can i claim the roc filing fee for increasing authorised capital, if yes, please mention the under which sec and otehr supporting caselaws

dear all,


i have two queries
1) how is Inventory of Jewellery Valued and Disclosed in F/S.-is there any specific method apart form AS 2

2) How are live stock and animals valued , depreciated and disclosed?

( say a Co in hill station uses Horses or other cattle to Transport goods.
are these cattle a Fixed asset to the Co? if Yes how are these Fixed assets Depreciated? as AS6 does not cover live stocks? is there any other method applicable to live stock )

Under which head would, the income earned by way of intraday transactions entered on a recognised bourse, be charged and what about transactions entered on the F&O segment of the market?

What is the criteria for tax audit if an assessee has commission income earned as a canvassing agent?

What is the penalty for submission of return after ue date i)in cases where tax audit is compulsory and ii) in other cases.

I would like to know the procedure that is needed to be followed to declare an interim dividend by a private limited company.

Assessee sold an asset on 25th March 2008 and booked long term capital gain of Rs 5 lac.

As per Section 54EC to claim exemption he needs to invest Rs 5 lac in NHAI/REC bonds within 6 months i.e. before 25th Sept 2008.

But he needs to file his return by 31st July. So can he open Capital gain A/c in July'08 and deposit that 5 lac for time being? Subsequently in Sept'08 he will invest that 5 lac in stated bonds.

I am asking this because I heard - to claim exemption u/s 54EC, assessee doesnt have the option to open Capital gain A/c. He has to compulsorily invest it in stated bonds before the due date of filing return.

What is the rate for Festival expenses qualifying under FBT as per the amendment in the Finance Act 2008.

Could you help me in sending cash and MIS formats

My query is that, whether submission of audit report u/s. 44AB is mandatory for the F.Y. 2007-08?
Whether any penalty u/s. 271B is leviable in following cases:-

01.Assessee has obtained audit report within & filed ITR-IV within 30/09/2008 and did not submitted Tax Audit Report.

02. Assessee who has obtained audit report within 30/09/2008 & failed to file ITR-IV within 30/09/2008 (Not submitted Audit Report).
(The case is not relating to Bihar or Orissa)