what is vces scheme.how to avail it

I am a student intending to pursue MS in USA.
For my visa interview I am required to show liquid assets equivalent to amount specified in my I-20(immigration document) which is 20 Lakhs. For this I received cash from my uncle which i want to deposit directly into my account. Do I have to get ready with any kind of documents for any Income tax related queries in near future.

For what amount there is prosecution under Tds refer the case law if any???

Hi, I have a small doubt in capital gain on residential property. For example I had a longterm capital gain of Rs.20,00,000 for AY-2007-08. I had invested Rs.20,00,000/- in property in AY-2008-09. If I sell the property in 2014 March , can I claim the cost of acquisition. I have confusion Since it has already claimed as an exemption u/s 54, how can I get deduction of cost of acquisition once again. I think it is a double benifit. please suggest whether cost of acquisition is deductible twice , one in the form of section 54 another in the form of indexed cost of acquisition. Regards Eswar Article Trainee

could you tell me pls, how election affects share market

Hi, Our client has received $.1,00,00,000 from relative . out of which 50% received through money order type 25% receved by hand. balance 25% received through bank account. Infact the person received the amount is a director of one company which is newly incorporated and not having bank account. Actually total amount received is towards share application money .amount received on 01.01.2009. Accounts are yet to be finalized and income tax returns are also to be filed. till date shares not allotted . as an alternative we want show loan or gift ? but loan disallowed u/s 269s . please suggest.what is the best alernative

hey,
will tds be deducted in case of payment to an organisation namely SS enterprises for supplying newspaper in school?
There is no specific contract with them.
Bill for the newspaper has been prepared under Hindustan times letter head and ht media has asked to issue a cheque in favour of "ss enterprises"
Please suggest

Sir,
Please help me in following case

I am a service provider
I have input CENVAT credit of 12000/- Rs.
I have provide a service which fall under reverse charge mechanism of RS 1,00,000/-. on which i am liable to pay 4944/- Rs.
can i utilize CENVAT Credit for this liability and claim balance 7056/- (12000-4944) as refund

Hi, Our client is having income tax demand for AY-2009-10 which appearing in e-filing profile. When I request for intimation resend by mail , it was showing intimation order does not exist . I have contacted incometax tax office and I asked them on what basis this demand has come. They told it is computer generated demand . what to do? Regards Article Trainee

Dear Experts,
Is "cotton coated fabrics" ( knowns as artificial leather) taxable according to MVAT? Please provide with reference, of the answer.