Please let me know what is the TDS rate on the above product which is either embeded or displayed with the support of a stand kept for the purpose in a commercial complex / mall. Pl do eloborate with the concerned sections if possible.

in a central university covered under provisions of PF Act 1925 in general & section 8(2) of it in particular, can the PF Committee of the institution declare an interest above the govt. rate for the investments made in the PF? If it is so, should tax be levied on the excess interest?
(the specifics of the matter is as follows. actual returns for the financial year 06-07 work out to 12% while the govt declared return is 8% or 8.5%. )

Dear Sir/Ma'am,

If the current price of a share is Rs. 100/- (Beta 1.1 with Sensex) and a person has purchased 1000 shares. How can he perfectly hedge the situation by selling index futures. Index futures is avialble at 4500 index points and one contract of futures comprises at 50 units.

My major concern in this question is how to compute the value of one unit of index.

Pls. do reply and advise me on calculation of value of one unit of index.

Regards

Pankaj Gupta

Pls suggest whether a private company which is subsidiary of public company should be considered for calculation of ceiling limit under section 224(1B).

If no why ?

and if yes why ?

sir
at present i am pcc student of icai and i have successfully completed my graduation last year further i am a articled assistant in a ca firm

sir
at present i am pcc student of icai and i have successfully completed my graduation last year further i am a articled assistant in a ca firm

Is there ant time lilmit for the completion of GMCS cousre after qualifying the CA final Exams.

i am discounting my bill of Rs. 50,00,000/- thru a private party mr.A and he is deducting Rs.50,000/- as a bill discounting and send me a Cheque of Rs. 49,50,000/- should i require to deduct tax u/s. 194A on rs. 50,000/- whether it covers under definition of Interest ?
so, my query is wheter i should deduct tax on charged debited to my profit and loss account under the head of 'bill discount'. in recent judgement of of Kanha Vanaspati Ltd..v.Additional Commissioner of Income-tax, Range-50, New Delhi, kindly clarify considering this judgement. the main problem is how can i deduct tax as i am not directly paying anything in form of bill discounting as the financer cut the same charges and then after giving me a remaining payment

Whether interest us 234a is payable after the extension of the return filling date for the AY 2007-08.

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