we have share loss Rs. 12.00 lac in F&O for current year 2008-09 and turn over of shares purchases / sales near about 5 corer. please tell me we have set off this loss in my other business speculation income and we are in audit? regular business turn over Rs. 32.00 lac for current year.

HI ALL,

IS THERE ANY WAY TO GET TRANSFER FOR INDUSTRIAL TRAINING, IF PRINCIPAL IS NOT READY TO LEAVE THAT ARTICLE BECAUSE OF SELFISHNESS OF THAT PRINCIPAL.
SINCE THAT ARTICLE IS THE ONLY SENIOR ARTICLE IN THE OFFICE. FOR THAT HE WANTS TO RUIN THE CAREER OF THAT ARTICLE.

IS THERE ANY WAY OUT OR LEGAL ACTION THAT ARTICLE CAN DO & GET THE TRANSFER?

Dear All,

Here is the query

A owner of the Commercial property has entered into leave and Licence Agreement with the Licencee for 5 years and the lock in period is 3 years and has given a refundable deposit equal to 6 months rent to the owner.

The licencee used the property only for one year and decided to terminate the agreement .

As on date the rent outstanding is 4 months and the licencee asked the owner to adjust the same against the refundable deposit and the balance two months deposit shall be treated as a compensation for early termination of the agreement before the lock in period of 3 years.



Query:



whether TDS is applicable on the compensation amount adjusted as above



Regards

Hitesh Khona

In respect of GTA , Sponsorship etc, the service receiver is liable to tax . Can the service receiver claim credit of the service tax so paid by him in cash. what about service tax paid on import of services?

In respect of service tax collected from associate companies, payment has to be made on accrual basis. however can service tax paid to associate companies be claimed as credit on associate basis?

Dear All,

Due to mistake, we have deposit TDS twice. Whether there is any provision to refund it.

Please give feedback on it.

Thanks & Regards

CA. Bijender Kumar Bansal

Is filing of 26Q compulsory even for nil deduction.

I jus took the examination of PCC in june 2009 and want to do industrial traning....cld i do it as i have completed 1.5 y of my articleship traning and what is the rules of leave for the industrial trainee if results remain -ve.....plz suggest me and give me the way of apporaching such company.........thx.

Sir

I would like to know the treatment of the payment made to a company which generally books our ticket for travelling. we make the payment including ticket fare to them so do we require to deduct TDS since the amt exceeds Rs. 50,000 pa.although we are not in any contract with them

hi i have just completed bcom final year and have appeared in p.c.c june09 attemt, now i am confused what to do after b.com.. i am from udaipur (raj.)..
plz sugest me...
thnx in advance

If a partner own a car in its own(personal) name. can he claim depreciation on that car in his firm?