I am having June -09 PCC attempt , kindly let me know if we will have to study the AAS or any other standards .
I would really appreciate your concern.

Dear Sir/Mam,
I have following queries regarding Core Capital Asset:

1. What is Core Capital Asset as firstly pointed out by Tondon's Committee for Financing of Working capital?

2. What is the difference between Permanent Working Capital and Core Capital Asset?

3. How to calculate Core capital Asset when Maximum Permissible Bank Finance is also not available?

Form 17 is where is applicable please tell me.

Thanking You

My e mail id is = sunil_kumar10520@yahoo.com

i have doubt on few things...
* How money is created in India.??and how you value it in this monetary systems..?
*Why it is valued in terms of US dollars often?
*Did we have this much debt by the time of independence? or it's after 1991 ..??
* Since money is created out of thin air in bank loans and things you cannot avoid inflation or recession..Monetary system is failure do we know that while we framed this system..???

Hey i wanted to ask that if i have got finished stock in our RG1 which cant be sold due to customer runaway so what do i need to do to remove it from RG..


""The whole procedure"""

And i read somewhere that i can destroy the good by giving an intimation to the excise office. will that do???

Dear Sir

I want to ask that In U.P., if any purchaser purchase Raw Material for Manufacutring purpose from un-registered dealer, in this term purchaser shall have to pay Tax as applicable 4%/12.5% as product to the department and after depositing the tax on purchasing, can he avail the benefit of this deposited tax on purchased agst. Sales Tax Payable (recovered, if yes please guide me and tell me that what is procedure (I mean which is form).

My e-mail i.d. is sunil_kumar10520@yahoo.com

Thanking you in anticipation

MOST URGENT

Please confirm whether partial (i.e 40%) salary arrears pertaining to FY 2005-06, 2006-07 and 2007-08 received during 2008-09 on pay revision w.e.f. 01-01-2006 as per the 6th pay commission are eligible for relief u/s 89(1) of IT Act 1961.

hey i wanted to ask if i got income only from salary and my TDS is deducted by the employer do i still need to file a return???

Whether TDS needs to be deducted on the service tax amount for rent paid for commercial premises?

What happens if Form 15G is filed with Chief Commissioner of Income Tax after the due date due to valid reasons ? What is the time limit if the interest is already paid on 31/03/2009 without deducting TDS ?