A question wch even many experts wer not able to answer............
Questions are:
1. How does a examiner evaluate the exam papers of ipcc?
2. What does the examiner needs from ipcc students?

Dear Sir,
whether loss on sale of asset is allowed for a company, if block ceases to exist and there is two losses one is for the income tax purposes and the other one is for the companies act purpose.
whether loss on sale of assets as per companies act is added and the loss as per income tax es deducted while calculating taxable income. please provide the treatment thereof.

sir,i have applied for termination and sent form no.109 to icai,but i didnt got reply from icai since one month.should i wait for some more days? and i didnt snt my old id card to icai along with 109 form.should i have to send ?i joined artcls on feb 25 .plz sugest me sir

Can Anyone help me that how to get a certificate to obtain deduction under section 35AC Regarding animal husbandry.

we have an client, having registered as trust, his main object to preserve the cow from butchler, now he has 18000 cow and he has tonnes of dung, by using that dung he research to produce electricity and LPG type Gas.

To Obtain an exempted profit from that activity he wants to obtain licence under section 35AC.
Please Guide me the procedure to obtain certificate for eligible to obtain deduction under section 35AC

suppose i have raise labour bill on 31/03/13 amt. to rs. 200000/- but the party recd labour bill on 02/04/2013 & tds deducted on 02/04/13. now my query is that when can i claim tds whether in f.y. 12-13 or 13-14.

Is the Company liable to deduct any TDS u/s 195 on payment of Consultancy charges to a foreign individual who is on behalf of the company provides service in foreign country to foriegn buyer?
The foreign consultant does not have any permanent establishment in India nor does he provide any services in India.

If section 195 not applicable then can you provide us from where it is clear in Act for our future reference.

sairamadithya831@gmail.com

Whether repayment of education loan is eligible for deduction at the time of assesment of Income Tax ?

Service tax for Land & building cost
or
service tax for building cost only.

kindly reply

If i will do industrial training only for 9 months, is there any requirement to do articles again under my principal for that 3 months in last year of articles?