hi friends ,
this is haranath,
my query is,

Mr. A inherits a house property from his father, who had mortgaged it. Mr. A discharges the mortgage debt. Mr.A later sells the property. Can he claim the amount paid to the mortgagee as cost of improvement in computing the Capital Gain?

If yes, please refer any case laws.

suggest some gud coaching centre @kolkata 4 pcc. my attempt is in may 2009.When 2 apply 4 coaching .I m a resident of jorhat assam

firm tds on contractors limit 1000000/- over for the month dec'07.

In previous tds rate 2.06 deducted. From Jan'08 onwards 2.266 deducted (with surcharge).

In present month bills deducted tds with surcharges, in previous bills also changed with surchage (2.06 instead of 2.266)

my query is total bills effected 2.266 or above 10laks bills only?

please sir

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

Can you please tell me if any class or tution available for Income Tax subject for May 2008 CA Final attempt in mumbai western Line.Please let me know urgently.

Is the service tax applicable to monthly subscription amount payable by subscriber?
If not which services of chitfund company are subject to service tax? could u please give me the applicability of service tax?

i want this to be clarified. One of my friends registered with in Old CA inter and is yet to complete the same.I came across some news that for Ca inter nov 2007 is the last attempt. and some say it is may 2008. e even the SIRC people cannot clarify correctly.
kindly provide clarity on this contentous issue.

help me...
how should i start for cs inter.

Hi Experts
Why There are certain shares listed in both BSE and NSE. What is the logic behind the same share being available in both the exchanges? Will the price of a share in both the exchanges be same? Is it possible to buy the share in one exchange and sell it in another exchange?

I know that Income tax Act 44AB governs Tax audit. Then what is Statutory audit? If they are different Can a tax auditor be a Statutoty auditor of the same company?