HOW WILL BE A PERSON INVOLVE IN DAILY TRADING IN SHARES TAXED ?
WHETHER HE IS TAXED AS LTCG OR STCG OR HIS PROFIT WILL BE TAXED AS INCOME FROM BUSINESS OR PROFESSION ?
AND WHY ? PLEASE SPECIFY THE REASON.

THANK YOU.

In a demerger scheme, the Resulting Companies allot shares to the shareholders of the Demerged Company. Whether there has to be a correlation between the value of the undertaking to be trasferred on demerger and the value of shares of the Resulting Companies? In other words, when the break up value of shares of the Resulting Company is less than its face value, should the Resulting Company allot more shares to the shareholders of the Demerged Company or vice versa?

Transfer of capital assets through family arrangement from one company to another under section 391 to 394 of the Companies Act, 1956 is not regarded as 'transfer' under the Income Tax Act, 1961 and hence not liable for capital gains tax. (Recent Judgment The CIT Coimbatore Vs. M/s Kay Arr Enterprises (MAD). Whether such a Scheme can provide for carry forward and set off of unabsorbed business loss and unabsorbed depreciation of the undertakings to be transferred on such family arrangement to the new company though sec 2(19AA) is not satisfied?

YUF India sent sutudent to YUF USA for study and youth for understanding (YFU)India remitted amount to YUF USA for insurance of students, Travel expenses and high school semester fees.
whether YUF India have to deduct the TDS on above remettance , if yes at which rates and under which section.
Is any DTAA agrements are exist between India and USA.

All above remmitences are reimbursemet because the fee has been deposited by the YFU USA.

Is it necessary to mention all the sections in laws paper ?

Dear All,

Can you guild me what are all documents required to be file with registrar of company and respective regional director for Section 25 company incorporation.

Thanking you in advance.

Best Regards,
Rakesh

i want to knw the concept of cenvat credit related to service tax? pls quote with an example....

Hi,
I cleared my CA Inter in 1998 and since then I haven't given a single attempt for Final. I am giving my first attempt in May 08 ( group 1 only) . I have heard that students who don't clear by May 2009 will have to appear for new course. I have started studying after a break of 10 years and I am not sure of my prospects of clearing in 1st attempt. My query is suppose if I clear one group by then , how will Institute treat that in the new course. Will I be required to appear for these subjects again under the new sylabus?

Do they intend to put any restrictions on number of attempts for CA Final?

Regards
Sandeep

Hi,
I cleared my CA Inter in 1998 and since then I haven't given a single attempt for Final. I am giving my first attempt in May 08 ( group 1 only) . I have heard that students who don't clear by May 2009 will have to appear for new course. I have started studying after a break of 10 years and I am not sure of my prospects of clearing in 1st attempt. My query is suppose if I clear one group by then , how will Institute treat that in the new course. Will I be required to appear for these subjects again under the new sylabus?

Do they intend to put any restrictions on number of attempts for CA Final?

Regards
Sandeep

hi!!!
where, one company/agency which carries on the task of unloading of shipped goods/imported goods on indian port for other company (assessee co.) and provides other related services to that particular co., then under which sec. the co. is required to deduct and pay TDS.
will this be considered as contract and liability to deduct TDS u/s 194C or whether as commission & brokerage as per sec.194H and liability to deduct tax u/s 194H.
if this considered as contract and tds is deducted and paid u/s 194C then what will be implications if the amount is shown in the bill of shipping agency co. as 'Agency fees' separately.

Please reply asap.

thanks,
gargi.