Should TDS be deducted when contract purchase is made.

whether Service tax is applicable in case of vechicle owned by school?

Dear friends, While uploading closing stock in Tally, whether it should be inclusive of tax or exclusive of tax? Kindly reply. urgent.

plz let me know a book of company law which is a student friendly book......and which covers the course of cs executive course...

Plz guys, suggest me a good book for Accounting Standards which gives complete knowledge & in easy language(not copy,paste from ICAI modules)& serves CA Final Exams Purpose??

I got gift from my mother in current year a Building purchased 30 year ago, dont know its cost.

Now I have sold this building for Rs 5000000

So How to record in Books, what is the Tax Treatment???

How to get FMV as on 1.4.1981????


please suggest!!!!!


thanks in advance

Dear Expert,

Please provide me CMA report format for obtaining loan from bank for proprietorship business.

Please do the needful.
I have to submit the report to bank at the earliest.

when revenue stamps is needed on a voucher?

Dear Experts,

Please suggest the Correct Accounting Head to be Charged agst. Monthly Payment of INR 3.50 Lacs paid towards Lease rent for an accomodation provided to a Director in a company.

Thanks!

Sr. 1. Whether lineal ascendant/descendant includes from mother’s side too ?
(if answer to Sr.1 is YES, then query at Sr.2 hereunder is resolved..)

Sr. 2. If not, then whether Gift can be received from maternal parent say nana under clause relative ?
(if yes, Give reasoning / analysis clause wise…)


As according to my analysis, answer is NO. as under
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Clause V will cover :
Father,
Paternal Grandfather (Dada),
Son
Daughter
Sons's Children
Daughter’s children
and so on.

Clause VII will cover spouse of above i.e.
Mother
Grandmother
Son's wife
Daughter's husband,
Son's Child’s spouse,
Daughter’s Child’s spouse..
and so on.

Mother's father is not fitting in any clause..
(it is understood that lineal ascendant does not cover mother’s side… )
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Clause VI covers all of above from spouse’s side (say wife’s side) i.e. Father-in-law, etc...