Mr. x sells development rights of his old residendial property aganist which, he received cash and one flat in same property.
whether cost of flat at market value or at constuction cost to be added in sale considaration along with cash?
can it be possible to avoid cost of flat,as he is entitaled to receive same area of flat for his own resident, as before transfering development regihts.

Hi i am varun. I have qualified my pe2 exam. I want to join a good firm as a article.A firm deals in only accounting &incometax not in auditing called me. should I join the firm?

Assessee carries a business of growing seeds in a nursery and sales the seeds therefrom.Whether the business will be considered as agricultural income and henceforth exempt from tax or shall be considered otherwise.

Hi All,
I have a query regarding true copy and certification.
Can member of Institute can do the same on member in practise only can do the same? i.e. Is COP necessary for doing true copy and certification of documents such as Income Tax returns and other documents?

Thanks in advance

Assessee is a director in a private ltd co.Now what is the extent to which the comany can pay the remuneration to the director.Is there any maximum limit.

Hi,

Can company give performance linked bonus of Rs 3000000/- to its managing director for achieving certain Target. If yes then is any thing needs to be followed as per companies act.

Best regards,
Samir Ambavi

1.What is the impact on transporter who is not file Service Tax Half Yearly Return having Registration certificate.
2.If he has deposited all the service tax to Department witin time
3. What is the maximum penalty impose

Sir/Madam,
I am doing CA. I want some job atleast of Rs.40,000 per month. Tell me what should I do for this target. I will also join the campus placement of sep2008.
What should be the preprations and what kind of area is better for me in service sector. I have done simple audit in my traning period.With these things, Can I get still a job of minium Rs.40000 per month.

Sec 10(13A) simply says that the section isnt applicable in case your residing in the house or rent isnt incurred as expenditure. But If iam paying rent and also not residing in the house( however my employement and my house is in the same city), what possible section or rule prohibits me from doing that ??