Ravi Satpal
This Query has 1 replies

This Query has 1 replies

14 September 2007 at 22:36

aritcle in CA Newsletter

with respect to the experts,
i have a query:
i had send a article on "Evolution of Corporate Governance in India and Abroad" to be printed in the CA Student Newsletter. But they sended me a reply letter that my article is not suitable for printing.
my question is that on what basis they choose the article, i have seen some articles which were not so important but printed,
may i know wht is the procedure for selection of article....
thx


nishrin
This Query has 1 replies

This Query has 1 replies

14 September 2007 at 22:17

Applicability of sec 44AE

If an assessee is involved in goods transport business and also travelling business( gross receipts not exceeding 5lacs in last 3 years).Is he liable to maintain books of a/c u/s 44AB or can file return u/s 44AE??


s.lohani
This Query has 1 replies

This Query has 1 replies

I studied science in class 12 with pcmbe, and have applied for cpt nov07. I am good at english, but am having problems understanding Merc. due to its complicated usage of words. My teacher who passed final 6 years ago, says that we should learn the section in which the acts have different provisons. but whi;le seeing the exercises behind, i didn see any questions regarding sections.

Plz suggest me an effective way for studyin this law efficiently


T.V.Vaikundan
This Query has 2 replies

This Query has 2 replies

14 September 2007 at 18:35

Houising loan Interest

Facts
1. The property is in the name of Mr.X
2.The property is leased to Mr. X's company and Mr.X stays there under Lease agreement with Mrs.X
3. The Rental is paid in the name of Mrs X with Form 16A TDS deduction.
4. House property Income is assessed in the name of Mrs.X with deduction being taken for Interest on Housing loan sanctioned in Both Mr.X and Mrs.X's name.

Can the Interest on Housing loan paid be claimed by Mrs.X.


Ramnarayan
This Query has 1 replies

This Query has 1 replies

14 September 2007 at 18:31

Customs Act, Foreign Trade Policy & FEMA

A Machine will be placed at customer's site at abroad to complete the specified contract. The Machine will be returned to India on completion of contract. The customer will place a deposit of 50,000 Euro with us.

QUERY:
What are the applicable provisions, procedures & documentation under Customs Act, Foreign Trade Policy, FEMA or any other laws ?


T.V.Vaikundan
This Query has 3 replies

This Query has 3 replies

14 September 2007 at 18:31

Houising loan Interest

Facts
1. The property is in the name of Mr.X
2.The property is leased to Mr. X's company and Mr.X stays there under Lease agreement with Mrs.X
3. The Rental is paid in the name of Mrs X with Form 16A TDS deduction.
4. House property Income is assessed in the name of Mrs.X with deduction being taken for Interest on Housing loan sanctioned in Both Mr.X and Mrs.X's name.

Can the Interest on Housing loan paid be claimed by Mrs.X.


Abhijit Pimple
This Query has 2 replies

This Query has 2 replies

14 September 2007 at 17:20

Availment of Credit

Sir/Madam,

We found that, During the previous period Service Tax element was wrongly debited to Expenditure account. Thus the Expenditure was wronly booked.
Now can we rectify the Expenditure by Crediting the amount to Exps account and Debiting to the Service Tax Receivable account?
Can we take Input Service Tax Credit for this amount in current year?

Please suggest taking into account all the implecations ie in regards to Income Tax and the Service Tax Angles.

Please let me know the provisions in this regards.

Regards,

Abhijit Pimple


durga prasad
This Query has 4 replies

This Query has 4 replies

14 September 2007 at 16:58

MIS REPORTS

WHAT TYPE OF MIS REPORTS GENRATED IN A MANUFACTUREING UNIT.WHERE I GET THE FORMATS


S.RAVICHANDRAN
This Query has 2 replies

This Query has 2 replies

Now what is the ceiling for not deducting Provident Fund and ESI for an employee.( To the best of knowledge it had been Rs.7500)


Sanjeev Kumar
This Query has 3 replies

This Query has 3 replies

14 September 2007 at 16:25

Section 139A & 272B

Is non quoting of PAN No. in Quarterly return will attract apenalty of 10,000/- only or 10000/- per case of non quoting of PAN of deductee.





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