, 1961 (60% - to confirm) with regards to the books (business of running library).

How many types of tax application on work contract of Civil Construction like construction of factory building and what is the rate of tax applicable currently
TDS
Service Tax
VAT
Work contract tax
Any other tax

what are the implications in context of Income tax act provisions if a sole proprietor has not filed income tax return for past 4 years and now he wants to file his income tax return.He did not have taxable income during those years and a loss in 2 of those 4 years

Dear Members,

Please clarify wheather TDS is applicable for softwear purchase, if party is imposing service tax for the same and please give the Sec name

Sir,
AS 22 says that "Assets and liabilities to be netted off only when the enterprise has a legally enforceable right to set off and intends to settle on net basis." most of the companies have shown it as net.
so it is legal in India? does company law say so? thanks

Dear all is it mandatory to submit rent agreement to your employer if you pay rent of more than Rs.3000/- for claiming the deduction of HRA by any ammendment. i think only rent receipt is sufficient

1.PROVIDENT FUND CONTRIBUTION IS 8% OF BASIC WAGE.EMPLOYER CONTRIBUTE AT A SAME RATE WHICH EMPLOYEE CONTRIBUTE.WHAT WOULD BE THE RATE OF CONTRIBUTION FOR EMPLOYEE AND EMPLOYER INDIVIDUALLY?
2.LABOUR PRODUCE 7758 ARTICLES. BONUS IS Rs. 0.25/- FOR EVERY 100 ARTICLES PRODUCED OVER 7000. COMPUTE BONUS?

1. DIFFERENCIATE AMONG BOI,AOP AND PARTNERSHIP FIRM

Sir, my principal has given me transfer on 1st of November 2008.
For the next 11 days I had my Pcc exams and then I joined under my new employer on 13th of November.

Will my period of training be extended by 11 days??

It was to be completed on 30th june 2010. So will it be extended to 11th July or will it remain till 30th June.

As per ICAI, exam days are considered as on duty days, but I was not registered under any CA during my exams.

So, please anyone clear this query.
Thanks.

can any one tell me, which one of the two is more beneficial from taxation point of view as well as capitalization point of view !