WHETHER DAILY POOJA EXPENSES COMES UNDER FBT OR NOT BY A COMPANY

Sir/Madam,
I want to know How I shold plan for my PCC exam. which is going to be conducted in May2009.Also How much time I should devote to my study OR near exam.

1.Sec 2(ea) of wealth tax said that `` any building is treated as an asset and it includes- commercial building'' while act also said that any property in nature of commercial establishments or complexes should not be included in the assets as building. What is difference between commercial building and commercial establishments or complexes ? I don't understand when a building should be taxable and when not ?

2.If i had a shop and given on rent whether it is included in my wealth tax return as assets or not ?

Dear Sir,

With referce to above subject,ABC Company
purchased Machinery for Rs. 380000.00 & it's useful life is 12 Years & at the time of purchase Scrap Value is 20000.00. Company Charge Streightline Depreciation method.

After two years its scrap value is increase by 30000.00

I want know about Historical cost change or not

Advice me for same

Your immediate respose will highly appreicated


With best regards,


VILAS CHOUDHARI

Husband's(H) gross income is higher than wife's gross income. Wife(W) gives her professionally earned money to Husband (H). H opens FD with bank & invests remaining part of that money in stock markets on his name. Bank deducted TDS with H PAN and all transancation done in stock market are with H PAN.

As the money given by W to H is gift & the money was earned by W with her professional skills, doesn't the section 54 income tax clubbing rule apply here? If yes, then W may be responsible for income tax on invested income. Please note that H's individual gross income is higher than W's individual gross income.

Dear Colleagues

I want detailed Audit plan and Audit Checklist on leasing.

please share the file.

With Regards
Saicharan

If company director is doing something wrong then as per the companies act after taking safety of the remaing director what remedies available so that removed director will not take any action which affect the continuing director.

if one has to take proprer care then which section of the companies will look in to for any penal provision against the continuing director, has to face if they forceably removed the director doing mischief.

is removal is based on the majority share holding criteria. it is a pvt. company limited by shares and 1 group holding 66% vs another group holding 34% shares and the minority are foreced to quit.

WHETHER INTERNET CHARGES FOR A MFG COMPANY INLUDED IN FBT OR NOT? IF INCLUDED UNDER SEC. 115WB(2)(A) OR 115WB(2)(J)?


PAGE 1,

WHETHER HIRING CHARGES FOR VEHICLE INCLUDED IN FBT 115WB(2)(H)?.....PLS EXPLAIN ME

at starting how much salary may be offered to me as a CS, if i have degrees of MBA (Symbosis) & M.com (IGNOU) along with CS, further having 6 yrs experience under a reputed CA firm (+) average communication skill.