Can Fixed Assets can be in Negative in the Fixed Assets Schedule after charging Depreciation as per Income tax Act 1961.?

Sir,
I want to know the present ceiling on no. of audits undertaken by the auditor.

If single Bill which consist of Part purchased cost & labour cost ,TDS to be deducted on Whole amount or only LAbour cost

Dear all,

Can anybody clarify the foll. doubt.

Transport charges charged in the Purchase bill by the supplier. Whether TDS to be considered for the Freight when it exceeds 50,000/- in a year.

Kindly clarify your reply to finance@jove.co.in

Madam/Sir,
I have not made any payment(i.e. brokerage) in a quarter. Whether I have to file nil return (Form 26Q) for the same quarter or not in the F.Y.2008-09. If the income of a person is not taxable, should he file income tax return for the year 2008-09?

i have a lots of shares of diff. companies. i trade daily in shares market.
then i want to know that what will be the method to calculate the STCG and also tax on the same.
suppose i have purchase the 25 shares of A co.on 5th may @ 50/-per , also 25 shares on 7 may @ 52/-per and 10 shares on 10 may @ 53/-.
on 12 may 40 shares sold out @ 52.50 per.
then in this case what rate i will take to calculate the gain

thanx
caamitbansal2007@gmail.com

i have a LIC policy, which is to be matured within 15 days. i want to ask that matured amount will taxed or tax free.
please solve the querry and send the ans to (caamitbansal2007@gmail.com).

Thankx in advance

DEar Madam/Sir,

let me know that whether pooja expenses are liable to fbt.

and second that cateen expenses is liable to FBT or not meal provide to staff during office houri.elunch expenses.

third--- salary paid to mess cook( canteen) isliableto FBT ? if canteen expenses is liableto FBT


With regards

Rinkusharma

hi,
any body please tell me what are the consequenses for not filing TDS & service tax returns.
which sections should i refer or which IT rules i should refer?
please help me.
thanking you.

If company is paying professional fees to its director. Is it necessary that such director has to be authorised to act as such?
What compliances have to be complied with?