hi to all,
i want to know the complete treatment of assets purchased below Rs.5000, whether we have to capitalise the same or expensed off within a year. and wat would be its treatment under Income Tax act,1956

Dear Sir,

can a Director(Indian) of the Pvt. Co lend loan to Co. and charge interest.

if answere is yes, what it will be , if the Director is Foreign National or NRI.

Please guide me.

hi

i got into mess.. i registered myself in new syllabus, exams were in may10.. now icai says i can appear in nov09.. do i get to study in old syllabi now???

iam maintaining books on cash basic. i raised bill in the year 2006-07 and received payment in june 2008 and showing income in the year 2008-09 than in which year i shoul claim tds.

Dear Sir,

Our Company is in to the business of Property development and Leasing My query is that

Our company got Land under 99 Yrs of Lease for the Development we have started Constructing Factory for our sister concern at that land and we were showing all expenses for construction of Building Under Current Assets as Building Under Constrcution WIP after the completion of Construction of Factory we have transferred all expenses to Factory Building under Fixed Assets from Current Asset is Capital Gain is applicable for the same transfer

Regards

Ravi Konda

As the pe-2 examination extended to may 2009.so plz can you tell me who is the eligible 4 that extended period as i am pursuing pe-2 exam.

Kindly let me know about the difference between lead manager and share transfer agent.
Thanks.

Anil

Kindly let me the difference between shares, derivative and mutual fund in all respect and status.

Thanks.

Anil Kumar Kedia

Company is in the business of booking accomodation other then tour package for client along with cook and other facilities, accomodation which are given for stay is taken on lease by another sister concern company. how much service tax in to be charged for accomodation and what about the luxury tax and if any other tax applicable, pl let me know. Thanks

Mr.A purchased agricultural land during Dec-2005 and declared income from Agriculture land in his return of Income for rate purpose. Agriculture Land is situated in a village, which is beyound 8 K.M from municipal limit and population is less than 10,000.

Whether sale of above agriculture land during July 2008 will attract short term Capital Gain Tax.