a co. X Pvt. Ltd. is having its 3 undertakings one of petroleum, second for telecommunication and third fir It services. now the co. wants to segregate its It & petroleum undertakings by way of demerger to B and C pvt ltd respectively.
Consequently it will result a downfall in the book value of per share of X pvt ltd. Should it be deemed as Capital reduction??
if yes, then are there any legal consequences besides that of capital reduction.??

is Interest on loan is limited to 150000 in case of self occupied house property??
Can we claim the entire interst as deduction if we the house is let out?

Sir,
can i apply for CA final registration by using downloaded form & in whose favour draft has to be made.

pl provide me rate of stipend

also clarify if the article qualify the groups than if his stipend is to be increased

Hii Sir,

I have a short term capital loss ( Shares & Securities ) around some 75000/- during this year ( 2008-09) and moreover i'm a salaried person. So what are the details to be submitted for IT Department for claiming this loss and STT has been deducted for transactions ans so could u help me out in this matter

Thanking you

Whether service tax is to be charged on the bill for travelling bill reimbursement claims submitted by a chartered accountant to the client or not

Hi Sir,

is it necessarry to state the case laws in examibnation?
especially in Company Law ( PCC )
is it enough if the relevant matter and relevant examples if any are provided.
am a bit better student in studies

one of my aims is to secure more than 70 in law. so am confused whateher relaevant case laws are mandatory.

so please reply clearly

and any suggestions if anhy u can provide me


it helps me a lot
thanks in advance

Clarification: For level II Enterprises, compliance with the mandatory.

Accounting Standard is must, Auditor while doing attest function must ensure
that all the applicable accounting standard should be compiled in the
presentation of general purpose financial statement of the enterprises.

Now, my quary is that, in case of Tax - Audit report issued u/s 44AB of
income tax act 1961, Wheather member has to see that all the applicable
accounting standard have compiled or not issued by ICAI.

Also, is there any professional misconduct in case member don\'t give due care with the compliance of Mandatory Accounting Standard in case of Level II Enterprises

Sir ,

Can an body advise

That under what sec / provisions a Tax Audit report ( Form 3CD) can be rectified by a Chartered Accountant


Sandeep

9868705794

if an assessee carries on two propritorship firms of entirely diffrent nature, is he supposed to keep two different sets of books for the businessess?
In the present ITR, how will the balance sheet be filled in such a case?
Will it be statemnt of affair of the proprietor or simply a combined balance sheet and p & l of the two firms?