Dear sir
If (i)the director of a pvt co.uses the cab service for some official purpose (ii)hired a cab for providing support service to banks..
Can these two situations attract reverse charge mechanism.

Thanks

what is the treatment in a company books if bank charges reversed by bank in subsequent year but before balance sheet date.??

Dear All,

I am a very casual trader in Stocks. I try to invest in Table A stocks only. I just want to know the Nomenclature as per income Tax Act for following transaction:

I bought Reliance Industries 15 nos. @ Rs. 795/- and gave target to Broker that to keep Stop Loss of 780/- and Target for Rs. 820. Now by fluke Target got achieved on the day of purchase. My capacity and intention was to take delivery and wait for target. But as the target got hit and shares got sold. So would it be termed as Speculative Transactions or Investments sale. As my intention was to take delivery and to earn short term capital gain.

Please be confirmed that Gross total income should be considered or Total Taxable income for e file return more that Rs.5lac.

Most Urgent

Dear Sir,
Company A is placing an order on Singapor seller with a ship to instruction to a Sri Lanka party. Item will not come into India.
Company A will then invoice on Sri Lanka party.
Is this type of transaction allowed under High Sea and what documentations to follow.
Can Company A book the purchase and pay singapore party and also book invoice and get paid by Sri Lanka party.
In this transaction Company A does not pay any custom duty.

We want to use word "CORPORATION" in the proposed private limited company.
e.g. ABC CORPORATION PVT LTD

Now whether we required the Authorised capital as 2 crore for using such word in the name of the company as mentioned in the Name Availability Guidelines..

Is LTCG on STT paid indian listed shares deductible from MAT calculation. Where the assessee is company not dealing in buying and selling of shares and the said LTCG on shares is one of transaction during the year but may be substantial and what in case if it is about 50% of other profits.

Hi,

I am a MBA graduate and i need few details abt CA direct entry scheme...If i apply for Direct entry scheme by sep 1st when will i be able to write the IPC. When can i start itt and orientation ...will there training happening all months..at earliest wen can i appear for ca final..plz clarify

Dear Sir,

I wanted to know what is the tax treatment of interest on joint account with some notification or circular or section supporting that?
Thanks in advance

i registered ipcc with atc option ,so is there any clause or something that student who registers ipcc with atc cannot appear for CA Final. If yes , then how can i cancel ATC option.