Good Evening Sir,

As per Section 40(A)3 of Income Tax Act, if Payment is made through CROSSED Cheque(not A/c Payee Cheque) is it treated as allowable expenditure if the payment exceeds Rs. 20000/-

Which carrier is more promising for a qualified chartered accountant?

an assessee has 1/6th share in an inherited property since 1995. in feb 2006, the property was sold to the builder and the assessee is compensated with a two bedroom flat for his 1/6th share in the property and the amount is not quatified in the agreement.the possession of the flat is given in sept 2008 by the builder. the flat is sold after getting the possession.

The queries are:
1) how to arrive at the capital gain in feb 2006, when the property was sold to the builder.
2) when the flat is sold after getting the possession, wheather the period under which the flat was under construction will be counted for ascertaining the short/long term capital gain?
3) what will be the cost of acquision in both the cases.

Dear Sir,


wat is Company Bill,2008.

will it change the whole of existing companies act 1956???????

& will i need to study it for my May 2010 Exams??????????

I have gone through A Riddle and found that 2 Bastsmen on 94 each 3 balls remaining and can both of them get 100rds.
I would like to add something more they both can get hundered's on 2 consecutive balls and in the same over and ball doesn't hit any helmet/cap.

I have gone through A Riddle and found that 2 Bastsmen on 94 each 3 balls remaining and can both of them get 100rds.
I would like to add something more they both can get hundered's on 2 consecutive balls and in the same over.

ours is manufacturing co, can we avail cenvat credit against payments of telephone Bills/other bill.pls give me reply to uvbr@rediffmail.com

I hav withdrawn my Superannuation Fund from my Co's Fund. But TDS is deducted @30.9% from my payment. I know that exemption is not avaiulable u/s 10(13). My question is

1) is TDS deductible @ maximum rate?
2) Cant i claim TDS in my Tax filing.

Plse reply.

Suggestion is required on the following matter:-

Facts:
There are 4 person, the status of the these four is as follows:-
1. A Ltd Co.,
2. Mr.X, an individual
3. Mr.Y, an individual
4. B Pvt. Ltd. Co.
Each four are having one mine at Udaipur. Beacause as per udaipur royalty rules a person can not have more than one mine, so A ltd decide to hold the mine in the name of the other person as mentioned above. each of four will be liable to file royalty return individually.
Mr X & Mr Y, Both are the promoter & Director in A Ltd. & B. Pvt. Ltd.
B Pvt Ltd is to be merged w.e.f. 01.04.08 in A Ltd. & matter is pending with the honr. high court.

Now the query is-----

If there is a MOU between these four person i.e MR.X, Mr.Y,A Ltd. & B Pvt. ltd. that All assets to be used in mining process will be hled by A Ltd & all revenue generated through mining business will be of A Ltd.
Mr. X, Mr .Y & B.Pvt. Ltd will get Rs 5000/- p.m from A Ltd. against use of their name/right in mining.

What will be the sales tax, service tax, & royalty provision in this regard.

Thanks.

Is their any help fiel to know the following
1) How to upload the file in CA Club
2) How many days it take to reflect on the site.
3) If the file is dropped how do we know.

because last time i have uploaded CA Final RTP and SA but it does not reflect in my name.