how will be calculate tax liability on gifts given to father in law above Rs.5000?

Whether TDS deducted u/s 194J if the transaction is related with State Govt.

Please inform me whether CPE hours obtained excessive than actually required will be carried forward in next year?

For e.g. For member in Industry, 10 CPE hours are required p.a. If I obtain 20 CPE Hours in a year, can I take the advantage of the balance being carried forward in next year?

Thanking you in advance,

With regards,
CA. SUJAL MEHTA

Recentely I have joined in an organisation, there is no documentary evidence of minutes of various meetings i.e. Board and AGM since its formation in 1993. What should I Do to make the system update? What is the period limit for keeping the minutes? Can any body update me in the matter.
Santosh

one of our party is having car loan from
kottak mahindra prime ltd.are they liable
to deduct tds on car loan intrest paid. the point is kottak mahindra prie ltd cannot be considered as banking inst. rather its other financial inst.

Assessee is an individual and has sold a property during a relevant previous year.At the time of assessment proceedings A.O. rejected the actual sale value and considered the value adopted by the stamp duty authority.He also disallowed selling expenses as assessee failed to produce any evidence in relation to same.Consequently penalty proceedings u/s.271(1)(c) have also been initiated.In this situation what stand can the assessee take?

when will be Reults of nov 2008 exam declared.

hi

if the fundamental assumptions are not followed then is it sufficient that a disclosure is made in As-1 or should the auditor qualify his report even after the disclosure is made?

thanks
tima

hi

to be level-1 enterprise for applicability of AS the conditions are the Turnover must be > 50 crores in the previous year or Borrowings must be > 10 crores. for borrowings is it in the previous year or in the current year?

thanks
tima

A building taken on rent . Service Tax is paid on rent.The same building is given on rent by the tenant to another party and service tax collected on the same. Can we take the cenvat cresit of service tax paid to the main owner.