Please inform me that which A/Y is applicable for income tax subject of PE-II in june 09 exam.

MAhendra

Assessee is a company & receive a rent from Let out Building which includes rent of furniture.
plz solve my query in following case from Service Tax Act point of view:

1. Rent is composit...means there is no segregation between rant of building & rent of furniture.?

2. Segregation is possible but no separate agreement for rent of furniture.?

3. Separate agreement is there.?

Please inform me that which A/Y is applicable for income tax subject of PE-II in june 09 exam.

MAhendra

I want to change my name, but i was registered in Institute old name, but i dont know how to change my name in institute record. sir please give me information about this.

a company is engaged in selling processed food items. it engages an agency for sales promotion / brand awareness through setting up stalls & letting consumers taste the food items. does the payment made to agency liable to fbt.

What requirements must a space meet to be a registered office? Must it be located in a particular zone (e.g. commercial, not residential)? Could a person's apartment serve as a registered office? Must it have a phone line? Must there be a certain number of employees located at it? Must it have a certain amount of square feet? Etc.

what should be the accounting treatment of letter of credit from importer view

Assessee earning interest income & same is offered as a business income from last so many years. Further, same is accepted by dept in earlier years. In this year, A.O. treated interest income as a Income from other sources. So plz give me a case law for this, that assessee can treat as a business income.

i am a ca final student. i got rank in both pe-1 n pe-11 and wanna to continue in final as well. till now i was doing my training in a small firm but now i have the opportunity to compute my 1.5 year training from ss kothari. but if i join them i can't take coaching classes due to outstation audits.
what i wanted to know should i join them now or it would be better to continue in small firm , getting rank in final as well and then work for same time in a big firm what would be the difference in both the options.
please suggest.

Hi All Gurus

Our Company declared dividend of 8% for the year 1997-98, but the payment of the same was stayed by the High Court on the complaint of Financial Institutions.

We got the stay vacated in 2006 and made the payment of dividend to shareholders.

Now our Auditor is saying that the Dividend Amount should have been transfered to Investor Protection Fund within 7 years from the date of declaration.

As per my understanding the period of 7 years will be counted from the date of vacation of stay order of the High Court and not from the declaration of Dividend.

Please give replies.

Thanks

Samar