while calculating hra , we require salary , hra , rent paid . if basic salary 5000 P.M., D.A. Rs.2000(10% is for provident fund contribution). whether we will take 10% of d.a. As a retirement benefits or not to find salary?

There is a depeciable asset on which i have a query to make.

Opening WDV (1.4.08) = 119000
Less:Sale proceeds(18.08.08) = 103000
Short Term Capital Loss = 16000
Then block was ceasing to exist.
Then I purchased another car in Feb 2009 for Rs. 500000.
So, please refer what to do regarding the loss as well as the depreciation part.
Can I claim STCL of Rs. 16000/-

The assessee is a Corporate assesse and having subsidiary company in UK . The assesse has charged interest to subsidiary on unsecured loans give to it . The Company in UK has deducted Withholding Tax on the ineterest amount and deposited it to Govt uk and given net credit to holding company. Whether The holding Company in India will get credit of such with holding tax and what is the formalties to get credit of it

hay, i was passed pe2 in may08 and i registered for artical ship on 30/10/2008 can i appered in final exam on nov 10.

Dera Sir,
I m student of ICWA Foundation but I m in week in English then help me. how to prepared my study.

can you pls tell me whether surcharge and education cess is applicable for all tds payment made now.i.e.september 2009.

Hi,

We have a Private Ltd. Company and have few Investors in hand, who are ready to invest about Rs. 300 crores with us for a period of, say 15 to 20 Years. They are ready for even 0% OFCDs.

- We do not want to issue equity shares

- Pls. guide us on which instrument we should raise such capital

Whether we can raise 0% OFCDs (Optionally Fully Convertible Debentures) for a period of 15 to 20 years?

Suppose we issue preference shares, we have apprehension about:
1)dividend
2)maturity
3)redeemable / irredeemable

Is there any other instruments prevelant in the market to raise funds in large, scale, provided the investors are ready to place money.


Pls. consider this on priority

best regards,

Rajesh Pillai

Can anyone let me know which book can i refer for Costing Theory of CA Final (Existing Course) that would cover all the important theory in short but valuable manner.... Pls let me know ASAP.

Thnaks....

Query

In a company for doing any business under Factories Act, we need an industrial license. If the company wants to do any other business than whether it requires another industrial license for other business or it has been add on that business in the same industrial license. If it requires a new one, than what is the procedure for it and for this purpose which documents needs to be submitted?

Dear,

i wanna know whether service tax(10.3%) & cst(4%)...both will be charged in bill.i purchased some IT equipments ...where party charged both service tax & cst...

so pl. advice...