i will go for a self study for ca final.my attemp will be held in nov 2009(which is last attempt in old course)and in pe2,i like to study reference books rather than module.i like to study books which are in big font and provide much space between a letter like a padhuka prakashan. that's reason i don't like to study module. so pls give me the suggesation regarding the books which satisfied my needs. pls its argent.advance thanks for giving me cooperation. thankkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkssssssssssssssssss

If an Employee buys the Car as per the company lease and Company paid the entire amount through cheque including taxes, VAT etc which was being deducted from the Employee salary on a monthly basis and spreaded across three years.

If the Employee wishes to leave the Company in the same financial year and the Car has to be transferred to the Employee name, could you please confirm if the Employee need to pay the VAT (or any other tax) again and if yes, on what amount?

An assessee receive land through will from his husband in the year 2003. The husband had purchased land in the year 1988. Whether the cost of indexation will be done from the F Y 1987-1988 or from the year 2002-2003 i.e. the year in which she has received the land through will. What would have been case in case the husband had purchased the land in the year 1979.

Case ; The assessee is engaged in the business of sub contract of labour i.e he provides labour to main contractor.

Querry : The assessee makes a contract with other small contractors for supply of labour and the contract amounts of such exceeds Rs.50000/- thus making the assessee to make a sub sub contract.
so is he liable to deduct the TDS on this contracts which are sub sub contracts

My question is whether any Pvt/Pub Ltd company can pay Insurance Premium of Directors,Employees,Chairman under Employer Employees Scheme(Not Group Health or any other form of Group Insurance) and get deduction from Profit and Loss Accounts.Is there any limit to debiting of expenses under the scheme.Can corporate select any select band of employees/employee/directors/director for the said insurance scheme.

Please guide me.
E Mail: kashyap@kashyapfinance.com

What is tax audit and the main points to be noted in a tax audit case

Kindly advice as to which form of ITR is to be used for an Individual who comes under 44AB tax audit and who is also a partner in another 2 firms which also is covered by 44 AB tax audits. Urgent.

Hi,

An individual who is a CWA but not practising as a CWA instead drawing receipts from consultancy services (say outsource of payroll work) exceeding Rs. 10 lacs .. whether he is liable to Tax audit under income tax act.??

Similarly,

An individual who is an MBA drawing receipts from consultancy services (say outsource of payroll work) exceeding Rs. 10 lacs .. whether he is liable to Tax audit under income tax act.??

Whether MBA is a profession for Tax audit purpose..

Please clarify at the earliest..!!!

my company has purchased a newly built ship on 15.2.2007. what rate of depreciation to be applied for the period upto 15.2.2007 to 31.3.2007. wheter it is for the pro rata for the applicable days. if that so, on what percentage ?

I am a PCC Student & planning to do MBA (finance) correspondence with CA. Is it necessary to inform the institue about MBA ?