saji
04 April 2009 at 00:40

PAN cancellation

I've pan card which I wanna surrender.Initially , I spoke with AYAEKAR SAMPAR KENDRA " which is suitated in gurgaon AND den dey gave me 10 digit some reference no...and according to them it will take 2 month.
den after some daysI I found dis link.and through dis link"http://www.sparshitax.net/pan/newPAN.asp".I filled dat form and submitted...SO needs 2 know
(1 )How much time will dey take 2 cancel my old pan card.
(2 ) How can I get acknowledgment whether its done or not
(3) as per dis I'd applied twice 2 cancelled my previous pan..so is it safe na ?


Sand
04 April 2009 at 00:14

Prfessional Tax

For calculation of Professional Tax, various slabs are provided.
If an employee receives less salary in a particular month, ie he falls into a slabe below his regular than
1. deduct PF as per his regular salary
2. deduct less professional tax


CA Abhishek Singh
03 April 2009 at 22:50

capital gains

dear all

pls tell me at what rate short term/long term capital gain on sale of mf units/(equity oriented/debt fund)eq. shares is taxed.


CA Abhishek Singh
03 April 2009 at 22:47

transfer of proprietor

dear all

one of our client had died last month. he was a proprietor. vat no. is issued on his name and till a.y. 208-09 the income tax has been filed on his name?

now what sould be done ?
will a letter to that effect suffice?


CA Abhishek Singh
03 April 2009 at 22:44

WHAT IS "INSIDER TRADING"

HI EVERYONE

RECENTLLY I WAS GOING THROUGH ECONOMICS TIMES AND I CAME ACROSS WORD "INSIDER TRADING"

PLEASE EXPLAIN ME ?


CA Abhishek Singh
03 April 2009 at 22:41

meaning of relative

can anyone explain me the meaing of relative for different purposes of it act.
sect for ex. sec56(2)(vi), sec 64(1)(ii)

myself
my wife
my brother/sister
my father/mother
my grandfather/grandmother
my wifes brother/sister
my son/daughter
my wifes father/mother
my wifes grandfather/grandmother


CA Abhishek Singh

mr. x transfers 1000 14% debenture of rs. 100each to his wife mrs. x without any consideation in 2003. mrs x lends accumulated interest to mr. b and receives interest of rs. 12000/-

my question is interst on debenture will be clubbed in the hads of mr. x but what about interest on money lent by mrs. x, it will be taxable in hands of mr.x or mrs. x?


CA. Jyoti Baid
03 April 2009 at 22:20

Deduction u/s. 80C

Hello Sir/ Madam,
Is Deduction u/s. 80C allowed to HUF for tuition fees paid.


atul kumar soni
03 April 2009 at 20:59

some terminology

PLS GIVE DEFINITION OF SOME TERMINOLOGY RELATED TO BANK.......
1.TERM LOAN
2.CASH CREDIT
3.OVERDRAFT
4.DEMAND LOAN
5.BRIDGE LOAN
6.PACKING CREDIT
7.LETTER OF CREDIT
8.BANK GUARANTEE


atul kumar soni
03 April 2009 at 20:56

some terminology

pls give some terminology related to bank......
1.TERM LOAN
2.CASH CREDIT
3.OVERDRAFT
4.DEMAND LOAN
5.BRIDGE LOAN
6.PACKING CREDIT
7.LETTER OF CREDIT
8.BANK GUARANTEE






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