hi frnz....
pls tel me the slab rate for association of persons....

An agency can be created by ________
An agency is said to irrevocable where agency can’t be terminated. An agency is irrevocable in which of the following cases ____________

Which chapter is this topic “ Agency” is in ? Partnership Act or Contract law…
That too in which topic of the topic has this “Agency” been elaborated? I have been trying for 4 days but have not found the answers….

Case A:
If repair cost of building is 15ooo, whitewash epenses are 10000 cost of extension of building is 5 lakh, and cost of improvement in electrical wiring system is 25000; the “amt. to be expense” is _______
a) 50k b)550,000 c) 25000 d) nil

Case B:
X of Kolkata sends out goods worth 1 Lakh to Y of madras at cost +25%. Consignor’s expenses are rs 2000. 3/5 of the goods were sold by consignee at Rs 85000. Commission 2% on sale + 20% of “gross sales less all commission exceeds invoice value”? Amt commisoned is__
a)3083 b) 3000 c)2500 d)2000

Case C:
Micro Ltd issued 15000, 15% debentures of Rs 100 each at a premium of 10%, which are redeemable after 10 years at premium of 20%. The amount of loss on redemption of debentures to “written off” every year is ….
a) 15000 b) 30000 c) 45000 d)22500

The ambiguity lies in the words between “ ”

Plzz help me to find the answers with procedure

Letting of Commercial Property is taxable w.e.f. 01/06/2007.There exists a provision that if the value of aggregate taxable services provided in the previous year does not exceed Rs 800000, service provider would enjoy exemption in the current year upto Rs 800000 of receipts. There is a Company in whose case,rent charged during the year 2005-2006 exceeds Rs 800000.
Will the Co still enjoy exemption in the current year 06-07 since the services were not at all taxable during 05-06 (Services became taxable w.e.f.01/06/2007)

Interest on recognised provident fund was exempt earlier to the extent of 9.5%. It has now been changed to 8.5%. I would like to kmow this change would be applicable from which previous year/assessment year ?

I have subscribed for a Chit of Rs 100000/
I have participate in bid and succeed in draw.I received cash of Rs 80000/after deducting premium of Rs20000(chit Kasar)

I utilised that amount to construct the house.Can I claim that chit kasar as interest under head HP income?

Can I take HRA & Housing Loan Interest Exemption both.

HELLOW SIR
I WANT TO KNOW ABOUT DIVIDEND DISTRIBUTION TAX OUR COMPANY HAS DECLARED DIVIDEND I WANT TO KNOW THAT FOR THE PURPOSE OF PAYAMENT OF DIVIDEND DISTRIUTION TAX WHAT TYPE OF CHALLAN REQUIRED FOR THE PAYAMENT OF DIVIDEND DISTRIUTION TAX.

FURTHER OUR COMPANY HAS TO APPLIED FOR INITIAL PUBLIC OFFER AS CORPORATE APPLIER AND I WANT TO KNOW THAT FOR THE SAME PURPOSE THE RESOLUTION REQUIRED I WANT TO KNOW ANY FORMAT FOR THE SAME.

dear kapil sir,
my problem is that i syudy well in starting but later on it as the time passes on it deteriorates. i have not made any shedule for the study, i study he which i like. actually i dont know the revision technques. some says u should revise fast. but at the time of revision i dont reember anything at the time of revision. so i make starting from the very beginning which take alot of time. i confuses and i leave the study. i was preparing for the first group, my preparation of the corse is about 80 % complete. if i revise. i have chances of passing. but i have lost the zeal required. i am wasting my time.suggest me how to revise. how to revise fast. make me a shedule for the study and revision of II group . i think i can pass that. suggest me a book or notes on INcome tax to study fast it should contain only the relevant matter. help me out!

We are engaging experts for conducting Safety Audit and Training in Mumbai and outside Mumbai which is done in the factory premises. They are used for 3 to 4 days in a month and their payments are as under.

1. Honorarium per day basis -payment by
Account payee cheque.
2. Local conveyance from residence to airport and back Rs.700/ per trip by cash.

3. Daily allowance to meet the expenses on
food,snacks,tea etc Rs 300/per day by
cash.

The air ticket and stay arrangements are done by the company.

Since the item no. 2& 3 are actually incurred by the experts for performing their journey from residence to airport and for the expenditures on the way &stay period, kindly clarify whther TDs is applicable on the local conveyance and daily allowance.

surendranath