in case where there is change of propreitor say from X Individual to X karta of HUF whether 2 seperate tax audit report are required to be given even when the business remains the same

Four school units are run U/single trust.The owner of bldg. of all four school is one Individual only.Each school is paying rent of Rs. 3000 p.m.(i.e. Rs. 36000 p.a.). Total rent together of four schools is Rs. 144000 which is more than the prescribed limit under section 194 I of income tax Act-1961. Whether each school is liable for deducting TDS on the rent (particularly in view of facts that the TRUST is the owner of all the four schools)? Please reply as early as possible.

hi guyz..
i m a ca final student, n my attempt is nov 09. only a few dayz ago gotta knw bout this site,,, i hope u guys wil help me in solving ma probs.
1) i m confused whether i shud take IDT coaching from ajay jain sir or deepak gupta sir? whoz better?
2) i didnt got praveen sharma sir's nov 08 batch, so i hav got myself reg under praveen jindal sir... hw is jindal sir in teaching A/C? wht do i do?

when it is necessary to charge sec 234A, 234B, 234C

can we capitalize the life time tax on the purchase of car

Is the stamp paper invalid after 6 months form the date of issue.?

As per 115 JB, While calculating profits for MAT, c/f depreciation loss or c/f business loss whichever is lower should be reduced. It is also given that these are as per books of accounts.
Does that mean as per the profit and loss account or as per Income tax? Because how can we find the c/f depreciation lossess as per books of accounts? Usually we do not differentiate between business loss and depreciation loss in books of accounts. So how do we find it out.

If a company provides security on behalf of anothr company to any bank u/s 372A, then is it compulsory for the compay to create a charge u/s 125 of the company act.

if yes , then which company will create charge on that asset and why ?

plz reply me soon

is there any new courses launched by ca institute apart from charterd accoutancy?

Dear Experts,

Pls.tell me whether TDS is applicable on printing of various book,vouchers,visiting cards,envelopes,letter heads,etc.

If according to yours is yes then under what sections & also send me a circular if anybody have bec's one of our client is not agree to deduct the TDS they are demanding the circular.

Bill is inclusive of labour, matrial & VAT.On what amount TDS should be deducted? exclude the VAT or include the VAT.

Regards,
Prakash Jasani

prakashjasani_56@rediffmail.com