Dear All,

Need a clarification in Alternative Minimum Tax (AMT) and Minimum Alternative Tax (MAT).

Also required the difference between AMT and MAT.

Mr.Arun have taken home loan.. Aruns's wife alos is co - applicant for the loan.. House property is in the name of Arun only.. Please explain how can claim interest and principal repayment both Arun and Arun's wife hand?

is it necessary for bank to hold cancelled if yes then for what period ??? or it can destroy cheque?? please help

can bank give loan to its staff less than its base rate?

I want to apply for HUF pan , I understand from uti that I have to give a undertaking to them on stamp paper but they are not sure what will be the amount of stamp paper

Can you please tell, is there any need to type huf undertaking on stamp paper , if yes then pleas tell me what the amount of stamp paper

Regards,
Patel

WHAT IS THE TIME PERIOD ALLOWED TO REJOIN CA FIRM AFTER TERMINATION FROM EXISTING CA FIRM?

Dear Sir, I m Sudeep From Raipur an assessee doing share trading personally. In ay 2013-14. I hv a loss of 34107 from intraday share trading. Being speculation loss Whether it should be audited? And if yes under which section? Books of ac's is required to be maintained? I hv heard that capital income and speculation income doesn't attract tax audits. Only normal business income comes under it. Also I hv admit it on my itr for carry forward without audit. And after sone time I hv received a notice u/s 143(1). In which department has added that loss of 34107 as profit under business and profesion head. And claim a demand of tax. What I hv to do? Pls clarify me thank you.

Dear Sir, I m Sudeep From Raipur an assessee doing share trading personally. In ay 2013-14. I hv a loss of 34107 from intraday share trading. Being speculation loss Whether it should be audited? And if yes under which section? Books of ac's is required to be maintained? I hv heard that capital income and speculation income doesn't attract tax audits. Only normal business income comes under it. Also I hv admit it on my itr for carry forward without audit. And after sone time I hv received a notice u/s 143(1). In which department has added that loss of 34107 as profit under business and profesion head. And claim a demand of tax. What I hv to do? Pls clarify me thank you.

Dear Sir,

Firm Name: Patna Book Store(Partnership form)
Two partner include total Capital Rs 11000/-
i making Pl account there show Net Loss: Rs 13000/- when i finalize above account there i adjust loss in capital account, Now capital show Rs 2000/- Negative

pl advise me capital show negative is correct or not ? where is loss adjust ?

pl sir advice

Pl let me know the procedure for increase in authorised share capital and issue of shares at premium as per Co act.2013