Avinasheswar
This Query has 5 replies

This Query has 5 replies

12 December 2007 at 10:27

Effect of Forex

How does fluctuations in foreign currency effect the stock market? What happens when the value of Rupees fall or rises against Dollar?


khaleel
This Query has 3 replies

This Query has 3 replies

12 December 2007 at 10:10

pcc qualifaction

g m sir, one of my frd has al ready appeared in 10+2 exams in 2007 n he also appearad in cpt in may 2007 n passed he also got pass certificate also but he failed 10+2 after passing 10+2 in 2008 can he register for pcc in 2008 or he should write cpt again ? pls reply


Avinasheswar
This Query has 1 replies

This Query has 1 replies

12 December 2007 at 09:59

US Fed Cut

What is US Fed Cut and How does US Fed Cut effect the Stock Market? Can someone please explain it in detail?


Prateek Biyani
This Query has 1 replies

This Query has 1 replies

12 December 2007 at 09:37

Deemed Dividend

What is Deemed Dividend Concept u/s 2(22)(e) ?


Pushkraj Sathe
This Query has 10 replies

This Query has 10 replies

12 December 2007 at 09:32

Income Tax / Gift / Accounting / Law

The Balance Sheet of A shows a Loan from his mother of Rs. 25 lacs borrowed 15 years ago.Now the mother wants to gift this money to A. A wants to pass book entries for this transaction as follows:

Loan a/c Dr. 2500000
To Capital a/c 2500000
(Being loan from mother converted into Gift vide 'Gift Deed' Dated .....)

Is gift by book entries prohibited under any Act?


CA Anil Jain
This Query has 5 replies

This Query has 5 replies

12 December 2007 at 09:02

deduction U/S 80DD and 80GG

80GG- Whether for salaried or all assesees?????


80DD- If exp.& Subscription is less than 50000/750000 whether even then 50000/75000b will qualify for deuction??
What will happen in case of blind member (HUF) no exp. has been incurred???


CA Venus B Gohel
This Query has 3 replies

This Query has 3 replies

12 December 2007 at 08:16

a fresher CA in dilemma

After completion of CA when we want to join any good company, we are asked our expected pay package. The question becomes vital while we are approached by a foreign company. How to decide the pay in a currency with which we are not familiar?


NAEEM
This Query has 3 replies

This Query has 3 replies

11 December 2007 at 20:09

Tell about international course

Hello sir i would like to know about some international course . I know only CIA tell me about it


DHAVAL
This Query has 3 replies

This Query has 3 replies

RESPECTED SIR,

IN A REF. BOOK I SHOW ONE EXAMPAL, THAT IS ONE NSC PUR. AT 10000 RS. DATED 12/12/2000. AT THE TIME OF COMPUTING RETURN FOR THE P.Y. OR FINANCIAL YEAR 2000 - 01, CALCUATION OF INTEREST FOR THAT NSC FOR THAT REMAINING PERIOD ( FROM 13/12/2000 TO 31/3/2001 )IS NOT TAKEN IN COMPUTATION. AND IN F.Y. 2001 - 02 INTEREST IS CALCULATED FOR THE WHOLE YEAR AND GOES ON FOR OTHER F.YEARS.

[ Q.1 WHY FOR THAT RAMAINING PERIOD ( FROM 13/12/2000 TO 31/3/2001 ) INTEREST IS NOT CALCULATED AT TIME OF COMPUTATION ? ]

[ Q.2 THERE IS ANY RULE THAT FOR CALCULATION OF INTEREST AT THE TIME OF PUR. YEAR INT. IS NOT TAKEN INTO CONSIDERATION ? ]

[ Q.3 INT. IS CALCULATED ON CUMULATIVE BASES ? ]


Vidya
This Query has 1 replies

This Query has 1 replies

11 December 2007 at 16:57

TDS on Debit Note for reimbursement

Hi,

One of our clients, 'A' provides infrastructure to another company 'B' and B deducts TDS u/s 194I and pays infrastructure charges to A.

But A also pays various other charges, like Security, housekeeping, professional charges to third parties and raises a debit note on B towards its share of expenses.

Is TDS applicable on above. If yes, at what rate?

Would there be any difference if there is a contract to this effect?






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