Hi,friends could anybody tell me the difference between statement of affairs and balance sheet

I want to know the followings : If i am woring as en employee in two concerns and getting conveyance allowance from both the employers , So i want to know that can the convyenace allowance from both the employers is exempted upto Rs. 800 X 2 = 1600.00 .
Please advise,
Thanks

Can a shareholder (Individual)tranfer his shares comprising 50% of the paid up share Capital of the Indian Company to a NRI.

the querry is
a partner has taken loan from a financial institution and has invested in the business for which he will take interest from the firm.

Hence he will have to pay tax on such income but can he take the interest paid by him as deduction.

sir,
Income of an individual is Rs.200000,including rs.80000 from other sources,rs.75000 from LTCG, rs.45000 from stcg how can we claim exemption limit i.e., which one we have to adjust first stcg or ltcg

Hi, Pls tell me, which authors book is adviceable for CA FINAL

Hello,

We are hired 2 printners on rental basis. If, we combined both the printers, value is exceeding Rs.1.20 lacs P.A. Our service provider invoicing with 12.5% VAT.Pls let us know the TDS rate. If TDS is applicable, we need to deduct on gross amount(inclusive of VAT) or on only rental amount. Pls clarify.

Thanking you,
Suneel.

Dear sir,
I am a student of pcc.and i have
apply ITT Classes In jan.My pcc attempt due on may'09. And Icai awarded to me august batch. but I can not attend this batch.and
I have apply application for changing the Itt batch august to oct. but no reply by the institute.
than what i do. please give me solution for this problem

Regard's
RAJEEV GARG

Mr. A is a director of XYZ company. now the company has not sufficient fund to meet all its liabilities so the creditors sued against director to give their personal assets to overcome the liabilities of the company.

Is it possible in any how ?
If yes then please specify case or no then also please specify case ?

Should we consider it under sec. 179 of the Income tax Act or not ?

Sir,
Our's is a Customised Software Development Company, Till date we are paying Gujarat VAT @4% plus 1%. Now Central Govt Charged 12.36% Service Tax on Customised Software Development Company (Ref : Notification no. 18/2008 - Service Tax w.e.f. 16th May, 2008

Now what we do Either we pay VAT or Service Tax?

And if both are applicable then how can our customer take reimbursement of Tax and on which?

It is unsolved question and no body is clear in this matter. Hope you will guide us correctly.

Thanks

Pradeep P.