Hi,
Let me Know What is the Criteria For Charitable Trust (Tax Treatment)in Income Tax Department.
for eg.
If I Want To Open One Trust i.e To Establish One Temple In My Village. That What Is Treatment of Charitable Trust by IT Department.
& Also I Want To Know That Is Any Schemes or Facility Provided By IT Department?

Hi,
When I Completed my BCom ,Than In Holding Companies Chapter I prepared Consolidated Balance Sheet. But Now I M Confused That What Is Difference Between
(1)Consolidated Balance Sheet & Balance
Sheet.
(2)Consolidated Profit & Loss Account
Profit & Loss Account.
(3)Consolidated Cashflow Statement & Cash
Flow Sattement.

Actually I Want to Know Meaning of Consolidated. In Friendly & General Language not in Bookish Language.

Respected Sir,

I want know Revise Accounting Standard 15 Payment of Gratuity

What is major difference between previous Accounting Standard 15 & Revise Accounting
Standard 15 ?

This was made in previous year 2006-07

Your immediate reply will highly appreaciated


With best regards,


Vilas Choudhari

Hello Experts

Following is said by circular 715 dtd 8-08-95;

Question 15 : Whether section 194C would apply in respect of supply of printed material as per prescribed specifications ?
Answer : Yes.

Does it mean that if we buy a stationery like invoices challans etc. having company's name printed on it and the same shall attract TDS provisions as said by above que. 15 of the said circular?

Or is there any other circular overiding the above circular?

Thanks
Rohit

we paid the rent for ware house to the party .
Party billed us as logistics services.
My query is under which section I deduct the tds from this payment.
iS THIS SERVICE COMES UNDER SEC.194J

wether excise paid on purchase of Block item is available as credit for manufacturing unit

gain on sale of residential flat .Tell me whther i can invest it in one house or two house .

May i please know about section 74 along with its exceptions of Indian Contract Act 1872

what would be the impact if the TDs is not deducted on the transactions which is capital in nature ie, Building Construction contract, Erection of new machinery etc...and please mention if there is any circular with reference to the above issue...

1. can a father and his son make a partnership firm.


2. a Huf(karta,his wife and his son)make a business in equal ratio .is the business is a proprietoriship of above huf or a partnership firm because there are some partners.