Dear All,

Please reply to my following query at the earliest:

"A SICK COMPANY AFTER SO MANY YEARS OF STRUGGLE ,COULD SELL S PROPERTY (BUILDING) ONLY TO PAY OFF THE STATUTORY CREDITORS.SO THE CASE OF SHORT TERM CAPITAL GAIN ARISES.HERE I WANT TO KNOW,IS THERE ANY CASE STUDY /CIRCULAR/NOTIFICATION AVAILABLE SPECIFYING THAT CAPITAL GAIN IN SUCH CASES ARE EXEMPTED?"

THANKS



Rupesh

is the any donation is made for the trust for the rehabilitation of physically handicapped person is eligible for the 100% deduction for the donor under the section 80G?

Hi friends plz help me......
I joined a Construction company on 4th feb'2010.
When i joined there i came to know there was so much tds miscalculation ........
we were making payment for security guards Rs.7500/- p.m & tds u/s 194C should be deducted. so i calculated the tds for whole year & deposited it before 31st march 2010. now problem is i forgot to deposit interest on the above tds before 31st march 2010. can any1 plz help me & advice wat should i do now for that interest? is there any remidy or way ......

We passed a entry for Doubtful Debts provision last yr i.e.
Bad & Doubtful debts Dr
To Provison for Bad Dets Cr.
Now we want to write off this prov mean these are complety bad debts.What exact entries i have to pass in accounts.

I WANT OPERATING SYSTEM OF PLA.
PLZ HELP ME.

How should one treat this while preparing holdind co. B/s(treatment of pre acqn profits):-
The shares(of subsidiary co.)purchased on 31.7.1999, are ex dividend & Ex bonus from existing share holders...
Dt of acqn no's cost
1.4.99 8000 110000
31.7.99 6000 86000
Total shares in subsidiary co-20000

The a/c's of Holding co are prepared as on 31.3.2000.

The assessee is a specified employee i.e director of a company..Basic salary is 4,20,000rs.P.A.(35000rs a month) Please computer Income tax in such a way that tax liability is nil..No other income under any other head..I have taken 1,20,000 deduction under 80c,cc,ccd, and HRA, as deduction..still getting tax liability of around 3500/-...what other perqusite/allowance/deduction can be made to bring tax liablity nil?

WHAT IS JOB WORK. WHAT IS TREATMENT OF LOCAL JOB WORK AND CENTRAL JOB WORK. AND WHAT SHOULD BE PERPORMA OF A INVOICE WITH JOB WORK

Do I have to take VAT on Farashkhana (Mandap Keeper) Business.
one of my friend said to me that if you are paying VAT on Farashkhana Business so you also have to Pay Service tax as per data


I am little bit confused..


Please explain about this consequences.


thanks in advance

Hi,

we have filled etds return for Q3 of 08-09, but its status is as "rejected" now, we find out that some other company has filled their e-tds return by mistake on our TAN no., I have checked with NSDL as well our assessing officer, but they are not able to help me, can you please guide me with the solution.

Nazir