Dear Experts,

Whether LTCG on sale of shares & securities is taxable under the MAT or not?
pls.confirm.

I also need guidance note for MAT & computation of MAT, if anybody have pls.very urgent

Pls.reply asap.

Regards,
Prakash Jasani

Email ID: prakashjasani_56@rediffmail.com

Hi!
If an assessee has inherited any property from his ancestors will that be inherited by him in his individual capacity or in the name of HUF .
If inherited in the individual capacity and later on converted to HUF property, will provisions of section 64(2)of income tax act and section 4(1A) of wealth tax act attract or not ??

I would like to have the internet site address which provide following data :---

1. Economic growth for Current quarter-I (April 08 to June 08)& outlook for quarter-II(July 08 to Sept 08).

2. Interest rate for Current quarter-I(April 08 to June 08)& outlook for quarter-II(July 08 to Sept 08).

3. Labour market information for Current quarter-I(April 08 to June 08)& outlook for quarter-II(July 08 to Sept 08)&

4. Interest rate for Current quarter-I(April 08 to June 08)& outlook for quarter-II(July 08 to Sept 08).

Pls send your reply asap
Regards
Rajnish

i m done with my Audit completely..
i jus wanted to knw that how to revise it and wat is the best way to recall during my revision b4 exams...
shouldi write a paper and which paprs to write...

Suppose a machinery is purchased two yrs. back and subsidy of that machine is received in current year and a new machinery is also purchased in current year on which subsidy is not to be received. now will subsidy be reduced from new mach. cost or old mach. cost.

Hi Friends!!!!!

Please let me know any one has the due dates for the statutary compliances for A.Y. 2009-10. If any one has pl. mail it to me at

cayateshrenuke@gmail.com

It is most urgent.

thanx

Yatesh

Will it be ok to use the interest rate of 8% for 1 year loan to spouse in today's market scenario for IT computation?


The intention is to use adequate maximum rate. Exact scenario is given below :-

Husband's(H) gross income is higher than wife's gross income. Wife(W) gives her professionally earned money to Husband (H)as loan. H opens FD with bank. Bank deducted TDS with H PAN.

e.g. A ltd. has incurred expenditure on lucky draw for its dealer.(say bike )

wwther this should be treated as

1) sales promotion expenditure or
2) gift

state this with F.B.T. implication

By virtue of notification n0.17/2008, can an export organisation claim service tax paid on the commission to its foreign agents?

Dear Sir/Madam,

I am facing a difficult situation.

Today, I am a qualified company secretary and have cleared P.E.II as well.

Now, there are two directions, one of CS and other of CA

As I am getting paid very handsome salary, how can i compromise with articleship stipend?

Unfortunately, I am very eager to pursue my career as C.A.

What should I do?