Nature of Asset : Flat (Under Construction)
Date of Purch Agreement (Registered) : 30/03/2004
Date of pyt for purch : 10/04/2004
Date of Possesison recd. : April'2007
Date of Sale : Jan'2009

Whether Long Term or Short Term Capital Gain?

Refund of VAT can be adjusted against CST liability. But whether Refund of CST can be adjusted against VAT liability.
If yes, Please provide the trade circular number.

Apart from the declaration from the employees does the employer have to take any other safegaurd?
Suppose if the employee gives false a declaration wherein he claims the entire amount as exemption, is the employer liable in any way?

A private Company wants to issue shares at premium. Can a company receive part premium with face value now and the remaining premium and amount later?

I WANT TO KNOW WHETHER A PERSON WHO IS NON- RESIDENT IS REQUIRED TO OBTAIN PAN NO AND FILE A RETURN IN INDIA IN CASE OF INCOME TO BE RECEIVED BY HIM FROM A PRIVATE COMPANY TO BE FORMED IN INDIA IN WHICH HE IS PROPOSED TO BE A DIRECTOR ? HE IS ALREADY FILING HIS RETURN IN US IS THERE ANY OPTION AVAILABLE

Can a pvt ltd company or a public comapany be a "popreitor" of a proprietor ship concern.

If no, where in law/case law has it been prohibited?

If yes, will the propritorship be a seperate entity?

thanks in anticipation.

Pooja

hello

my articleship is going to complete on 8 of feb 2009. my one month waste due to transfer.
can i appear in may09 exams??


plz rply bcoz i m preparing for may09

Sir ,

Kindly look in the issue , whether the Income from dividend shall be shown as Business Income for a Investment Company .


In the present case the Company has having ( Investment in shares in bulk quantity ) and has shown the same in investments and claim capital gain on these transactions .

The dividend received from these shares should be treated as business income or not in the case where the company is having only two source of income one from Rental Income and other from Dividend

Sandeep Rohatgi
9868705794

Kindly clarify that trusts( education, marriage) can invest in shares of listed/ unlisted companies?

Could you explain the difference between advanace recoverable in cash or kind and current assets as per schedule VI of companies act.