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raman
01 January 2010 at 19:30

QUERY

SIR, PLZ ANS THE FOLLOWING QUERIES :

1. IF A PERSON IS 'PART TIME' ENGAGED IN INVESTING IN OPTION DERIVATIVE THEN INCOME,IF ANY,IS TAXABLE UNDER PGBP OR CG

2.IF PGBP, THEN IS IT SPECULATION INCOME OR NORMAL BUSINESS INCOME

3. SHALL HE HAVE TO MAINTAIN BOOKS OF A/C IF INCOME EXCEEDS 1,20,000 /-( WHAT IF SPECULATION INCOME? )

4.WHAT TYPE OF BOOKS ARE REQUIRED TO MAINTAIN AND HOW IT IS RECORDED IN BOOKS

5.FOR SEC. 44AB , LIMIT OF 40 LAKH IS TAKEN FOR CONTARCT VALUE OR GAINS ONLY BECAUSE BUYER OF CALL/PUT OPTION HAS TO PAY PREMIUM AND ON SETTLEMENT ONLY DIFFENCE IN PRICE IS SETTLED.( SEC 44AB APPLICABLE , IF SPECULATION INCOME)

6. IF IT IS SPECULATION BUSINESS INCOME THEN AUDIT IS REQUIRED OR NOT

THANKS IN ADVANCE

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avinash

Please tell me the Depreciation rates for gold and silver vessels AY 2009-10.
And also tell from where you get the rates.

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Jayesh
31 December 2009 at 13:35

Works Contract

Sir / Madam my client is devveloper of land & constrct buildings. My question is whether he is liable to take VAT Tin No. & He has deucted TDS on Works contract, how he can pay it to government tresury withought TIN no in maharashtra

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Anonymous

hi... i am working as an accountant in a company it is a newly establised company in the construction field ( basically builders)

i want to know how should i book the direct and indirect expenses in the books of the company, frankly telling i have nop idea about accounting of construction company.

pls tell in detail ...means proper headwise detail.

pls help me urgent..

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Baljinder Singh
31 December 2009 at 10:12

Cash payment exceeding Rs.20000/-

Dear Sir,

We have make the cash payment for Squarred of Vehicle loan of Rs.9 Lac to Kotak Mahindra Prime Ltd.

Pls help me its allowed under income tax act or create any problem for disallowance.

Its very urgent for take necessary step.

Regards
Baljinder Singh

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vidyasagar
31 December 2009 at 01:35

BSNL JAO NOTIFICATION

I am Awaiting ICWA final result

In BSNL JAO notifi it was asked to apply on provisional basis,
certificates r to b submitted on scrutiny

so I applied, to test my luck

there r no replies from BSNL HR for my queries

Can C.A/C.W.A experts solve my problem


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Anonymous
30 December 2009 at 22:57

REGISTRATION OF TRADE MARK

SIR
WHAT IS THE PROCEDURE FOR REGISTRATION OF A TRADE MARK?
THANKING YOU
SAMPAD MOHANTY

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Dimpal Kumar
30 December 2009 at 15:34

Capitalisation of Fixed Assets

Insurance expenses paid at the time of purchase of a new Car , Whether should be capitalised to the Cost of Fixed Assets ( Car) or should be Charged to Revenue .

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Anonymous
30 December 2009 at 12:40

tds on tyre retreading

My client - a partnership firm - runs a tyre retreading unit. One of the partners is having a bus unit in which all tyre retreading is being done by my client. The bus unit pays monthly by cheque to my client.

Now the bus unit has been advised todeduct TDS on tyre retreading sicne it is a contract.

For my clinet, there shall be too much of TDS and then will ahve to claim refund. Money will be blocked.

Does the bus unit have to deduct TDS. Any suggestions to plan this

REgarrds

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Anonymous
29 December 2009 at 21:05

ROC filing

A Director has misplaced his DIN number and what should he do now for him to submit for roc filling.

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