Sir,

As per the recent announcement of ICAI a student has to take permission for persuing other courses. However as per the Announcement Regarding Articled Assistants dated 22nd August 2008 Students registered prior to 1.04.2008 are not required to submit form 112 to obtain permission for other courses. I am registered as a student in the year 2006. Please clarify whether i am required to obtain such permission? the new announcement has not clarified whether the old announcement has been cancelled or not!!! I would alsoi like to know whether i can persue 2 courses alongwith CA course. Such other courses are external courses. Hence there is no requirement to attend the college. Expecting an early reply. Thanks

Respected Sir,
Namskar,
This is Vishal from Kapurthala. sir how calculate the sensex & nifty could you please give the answer with example .

can any body tell me that which item ceck in share broking if it is pvt company

If a vendor is raising invoice up to the period 31.3.09 and Tds exemption granted to him is also up to the 31.3.09.but invoice of the same received after march what should be the right treatment?


should we consider tds exemption in April for the period up to 31.3.09? if yes why

HI,

Vehicle is not owned by coy. But petrol expenses reimbursed to directors for their own car used for official and personal use. where to account this exp. in vehicle maint. or Local conv.

Dear All

can anybody let me know that what'll be rate of TDS on rent (bulding premises)if the rent is to be paid to a person who is Non resident

Please reply me asap.

Thanks

Hello Experts

Can anyone please provide me a detailed checklist for Management Audit. I am in urgent need of the same for a partnership firm. My email id is tarun2507@gmail.com.

I have purchased property worth Rs.900000 in Six Equal Installments of Rs.150000 paid by Cheque. The First installment was paid on 1-4-1993 and Last installment paid on 31-3-2000.
After the Full Payment the Cost of Improvement was incurred on 1-10-2000 with the amounts of Rs.200000 Paid by Cheque.
The Possession was received on 1-4-2001 from the Builder along with the contract note on his Letter Pad with his signature on it.
The Purchase Agreement was made on 1-4-2006 from the builder. The property was sold on 31-10-2008 for an amount of Rs.250000.

My Query is :

(1) The Capital Gain on this property is Short Term or Long Term?
(2) If the Capital Gain is Long Term then what date should be taken for calculation of the Indexation of the Cost of Acquisition of property i.e. 01-04-1993 or 31-03-2000 or 01-04-2001?
(3) If 01-04-1993 taken then what is the amount taken for Cost of Indexation and what about the Remaining Installment of Rs.750000. Should it be taken as Cost of Improvement?
(4) If 01-04-2001 taken then amount taken for Cost of Indexation is Rs.900000 or Rs.1100000?

I have purchased property worth Rs.900000 in Six Equal Installments of Rs.150000 paid by Cheque. The First installment was paid on 1-4-1993 and Last installment paid on 31-3-2000.
After the Full Payment the Cost of Improvement was incurred on 1-10-2000 with the amounts of Rs.200000 Paid by Cheque.
The Possession was received on 1-4-2001 from the Builder along with the contract note on his Letter Pad with his signature on it.
The Purchase Agreement was made on 1-4-2006 from the builder. The property was sold on 31-10-2008 for an amount of Rs.250000.

My Query is :

(1) The Capital Gain on this property is Short Term or Long Term?
(2) If the Capital Gain is Long Term then what date should be taken for calculation of the Indexation of the Cost of Acquisition of property i.e. 01-04-1993 or 31-03-2000 or 01-04-2001?
(3) If 01-04-1993 taken then what is the amount taken for Cost of Indexation and what about the Remaining Installment of Rs.750000. Should it be taken as Cost of Improvement?
(4) If 01-04-2001 taken then amount taken for Cost of Indexation is Rs.900000 or Rs.1100000?

Dear Friends,
can you please tell me the new professional tax slabs for karnataka with effect from 1st april 2009.