sir,
what is the ST liability when the provider/recepient of service is the govt.

One of Client have a charitable trust with main Object of Promoting Health through Free Camps, To Open blood Bank Etc.

He has Opened a Blood bank,has invested in some Lab equipments,The Blood from Blood Bank is given to required people on nominal charges towards Maintenance and Testing charges

trust has collected some donation towards investments in Lab equipments of BLood bank

CAN BE CLAIM EXEMPTION U/S 10(23c) OF THE INCOME TAX as INCOME OF HOSPITAL

How many days of Final exam leave granted by ICAI ?

If i have some amt of credit in my DEPB.. then should i value this at my period end. Is there any standard or interpretation on this. I want some wrtten text.. Plz help...

Hi Friends,

Any information on the topic?
What exactly this concept is?
Any example, if possible?
This will really be a great help to me....

Thanks a lot.

CA. Ahmer Ammar

MY QUERY IS AS FOLLOWS

I HAVE A HOUSE IN MY NAME IN GURGAON AND FOR BUYING THAT I HAVE TAKEN LOAN FROM BANK AND PAYING INSTSTALLMENTS. BUT I AM RESIDING ON RENT IN GURGAON .

I AM CLAIMING RENT RECEIPT OF RS 8000/- PER MONTH AND RS. 1,50,000/- AS INTEREST ON HOUSING LOAN.
PLEASE CLARIFY ME THE SAME AS MY IT DEPARTMENT OF COMPNAY DENY TO ACCEPT THE BOTH THINGS AS THEY SAID YOU HAVE TO CLAIM ONLY ONLY ONE BENEFIT. PLEAE SOLVE THE QUERRY AS EARLY AS POSSIBLE. WITH DETIAL OF SECTIONS AND CASE IF ANY.

My friend has cleared PEE - 2 in Nov. 2007 and has been enrolled in the new scheme. Wherein she has to undergo a training of 3.5 yrs. Therefore, wud the CA final attempt be due after 2.5 or 3 yrs of training?
However, I have even read a post saying that the student who have cleared PEE - 2 in Nov. 2007 can appear for finals in MAy 2010.

Further, is the CCPT exam very tough?
And if the student is not able to submit CCPT certificate within 3 months of training then what are the consequences?

what are the importance of SAP in CA.
can any one give me detail of SAP which is related to CA. and also the which as not related to CA...................?

thank you.....................

I have open a PPF account on 13 March,2001 and deposit Rs 25000. Upto March 2007 I have deposited Rs 25000 per year. From thia year ending March 2008 onwards I would like to deposit Rs 70000 per year till 2015. Now if I withdraw Rs 70000 per year in the begining of the financial year say April 2008 and deposit the same by February 2009 will my balance affected.

Hello,
Respected collegues,

One of my client is a sub broker and having commission income.For the income tax purposes his commission income will come under professional income and for audit pupose limit of 10 lac is to be taken in to consideration.But if he is doing daily trding then the turnover of shares will be more than 40 lac .then audit is require or not?.
Being the sub broker ,his main business is buying and purchasing shares on behalf of client,but if he is doing trading of shares in his personal demat a/c then what will be the consiquencies?whether the turnover of shares which are done in his own demat a/c will enough to consider the audit limit of 40 lac or the in the case of subbroker only commission receipt is taken in to consideration.(10lac limit for audit)
Please clarify the query,

Thanking You in advance,
CA Pranesh Agrawal