Plz sir, tell me the rates of tax which will be applied in nov. 2009 pcc exam.

Shareholders of a closedly held LIMITED CO. passed a resolution on 13/9/2008 in connection with capital reduction, company has not taken any further steps as required now it do not want to reduce the capital, i,e want to recined the resolution passed by the shareholders in EGM dated 13/9/2008.

kindly reply what steps should company follow to recined the aforesaid resolution.

I am preparing for ca PCC Exam for the month of MAY'10 but when i start reading LAW & Audit i am not able increase interest in it please guide me for preparation of these two subjects.suggest books to be followed.

Income Tax Query:
A person is working on ship for 4 months outside India, he is in India for the f.y 2008-09 for 4 months & he stays out of India for 8 months ( in which 4 month he is on ship but working in India). He is working in shipping company & he gets a form 16 in India for the year.


Details :

April to july : not working
August to November : on ship out of India
Dec To march : on ship but working in India.

So how can I file the return for the year 2008-09 wht is the taxable amount & wht is the exemption.


Regards
Amol

asset below 5000 are item wise or gross figure of particular asset

for eg:- 100 mobiles costing 4800 are purchased....

......then we will depreciate it 100%

.............or 13.91%

someone told me that in comentry of p&l it is given that will check the value as a whole..... so here dep rate will be 13.91%........
is he correct ?????


plz also giv legal evidence....or case reference........and r commentry a suffficient legal proof???????

Pl let me know upto what extent a company can issue bonds & Debentures ?

Is there any registration required with ROC for the registrations of Bonds / Debentures ?

Hoping a quick updation for the same.

Regards

Amit Gupta

Hi,
I need Word Format of Indemnity Bond for the purpose of Income Tax Refund to be declared by Individual (Non Mintenance of Books)for the purpose of collecting Cheque for refund from IT Department and is it necessary to be excuted in Rs100/-stamp paper.My email Id is krina208@yahoo.co.in

I want the suggested answers for June 2009, r they published by the institute. email id unit144@gmail.com

Hello Friends I got 25 Marks in Cost & FM, 45 Marks in Taxation and 54 Marks in IT & SM

But I expected 50-55 Marks in Cost & FM, Can any body tell me how can i deal with above situation means i want to get my cost & FM rechecked. Can anybody tell me what is the procedure for rechecking. Urgent.

Thanks.

WHAT IS THE INDUSTRIAL TRAINING ? WHEN A ARTICLE CLERK JOIN IT ? WHAT IS THE TIME PERIOD FOR IT ? IS THERE ANY BENEFIT OF IT ?