There is one housing co-op.society having residential flats and it having only maintenance income and F.D. interst income.

If it's income exceeds the taxable income or not, whether it is compulsory for co-op. soc. to get it's account audited???

plz give refrence to particular section.


thanx

I have taken loan against house alloted to me.I have received allotment letter but still i have not received possession of that plot.My question is weather interest on loan taken for payment of house instalment is available for deduction or not under section 24.

Dear All,

Pls send what is the calculation method of depreciation (For Comapany).
Pls give also example. Best if send in Excel format.
Awaiting your valuable guidence.

Any body plese sent a board resolution to authorise one director to open a branch office of company

what is the penalty if the employer does not deduct tax every month and instead does the same at the end of the year

Hi all

I prepared a slide in power point with my co's logo and name. I want that design of slide fixed it means no body can change that design. How to add design in MS power point then I can send this design to my branches. That design should be in the list of slide design?
Pls reply immediately
Byeeeeeeeeeee

Hi All

Please send me the new Tax slab for the assesment year Fy 08-09

Reag
Bharat

how many leaves can a cpt student avail in his 3.5 yrs articleship training? pls reply soon to help me.????????????????

we wants to make a payment exceed rs. 20000 for revenue expenditure, but according to section 40(A)3, we can not make payment exceed rs. 20000 otherwise account payee cheque/dd, in case that amount will be disallowed in income tax.

than how we can make payment exceed rs. 20000 and book these entry in books of account.

Hi,

The Cenvat Credit of Input Services can be availed only at the time of payment of the value of input service is made.

Query - At what time such 'Payment' is considered to be made. Is it
a) when the cheque is handed over to the vendor, or
b) when the amount is debited in the bank account, or
c) when the payment is recorded in the books of accounts or,
d) any other time ( please specify)

Please quote your answeron the basis of relevant rule/notification/clarification/judgement etc and NOT ON THE BASIS OF GENERAL LOGIC.

Regards,

Ajay Gumbar