Dear Sir,
I am facing following problem while uploading the Form 23AC in MCA website repeately. Error message says "signature field for practicing professional is unsigned"
Please help me to sort out this issue.

Also i want to know about various dates asked in Form 23AC.
1. Date of board of directors meeting in which balance was approved
2. Date of signing of balance sheet by directors
3. Date of board of directors meeting in which board`s report referred to under Section 217 was approved.
4.Date of signing of boards report
5.Date of signing of reports on the balance sheet by auditors
6.Date of Annual general meeting

As per the Proviso to Section 32(1)...

50% of the depreciation is allowed, if the asset is put to use for less than 180 days in the previous year..

but if an asset is purchased in Jan 2007 but put to use on Dec 2008, the restriction of 50% of depreciation will not apply i.e. for A.Y. 2009-10 (F.Y. 2008-09) depreciation on the respective asset will be charged at 100% and no depreciation will be charged for the A.Y. 2008-09 (F.Y. 2007-08) as the asset is put to use in the next year.

However, if the asset is put to use in April, 2009, will the respective asset be eligible for depreciation in A.Y. 2009-10 (F.Y. 2008-09), considering the put to use principle...!!!!!

I need IGP lectures on MAFA by CA Ashish Kalra, but being old scheme unable to find the same with the known book sellers. If anyone can help pls..

I just want to ask that u/s 194c
If we get three bills which gross total is above 50000 /- but their seprate balance is not more than 20000 /- then TDS will be applicable on it or not.

Please reply me soon waiting for your valuable reply.

Please through some extra light on my this querry it will be grateful to me.

My principle terminated my friend with a date 31.10.2008.she cleared her second group in this exam.but as on 01.11.2008 she was nt in service.to be honest she cudn send the new deed with her new principal yet.I have heard that we ve to be ibn service as on 01.11.2008 to clear the exams.I feel she may ask her new principal to give her date of joining articleship as at 01.11.2008..IF HE REJECTS WHAT SHE CAN DO?In the results declared by institute she has cleared the exams..How institute will now be checking she has been in service as on 01.11.2008?What she can do?

Hello Sir,

First thank you very much for your reply.
In your response to my query relating to CA Final NOTES you suggested authors for each subject. Could you please let me know whether they are Books OR Notes in the form of books coz I wanna purchase Notes.

Thank you.

I am providing the service of repair and maintenaance to my cleint. The material used at the premises of the cleint are billed directly to the client but are consigned to me. Can I can take credit of the cenvat of the said inputs used by me for providing the taxable services. the billing of mine will include the cost of material issued to me for using in the said contract.

Kindly guide me for the said cenvat credit backed by legal pronounment or rules of the cenvat

For assestment year 2006 - 2007 where more than one assest has been transferred and the aseessee has invested the profits arising out of such transfer in NABARD bonds (3 years) in each case of transfer. The income tax officer allowed only one exemption claiming that 54EC uses word 'a' capital assest in its defination and hence can be applicable to only one assest in the relavant year. The profit arising out of the remaining assest will be taken as LTG and taxed accordingly.
Assesee would like to appeal that
The word ‘a’ does not necessarily mean ‘ONE’ only. The word ‘a’ used as per English grammer also refers to ‘ANY ONE UNIT AS REPRESENTATIVE OF A CLASS’. For example, ‘A’ pupil should obey his teacher or ‘A’ cow is a useful animal. Here in these sentences, ‘A’ is used, to mean Any One In A Class. This was the intention of the legislature as per assesee.
Is the assessee right ? Please note that here the 54EC exemption has been disallowed at the source of and not the destination as in the case of Sushila Jhaveri where the proceeds were invested in more than one flat.
Please help by your opinion

Arrears of VI Pay Commission Receiveabe Should Consider for HRA Exemption & should both basic added or what basic should added


Please reply to this email address
ravigca12331@gmail.com


Regards,
Ravi R Gurnani

My client has purchased a land for Rs. 5.00 lacs and has paid stamp duty on the sub-registrars value which was 15 lacs. After 3 years he has sold the property for 30 lacs.

My question is, for the purpose of calculation of capital gains, the cost of acuqicision is the actual payment of Rs. 5 lacs or the sub-registrars value of Rs. 15 lacs.