MY FRIEND GOT MESSAGE FROM INCOME TAX DEPARTMENT THAT REFUND HAS BEEN ISSUED BY CPC I ALSO CHECK ON NSDL SITE THAT REFUND HAS BEEN CREDITED IN ACCOUNT BY ECS ON 16TH DECEMBER 2013 BUT EVEN TODAY I.E. 24 DECEMBER I CHECKED HIS PASS BOOK REFUND IS NOT CREDITED IN HIS BANK ACCOUNT
PLEASE TELL WHEN CAN HE GET REFUND IN HIS ACCOUNT?

what is tax deducted source...?

Dear Sir,
I wish to clarify a doubt regarding Long Term Capital Gain. i.e. If a person have only LTCG only in a particular yea.Whether he is eligible to avails the basic exemption limit?
Ex: If the LTCG arises Rs.152400 in F Y 12-13.Whether he can avail the basic exemption limit or he has to pay the tax @20%

is capital gain is attracted on sale of popular trees?

Can anyone of the CAs/ICWA explain what is overhead absorption and how is it calculated?

Respected Sir,
My query is if assessee has a trading loss then how should it be entered in the books? Is it required to enter each and every transaction and the resultant loss/profits in the books if the transactions are huge? Is it possible simply to debit the loss amount (on the basis of calculations/profit and loss statement) from the bank/cash balance narrating it as loss from speculative trading and loss from non speculative trading? I am asking because the set off of both types of losses is done against specified profits/income only.
My second question is - If the assessee shows big non-speculative trading losses and set off against his income is it a sure shot recepie for scrutiny?
Thanks!

Dear all I am manufacturer of plastic products like all tipes of caps in Gujarat. I want to purchase machinery from out of Gujarat. I am not registered dealer. Can i purchase machineries without form no. 402/ 403. How....???

who issue c form & advantage of c form about purchaser and seller

Define unabsorbed depreciation

Iam a chartered accountant having 3 years expereince in Indirect Taxation & Accounting. I had a good exposure of Auditing during my article ship. now iam working as a Tax Research analyst in MNC and is desirous of pursuing Certified Internal Auditor (CIA) coupled with CISA. Will these two qualifications yield better positions in Auditing irrespective of the fact that my experience is in Taxation and Accounts (Excludung my Articleship)?