LATHA RAMESH
01 February 2008 at 17:42

Indian Inc., shares in Nasdaq

Dear experts,
I know that there are certain Indian companies whose shares are listed in US stock exchanges like NASDAQ, eg.,Infosys. What are the procedures to get it listed? How will these companies treat the proceeds from such listing?


AMIT KUMAR CHAUDHARY
01 February 2008 at 17:31

accounting treatment of stock return

there in this case stock is transfer to brach in other state on form f and there we debit the party and credit the sales now the stock return after two month from branch on form f so what will be the accounting entry?

please reply as early as possible.
thanks


AMIT KUMAR CHAUDHARY
01 February 2008 at 17:25

tds on corrugated carton/boex

i want to know by which notification tds on contractor under section 194c not to deducted please give the notification no. & date


CA KALPESH LAKHANI
01 February 2008 at 16:51

Computaion of Income

i have a client, who has a income from HP-Rs,187822,and he is partner in 2 firms,from both firm he is getting remuneration & interest. Apart from that he is also doing construction business and he is taking benefit of Section 44AD.He incurred some expenses like Petrol Exp.,Dep.On Car,Interest on Car Loan,Professional Fees against income from Partnership Firm. His income U/s 44Ad is Rs.17220,Remuneration+Interest is Rs.57046 and against this both income he has incurred above exp. Rs.145234. Now Question is that whether Income U/s 44AD be set off against above Expenses or 44Ad will charge sepreatly?


CA KALPESH LAKHANI
01 February 2008 at 16:45

Computaion of Income

i have a client, who has a income from HP-Rs,187822,and he is partner in 2 firms,from both firm he is getting remuneration & interest. Apart from that he is also doing construction business and he is taking benefit of Section 44AD.He incurred some expenses like Petrol Exp.,Dep.On Car,Interest on Car Loan,Professional Fees against income from Partnership Firm. His income U/s 44Ad is Rs.17220,Remuneration+Interest is Rs.57046 and against this both income he has incurred above exp. Rs.145234. Now Question is that whether Income U/s 44AD be set off against above Expenses or 44Ad will charge sepreatly?


HARANATH
01 February 2008 at 16:19

capital gains

one of my client got property as inheritance in 1952. he sold that property in 2006-07. as he can opt fmv as on 1-4- 1981, he tried for supporting document to get value as on 1-4-1981. but he did'nt get that. instead of that he obtained register value in the year 1987. can he take that as the base and can he go back and calculate fmv as on 1-4-1981?
plz guide me . i am in great confusion.

give reply to my mail "hariwithu@sify.com"
thanku


HARANATH
01 February 2008 at 16:15

capital gains

hi friends ,
this is haranath,
my query is,

Mr. A inherits a house property from his father, who had mortgaged it. Mr. A discharges the mortgage debt. Mr.A later sells the property. Can he claim the amount paid to the mortgagee as cost of improvement in computing the Capital Gain?

If yes, please refer any case laws.


Rupesh Maheshwari
01 February 2008 at 15:33

coaching for pcc

suggest some gud coaching centre @kolkata 4 pcc. my attempt is in may 2009.When 2 apply 4 coaching .I m a resident of jorhat assam


harshit
01 February 2008 at 13:40

tds deduction- threshold limit

firm tds on contractors limit 1000000/- over for the month dec'07.

In previous tds rate 2.06 deducted. From Jan'08 onwards 2.266 deducted (with surcharge).

In present month bills deducted tds with surcharges, in previous bills also changed with surchage (2.06 instead of 2.266)

my query is total bills effected 2.266 or above 10laks bills only?

please sir


kaushal
01 February 2008 at 12:04

VAR and ELM

wht do we meAN by Value at risk margin and extreme loss margin ?
how do we calculate such?
how do we read such ?






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