Can tds be deducted on the payment made for the Printing & Stationeries wherein the Party is Charging VAT on it? However the substance of the transaction is that the party is printing the brochures & frames as per the specifications of the company.

Dear All,

I have recently qualified Company Secretary course and I am working in a MNC. I hold other qualifications like B.Com and LLB. I would like to pursue further other courses related to Finance/tax. Can anyone suggest me the very good courses.

For me pursuing CA is not possible and are there any courses which I can pursue along with my working schedule and has good scope in finance/tax.

As per 3 proviso of section 48 indexation of cost is not to be done for debentures. Howeveras per section Taxability of LTCG, listed security is chargeable to tax @20% with indexation or 10% without indexation whichever is nore beneficial to the investor. So whether indexation can be applied for listed debentures also & what will be the tax rate.

An assessee earns a salary income of Rs.7,50,000 per annum after deduction of all the statutory Liablity like P.f.Profession tax etc.During the year he suffers loss from share transaction business for Rs 1,50,000.Can he setoff the loss from salary income.Please also guide some tax planning to reduce the tax liability from salary income.

what is the accounting treatment to be done in the books of a cooperative housing society which maintains and runs a retirement community for old people - it takes lumpsum amount equal to sale consideration but the ownership of the property is not transfered - and collects some maintenance charges every month for operating and maintenance. It is done only to keep up the sancity of the retirement community - so that the same and like minded kind of people take its benifits.the outgoing member can take away the initial deposit money paid if he is leaving the community and some other member can join in his place - but is restricted only to the old people - so now the basic questn is WHAT IS THE TREATMENT TO BE GIVEN TO THE INITIAL DEPOSIT IN THE BOOKS OF THE COOPERATIVE SOCIETY - AND MOST IMP CAN A COOPERATIVE SOCIETY BE FORMED ON THE BASIS OF SUCH PRINCIPLES .

In case lease of STPI unit is expiring on Jan 09 can we claim 10B deduction for A Y 2009-10?
In case we transfer the income to some other already existing STPI/SEZ unit can we claim the 10B deduction through that already existing unit.

Hello to all members of CA Club India.

I have a query about Eligibility of Associate member of our institute for pursuing PhD.

I am in possession of an MoU between ICAI & University of Pune which states that FCAs are eligible for PhD.

Now here are the query(s):

1. Is there any university where Associate member (ACA) is eligible for PhD?

2. Has any member of CAclubIndia registered as a PhD student in ANY university? If so, please drop a mail at adityapanse@gmail.com

3. Does anyone know of a person who can guide me in this regard?

VAT liability arises on booking basis or on actual receipt/payment basis?

Dear all
Thr s a doubt on Finance act application onto Ca-PCC xamz nov.08. I hv my PCC xamz in nov08. now th question s which finance act would b applicable to me-----
finance act-07,,or
Finance act--08.
As per ICAI guidelines,anything that comes before 6 mnths of xamz is applicable for the relevant xamz and th finance act 2008 s as such applicable frm april onwards,,,that falls into said criteria of 6 mnths. but it got its assent frm president on 10th may,08 which s outside th criteria of notifications applicable that comes before 6 mnths.
now I am confused that weather to Nov. 2008 xamz finance act 07 or finance act 08 be applicable??/???/?

I am told about th Finance act 07 being applicable as Finance Act 08 got itz assent in May 08 so it is not applicable to us but to may n nov 09 xamz..


But I need an answer from xperts.
So Plz. kindly respond n help me out of this stupid well.

Thanking in anticipation
Regards
Ankit

Suppose we have made the TDS payments on bills of two different quarters through one challan.How should it be shown in Tds return of both Quarters?