Hi All,
How tax will be calculated on gains received from sales of shares of foreign equity markets?

Points to note
1) All transaction is made on foriegn
equity market by a foreign broking firm.
1) The difference in purchase and the sale
date is more than a year.
2) There is no tax deducted at source.
3) Also please provide tax rates if the
the difference of purchase and sale date
is less than a year?

regards

The ssessing officer asked me to submit a point the poin is ( furnish a brief note on the activities of the company) if u can give me any format of any other help i shal be thankful to you

My client has received a long term capital gain on transfer of a plot. He wants to invest his capital gains in extension of his own house by constructing an additional floor. Will extension amount to reinvestment of capital gains in accordance with sec 54f?

Thank You Ankur Sir for your reply.But please solve this query too.

We had applied for the name availability for a Pvt. Co. on 19 th February 2009 and got the name approval on 24th Feb 2009 but due to some reasons, we cannot file form 1,18,32 and other documents with ROC......and the name got expired on 20 May 2009...

So in this case we didn't had 6 months time for submission of documents with ROC.Can u tell me the section which speaks of the 6 months time for submission of documents after name approval??

Regards

Priya Sharma

whether interest paid on vat/cst (sales tax) is allowable expenditure are not? while considering income from business/profession, please quote section or case laws

I have some doubt in my costing and fm subject marks of pcc june 09.

can i apply for rechecking or retottaling . if yes can someone suggest me the procedure .
plz as soon as possible
email id : coolvijay_90@yahoo.com

How i can prepare theory paper of pcc exam my due date of exam is may 2010, plz ggest to me....
I also ask to any body have notes of PCC course in soft copy of any paper send on my E-mail i.e "moin_ansari2008@rediffmail.com"

I had given my PCC second attempt in June but could not make it again ,
The main reason for this was my Costing and FM marks (18), which I had never imagined , I took classes also where the questions were solved on the board and were then copied by us , please tell me
1) Whether to stick to the class notes or go in for a solved book (Ashish Kalra sir)

2) Should I appear in 1 group only

3) Should I change my Delhi Centre to a smaller city ?

What if I submit Form 15G to bank just to avoid TDS? I am showing the interest amount in my ITR & paying tax on it.

Pls share your views at M/s SR Batliboi & Co. (Employed or Otherwise).