I received left over arrears in ths fincial year .so.my income tax arrise .what I have to do for exemption on this arrears amount.

Dear experts what is section 87A and what are its benefits to a assee and for which asst.year the rebate can be entitled . please explain in a detail manner.

I am currently in the second year of my articleship.
Please give me some idea about what the recruiters look for within a candidate before giving industrial training..
Also, please tell whether there is any minimum marks requirement...

Thanks.

Can an intrest free loan can be taken from

spouse
son
father
mother
brother
please comment

As per requirement of company law, balance sheet must show the term loan in two parts:
1) Term loan portion which is repayable within next twelve months and
2) Term loan payable beyond 12 months

Now my query is
How to calculate the amount of loan repayable within next twelve months if I do not have loan repayment schedule with detailed interest calculation.

Some times loan installment is not fixed (specially in case of loan from nationalized banks), in that case how can I determine the amount which is due in next 12 months

Kindly resolve the query at the earliest.

is rebate U/s 87 A is eligible for HUF

what are the consequences if tds paid manually by a entity covered under the provisions of sec 44ab?

best books for ca final preparation subject wise reply please..

Dear All,
We have send 10 drums of materials to my customer at Ranchi. out of 10 drums 1 drum was licked out on the road. Our customer received only 9 drums Endorsement of consignment note by the driver have been done. We suggested to the customer to please receive the entire 10 drums of the materials and issue an invoice for 1 drum so we can receive the same as RM at our end. But the said customer saying that we are not in a position to receive 10 drums not able to issue any invoice in our favour. They may be written on our invoice (xerox copy) that 1 drum rejected and return. Please let me know how we utilize the CENVAT on their condition.

Dear Sir,
Deduction under Chapter VI has increased from 1 lac to 1.5 lac.Please clear me whether benefit of increased amount is available for PPF only or he can invest in any other scheme