Any one can tell me rate of RBI on 01-04-2007 for calculation in Income tax

IS THERE ANY CHANCE TO AVOID TDS ON COMMISSION AGENTS. WHETHER PAYMENT TO THEM CAN BE MADE AS INCENTIVES WHICH COMES UNDER SALARY CATEGORY. SUB BROKERAGE OF MUTUAL FUND AGENTS COMMISSION ARE EXEMPTED. A LEADING PUBLISHING CO. IS NOT COLLECTING TDS FROM THEIR AGENTS, WHO MAY BE LOW PAID AGENTS BUT COME ABOVE THE THRESHOLD LIMIT OF RS. 5000.THIS IS VIEW OF THE PAN NO REQUIREMENT OF THESE AGENTS.

Is Bank Closing is a Public Holiday with reference to holding AGM by a Company.

Is it possible that there can be a difference between output tax of seller and input tax of purchaser because of any reason ( for eg. seller charges vat after 8% discount and purchaser after 10% discount). please clarify the aspect of VAT.

is it necessary for a charitable trust to get itself registered u/s 12AA ,if it proposed to carry out a project u/s 35AC , or will it be right if only its project is approved u/s 35AC

A company provides Transportation allowance to employees which is exempt under Section 10 to the extent of Rs.800 P.M. in the hands of the employee. Whether the Company has to pay FBT on the transportation allowance given to its employees?

can any one provide case laws on setoff business losses from income from other sources?

WHETHER FBT IS APPLICABLE ON REIMBURSMENT OF PETORL EXPS. TO EMPLOYEES?

AND SPECIFY WHETHER ANSWER WILL DEPEND UPON PETROL USED FOR CAR OR SCOOTER/BIKES

Sir,

I am working in muscat, and i am preparing on my own for the final exams which is scheduled in may 08. i am preparing for both the groups.

can anyone suggest me how to go about covering the entire syllabus for both groups and come out in both groups successfully in may 08

thanks in advance

Balaji S.

what is the meaning of "fmv of the date on which option vests"in amendment in finance act
2007? word "vests" means- 1.securities offered or 2.option opted by employee