CA Mohit kumar agarwal
05 November 2007 at 13:12

set off of service tax

sir/madam
can service tax will be set off against sales tax/vat . is there any provision of set off from other taxes also according to finance act 1995. please reply


CA Mohit kumar agarwal
05 November 2007 at 13:07

compensation to divorced lady

sir/madam
if a lady get a compensation by the order of court during the case of divorce then by which it will be taxable in the hand of lady. whether it is taxable or not with reason
thanks


RItu

When the company goes for preferential allotment is there any limit or percentage upto which a promoter/director of the company can subscribe to the shares


krishna
05 November 2007 at 11:01

TDS is applicable for Printing Work

Printing visiting card, name board, for this work TDS is applicable, if they give a bulk order.



Shambhu Jha
05 November 2007 at 10:39

write-off expired inventories

hi
the organization deals in distribution of health drink. In meanwhile the inventories expired, how to write-off the the expired inventories?

regards

S.Jha


Krishna Murthy

What is the exact meaning of lineal ascendent and lineal discendent in respect of gifts received from relatives? pls let me know this quickly..


s kumar
05 November 2007 at 09:49

Business or Professional Firm

M/S XYZ is a partnership firm exclusively engaged as Direct Selling Agent (DSA) of vehicle loans of a Bank. The Gross Receipts of the Firm is Rs 60 Lakhs (App) during the FY 2006-07. As Per scrutiny guidelines of CBDT for FY 2007-08, under para 2(xiii), "All cases of professional with gross receipts of Rs 20 Lakhs or more if total income declared is less than 20% of Gross Professional receipts.""
The question is "Is M/S XYZ is a professional firm falling under criteria 2(xiii)of Scrutiny Guidelines or it is not a professional firm?


suraj
04 November 2007 at 20:14

Tax audit applicability

do a charitable trust running a school having a turnover of 40 laks + , will tax audit be applicable to them ( sec 44AB). the turnover of the trust is 6120000


Darshu
04 November 2007 at 18:18

Please help....

I AM DOING ARTICLESHIP AND ALSO IN S.Y.B.COM REGULAR. MY PCC EXAMS ARE ARE IN MAY 2009.AS MY EXAMS ARE FAR AWAY I HAVE DECIDED TO DO CS.I WANT TO KNOW THIS IS RIGHT OR NOT AND ALSO WHAT ARE FURTHER CAREER OPPURTUNITIES AS CA. And CS ?


CA Anil Jain
04 November 2007 at 17:47

For career

Dear Experts,
I m 18 year old & CA final student. I hav cleared my PE-II in may 2007.I m B-com 2nd year student.
I want to know the minimum age 4 appearing in the final exams.& if i will clear my final in nov.2009 when I'll get my qualification Degree certificare.?
Sir Plz tell me the name & age of the youngest student of ICAI who hav qualified CA.

Regards,
Anil Jain.






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