Dear sir,

I completed Mcom in 2003 and Completed MBA in 2007 through distance. Now I am 29 years old. I am interesting to do CA or ICWA. Could you give suggestion which is better for our career.

i have applied for CA club expert before 3 days..but still i can't answer queries...when i check it says ur application is pending or u r a expert...kindly inform me...since u r also an expert and had applied for same..

Dear sir / madam ,
Iwant to know about clubbing of minors income in the hands of an individual also if there are two children of an individual and if the income the 1 st child is clubbed in the hands of the father and in later years the second child also derives the income now whose hands will the income of second child would be clubbed . will the income be clubbed in the hands of the father even if the gross total incoome of the mother in the year when the first time income of the second child is being clubbed is higher than that of father. Kindly clarify my doubts. Would also like to know the section under which the text appears for the same esp of second child
thanking you
pankaj bora

We are a manufacturing company. Please let me know whether we can issue form 16A for f.y. 2007-2008 on any date of June-08 as tds of March-08 was paid on 31/05/2008 and e-tds return filed on 5th June-08.

i just want to know that one of my Director of my company purchased vehicle on his personal name and his instalments is coming in companies account so where will this ledger grouped, if its in the name of company it will under secured loan please clary my both quries

ONE OF MY CLIENT HAS CHNAGED THE NAME OF PROPRIETOR BY WAY OF PARTNERSHIP DEED, HE IS ALSO LIABLE FOR AUDIT U/S 44 AB,PLEASE GUIDE THAT HOW TO INFORM INCOME TAX DEPARTEMENT ABOUT THIS AND HOW TO CHANGE IN TAN AND OTHERS.

THANKS IN ADVANCE.

We are giving construciton equipment on rent to any person without transferring right of possession and effective control of such machinery with in India . The machinery operation and maintainence is with us i.e our operator's do the work as per the requirement of the client.

Please advise the applicability of the VAT on the said transactions across India.


Further can we take the MODVAT credit on equipment purchased and use the said credit against the Service Tax Liability
thanks
ravi bhatnagar

Sir
I have the following query with me.

IF a person has two properties constructed with loan from Bank.

One property is self occupied and the other is letout for others

Can he claim the interest on borrowed capital on both the houses u/s 24.

And the other query is:
Is the deduction of loan repayment, Principal deduction is 20000 for each house or 20000 for all the houses taken together

Please resolve my query
Awaiting expert responses

why the TDS is to be Deducted?

Is all Applicable( IFRS, GAAP and IAS )
from 2010-11, I heared only GAAP and IAS is applicable... Is that true..Please inform me which among these are comming compulsory....