Is there any provision which restricts the use of packing credit funds for non export purposes

Mr.A agreed to sell a land to Mr.B and got Rs.100000/- as advance, later Mr.C A's friend offered higher amount than Mr.B offered, Mr.A accepted new offer and paid to Mr.B 100000/- which he received as advance and a compensation of another 100000/- my question whether Mr.A can take the compensation 100000/- as selling expense? or whether it can be taken as cost of acquisition? if land sold after 2 years of compensation received whether its possible to take indexation on that 100000/-

Sir,

I have paid the Tax for Q3 on 11/12/07 and fill the e return now I want to issue the TDS certificate. Pls. tell me from which date to which date I can issue the TDS certificates.

Thank you

Jaideep

Sir,

I have paid the Tax for Q3 on 11/12/07 and fill the e return now I want to issue the TDS certificate. Pls. tell me from which date to which date I can issue the TDS certificates.

Thank you

Jaideep

I have a query regarding application of Service Tax Provisions in case of person engaged in providing service of painting of walls etc. for advertisement and also construction of buildings for office and residential use of employees of a particular organisation.Can he raise one bill for the same.
Please clarify under which service it will fall and whether there is any exemption in respect of construction of residential houses for employees.

Hi all! I am appearing for pe II group I in Nov, 2008. I cleared group II in first attempt, but I lost group I in aggregate. This Nov, i need to pass group I. Does anyone have the notes of AS as well as AAS....... if so, plz mail me at suryakala_ou@yahoo.co.in.
Also suggest, how to prepare for practical questions in AS and AAS. I have gone through the links given by our experts at caclub. these links are not working. Therefore, please mail me the notes.

Thanks in Advance!!!!!!!!

hai friends ,

i wanted to know what are the books to be followed for final 1st group

i will be thankful to you if i could get the answer

hai friends
can anybody tell me where can i attend the law classes in hyd,

Is chandrashekhar sir of CMS enough for MAFA.

Dear Experts,

Whether following share investment expenses allowable as per I.T. act? under the heads of business & profession ,while preparing computation of income.

1)STT paid on Share & Securities
2)Expenses paid on Share & Securities
3)Expenses paid on Share - F & O
4)Portfolio management Charges

AND

Interest received on FD & Interest received on income Tax whether taxable or not? under the heads of business & profession.

Pls.solve my queries asap.

Regards,
Prakash Jasani
6th June 2008

Dear Sir,

I'm a PG with Fourth rank in Bharathidasan University, Trichi.I have passed PE-II on November -2006 and presently pursuing Articleship at Trivandrum and preparing for Final exam on Novemeber -2009. My Chillhood dream is I want to work with Reliance industry, so Please advice what sort of qualities I should have , if i want to become the CFO of such a big business house.