on of my Client (Partnership Firm) acquired a Plots from GIDC costing say Rs.50 Lacs in the name of Partnership Firms Name for business purpose....but they are not starting their business due to financial crises for 2 more years....and firm decide to sold the land to third party.
Now question is that, land is not depreciable assets, and they sold it for say Rs.60 lacs..is it Capital gain or Business Income?..... during this two year firm has aslo paid some charges to GIDC for not starting business on Land, is this expesnes are deductable?

what is the procedure for registration of service tax for multiple services ?
if any new service is provided after the registration then does the service provider have to register again?
any survey conducted comes under which category of services?

Our's is a software company registered in Karnataka under VAT act. We intend to buy the fixed assets (FURNITURE & FIXTUES)from another software company who is also a dealer under VAT in karnataka.

These assets were purchased way back in 2001 during sales tax regime. Since this is becoming a second sales, the dealer has right to charge VAT? If yes, at what rate they should collect VAT and why?

What is the Necessary Things One should care for while making a "WILL" looking at Tax Planning aspect.

What are the other things which can be added in WILL to make it more easy and attractive.

Dear Sir,

I am a CS student
& shall i use the CS logo where ever requried.

now my sister is in 12th,it means she is not completed her 12th up to now, an i want to do a her registration for cpt, but for that they want her leaving certificate which is not possible without passing the 12th, so what i do? please tell me the procedure to do her registration for cpt, so she can be applicable to give the exam in june 09 attempt.

should Scrap/Surplus generated during project expansion be credeited to expansion project or credited to miscellaneous income ?

i have passed my cpt examinations and joined for articles as per the guidelines of ICAI followed by the procedure of submission of the required forms duly filled for the purpose of registration and the fees through a demand draft with in the due date ie. 02/08/2008 (four months back)i have received a letter for the receipt of the draft at ICAI Chennai, but till date i have not received Registration confirnation letter and identity card even after enquiring about the same many times to the concerned, please help me in receiving the same and is there any problem from the point of view of my articles/exams in future for not receiving the same....... please advise...............

Dear Sir,

i m enjoying pc limit and post shipment credit from bank.. i want to find out dicripancy in both the account how to check or found dicripancy.

guide me plz...

one of my frnd is writing PCC in may 09 but her principal is not ready to give her sufficient study leave.she will be completeng her 18 months articleship period by january. is it possible to take discontinue/take termination from the present firm nd join another firm after exams.There will be a gap of 3 months. is this decision wise??..