Dear sir,

Please tell me that, What is the form C and its use...


Thanks,
Vijay

Dear sir,

can u tell me the difference between form 16 & Form 16A.

what is the use of Form 16A..?


Thanks,
Vijay

hi every one
i hav two queries
1)if an asset is purchased for cash exceeding Rs 20000/- , then sec 40A(3)gets attracted . then whats the penal provision for such as , however , asset purchased will not be allowed as deduction as it will get captalised

2) is it possible that a private company be listed in stock exchange . ( obviously no ) , but my quiery is that why Reliance industries , TATA is referred as a private undertaking

In a pvt. ltd. co. during the year 08 - 09 Rs. 80000/- Cash received from Party was stolen , out of building premises.FIR files in local police station. so this exp. allowed in enpenditure or not.

Dear Sir,

Please guide me in case of 57 f 4 challan.& Maintaning ragister of this challans.

We run a retail brand. During the year 2008, we made a provision for writing off some stocks. Though the provision was made we did not remove these stocks from our inventory. During the last month we did a sale of 70% off and sold some of these stocks. We incurred certain expenses for selling them.

Now is it possible for me to reverse the provision to the extent of the profit made. Profit being (Total Sales – Expenses). i.e I am not accounting the sale in my top line. Instead I am reversing the provision made in the overheads to the extent of profit.

Dear all,
1st issue:-

1) Mr. & Mrs X are in possession of two house property. They want to sell their first house and want to invest the sale proceed in third house. Whether they will get the benefit of Section 54 of Income Tax Act.

2nd Issue
2) How the LTCG can be divided in between the couple who have taken joint loan and opened a joint bank account for servicing of EMIs. Any of the couple keep depositing amounts in bank account for payment of EMIs. For claiming deduction under Section 80C of Income Tax Act, they declared 50:50 ownership by affivit-davit, However in reality they donot segregate who is making how much payment.

Thanks

Subhash

The Company is paying medical allowance to its employees and calculates FBT on Rs. 15,000 per employee only for those who's salary is liable for tax. For employees who's salary is not liable to tax company is not paying FBT on medial allowance upto Rs. 15,000. Is it correct?

Builder has paid compensasation on surrender of flat by the flat purchaser wheather tds deducted on compensasation amount under which head

dear Sir, my friend is pursuing his training under a CA, the CA undere whom he is getting training is not fully in practice, but he registered himself as a practicing CA, but actually he is managing the portfolio of a broking company.

He tells others that he is only a consultant of that broking firm, but he is authorised signatory for the payment of all the expenses made and he makes sign on the cheque on behalf of that firm. he gives the Cheques for the stipend to his articles from the expenses account of that broking firm.

My friend is forced to work for that broking firm, as per the order of that CA, he is not getting any knowledge of the fields of Taxation And Audits.

Dear sir i want to know that the working of that CA is legal as per the professional ethics of ICAI, if the working of Ca is not as per the professional ethics of ICAI, what will be the position of the articles of that CA. my friend has been completed two years of training under him.

I want to know that what will be the process of get rid of from that CA, because he refusing to give transfer to him.

Waiting for the solution of that problem.

Thanking You.