sir,

we have a partnership firm which is doing agriculture plantation( ie, plantation in tea). We are selling the tea leaves to a tea manufacturer. since the Activities are Agriculture in nature Income of the firm is exempted from income tax as per section(10) of the Income tax Act.During the year 2006-07 the Total Sale of tea leaves exceeds Rs. 40 lakhs. Now please clarify (i)whether the firm is liable for tax Audit U/s 44AB of the Income tax act? (ii) whether the firm is liable to file the Income tax return during the period

Can an assessee claim exemption for HRA and Self occcupied property both when he has a house at Goa and he is working at Bangalore and takes a rented house in bangalore and his Goa house is self occupied by his dependent parents?

I passes CA exminations in Nov.06. Presently I am working in a BPO. I want to pursue CPA examinations. Can anyone tell me its detail procedure.

Fact
An Apartment having 24 flats. The Apartment is running by an owners association. Association has a by laws which is not registered anywhere. Purpose of society to maintain apartment, flat owners/ tenants are paying Rs. 500 monthly for maintenance. Further association is earning rent of Rs. 132000 per annum on which TDS is deducted against let out of common roof for mobile tower.

Query
1. Whether registration is necessary, if necessary to which authority/ department.
2. Whether we can obtain PAN with a by laws, not registered.
3. Whether PAN can be obtained without registration.
4. Since the association is only meant for maintenance purpose, not for earning purpose, filling of return is necessary. If necessary what will be the status of association.
5. Whether income of the association will be exempt.
6. Whether tenant (Mobile Tower Company) is bound to deduct TDS.

Please guide further to obtain refund of tax deducted in accounting year 2007-08.

Hi,

One of friend is working in a Public limited company. Salary letter given by the company includes Gratuity. He worked there for two years and then resigned. I would like to know is the company liable to pay the him gratuity as his final settlement as it was part of the salary letter which the company never paid as part of his regular salary.

Best regards,
Samir Ambavi

How to covert a Word document into PDF format?

PLEASE HELP ME OUT I AM IN A GREAT CONFUSION. I AM PURSUING C.A COURSE AND I WANT TO BUILT CAREER IN INSURANCE& MUTUALFUND+SHARE MARKET AFTER COMPLETING MY C.A.IS IT GOOD FOR ME PLEASE GIVE ME ADVICE REGARDING THIS CAREER. I AM HAVING AN INSURANCE AGENCY.

MY QUES. IS THAT IF A CO. WANTS TO CHANGE ITS REGISTERED OFFICE FROM ONE STATE TO ANOTHER THEN WHAT ARE THE PROCEDURE TO BE FOLLOWED BY THE CO.ALSO IN THE CASE OF (1)CHANGE IN NAME.

hi

one of my freind is doing DSA business with a reputed bank

my querry is that as he is provding service he is covered under service tax net but when he apporoch to the customers for service tax the bank said that u can't charge serv. tax to customers as the customers relate to bank and not to them on the other hand service tax authority say you should charge service tax.

Bank simply providing them commission after deducting TDS pls.help me in this regard as soon as possible........


Thanks

Change of Name and change in shareholding is taken place. So the resolutions are passed. Now for filing the Form 23, we need to attach the altered MOA and AOA. For this purpose, any stamp duty has to be paid or not??