On maturity of Keyman Insurance Policy is the proceeds received by Keyman are exempt under under Sec.10(D)????
or
Under Keyman Insurance Policy the proceeds are received by the Employer????
Please Explain???

Hello, Im a practising CA.Which is the best magazine and site(whether paid or otherwise) to update myself with the latest in Direct taxes, indirect taxes.

Hello Sir,
I am A CA FINAL Student..... Got my exams in Nov2010.... Wanna do an additional course which will help me to practice in future.... As am gonna continue my Dad's practice in Belgaum..... I want 2 know the course which will help for my final preperation as well as for practice....!!!! Which 1 do U Suggest?????

hello.
my articleship period is due to be completed in october 2009.
if i want to go for MBA in may 2009 can i hold my articleship period (of around 5 months) for 2 years and complete it after completing my mba course

I am residing in agra in my residential property. I have a commercial property in mumbai which was let out during the previous year 2007-08 for only 3 months @ rs.30000/- per month.The municipal value of the above property is rs.350000/-. What will be the gross annual value for the purpose of " Income from house property " - rs.350000/- or rs.90000/- (30000*3).

My company has deducted tax on notice pay that I had to pay to my previous employer. Kindly advise whether such tax is to be borne by the employer or the empoyee.And under which section such tax has been deducted.

Regards
Amitabh

What are provisions of food coupens the payment made by employer to direct agency for Employees.
Is such amt is deductible from the salary of employee while computing the TDS amt of employees??.
Is FBT payable to Employer?

What is difference between Inventory & stock Both phases Theorically as well as Practically?

Dear Sir,

Do we need to deduct TDS and PF when we make provision for leave encashment at the year end when the co has or has not a policy of carry forwarding the eqarned leaves?

Thanks

Regards
Gaurav Rastogi
9971230877

as i have heard that there is 20 to 50 point which recommended by income tax department which one chartered accountant follow to save to cought in scrutiny cases .as from our consultant i have heared this.so it is right or wrong as income department is following the same basis for selecting scrutiny cases .kindly send me that list.