If Mr.X has two residensial property he sales one property for 1000000/- and buys a new residentialproperty for 3000000/- as on 1/5/2007 and other res.property he sales on 1/5/2008 for 1000000/-and repays the loan which he has brought from bank to buy the new property.(the new property cost is 300000;he pays 1000000 out of sale of his first res. prop.and remaining 2000000 loan fro hdfc.)
Can you please tell me that repayment of the loan from sale of second res.prop.will be consider as deduction and no capital gain will be levied.
Please reply.

wht do we meAN by Value at risk margin and extreme loss margin ?
how do we calculate such?
how do we read such

DEAR ALL



ONE OF MY FRIEND TAKE HIS STIPEND IN CASH FROM LAST 11 MONTHS. AND HE GETS CHEQUE FROM NOW. WHETHER IT IS MANDATORY FOR RECEIVED A CHEQUE PAYMENT FROM HIS CA .



WHAT HE TOLD ME THAT CAN I RECEIVED CASH CONTINUE OR HE MAY GET BACK THE CASH TO HIS CA AND RECEIVED CHEQUE`S FOR LAST 11 MONTHS ALSO.



PLEASE ADVICE







SHALEEN

Dear all
Can any one tell me, What is duty free entitlement?
and how do we account in the books of account?

Regards
Ravikumar r c

ravikumarrc@gmail.com

Dear all
Can any one tell me, What is duty free entitlement?
and how do we account in the books of account

Regards
Ravikumar r c

ravikumarrc@gmail.com

Dear all
"Expenditure incurred on construction of additional floor on rented premise"
how do i account this expenditure in the books of account?

Regards

Ravikumar r c
ravikumarrc@gmail.com

a proprietorship concern transfering his business to a company for 1/3rd stake in the company. for such the proprietor would receive in addition to his share more 30 lakhs rupees in cash or kind.
what is tax impact?

hisir kapil g thokre in my previous question i had asked u that if i register for pcc in april 2008 then when will be my attemt n u had said that it will be in nov 2009 now i want u ask u if i want to write pcc in nov 2009 then i should register before may 2008 i mean my registration papers should reach chennai before may 2008 or if i register in local icai before may 2008 . pls answer sir.

the society is regst with the registrar of societies and now after 10years of its formation it wants to file its return with the income tax.
will it have to submit any audit report with the income tax? will it be in form 10B.(the society has not claimed exemption u/s 11 & 12)

As per Query No.3 of Board of Studies announcement on 3rd Aug 2007 Can i apply for PCC Study material to my Reginal office at Rs.400 ?

Query 3. (i) Can a Professional Education (Course-II) student other than those who have passed Professional Education (Examination-I) or Foundation Examination appear in Professional Competence Examination to be held in May 2008 or Nov 2008?
(ii) What are the conditions to be fulfilled?
(iii) Whether ITT or CCT is compulsory?
Answer: (i) He / she can appear Professional Competence Examination having exhausted all attempts of Professional Education (Examination-II) only in November 2008.
(ii) He / she can apply to the Board of Studies for issuance of study materials. They have to pay cost of the study materials which has been fixed at Rs.400.
(iii) This category of students should complete 100 Hours Information Technology Training or should have completed 250 Hours Compulsory Computer Training before joining articleship. They are not required to complete ITT / CCT before appearing in Professional Competence Examination as this is an equivalent to Professional Education (Examination-II) offered to them as a special concession.