I have one Dought regarding Valuation of Shares as closing Stocks. Can we Value them at Cost ?

I have few queries in Treatment of Bank Interest earned by joint holders in the below cases so please answer separately for all the cases...

Case - 1:
An assessee earns salary income & deposits it in Saving Bank A/c in which her mother is joint holder, then can we show bank interest earned during the year in her mother's return instead of assessee?

Case - 2:
If we make fixed deposits from the salary deposited in the SB A/c then can we show interest earned from such Fixed deposits during the year in her mother's return instead of assessee?

Case - 3:
If both assessee & her mother earns income & deposits in such joint Saving Bank account then what treatment should be given to bank interest earned during the year & in whom return will it be shown?

Please solve this queries in clear answers...

Dear sir,

What is the last date of filing of vat return and if i regularly file the vat return but for some reason i missed the return for more that two quarter what should i do is there any penalty for that pls explain

thanks and regards

When the next DISA AT Exam will be held? Please let me know if any body get the information regarding this.

Thanks in Advance

if a housing property in the name of husband/wife.
can husband/wife taken HRA receipts for deduction of HRA. from his/her spouse.

pl answer the above asap.

thanks in advance

if an individual has two housing property and both are self occupied. can taken housing loan for both properties.

can he claim the Intt and Princial for both housing property?

Case-(1)
An assessee earns salary income & deposits it in Saving Bank A/c in which her mother is joint holder, then can we show interest earned during the year as income of mother in her return instead of assessee?

Case-(2)
If we make Fixed Deposits by withdrawing cash from such A/c then can we show interest earned as income of mother?

which course is best among icwai,cs & ca.
what is the starting package of icwai fresher?

On 21.04.2009, The Delhi high court has struck down the levy of service tax on commercial property rentals.
The high court’s order is applicable in the entire country with retrospective effect from the day the tax was levied on commercial property rentals.

Can any body clarify the applicability of the above high court order? I mean whether the service tax collected earlier for the same is to be refunded to the relevant party. And if yes what will an assessee had to do to collect/ Refund back the service tax paid to the government?

Best Regards
CA Suresh Choudhary

what is the meaning of tution fee in income tax act, can we taken computer fee/library fee/term fee/laboratory fee/examination fee also for considering the tution fee.

please clearify the above asap.