RESPECTED SIR,
I WANT TO KNOW THAT HOW MANY PAPERS ARE EXEMPTED IN B.COM FROM IGNOU FOR THE ICWAI INTER PASS STUDENTS?

RESPECTED SIR,
I WANT TO KNOW THAT HOW MANY PAPERS ARE EXEMPTED IN B.COM FROM IGNOU FOR THE ICWAI INTER PASS STUDENTS?

Any provision/guidelines for depreciation as per Income tax act and Company laws for following items:

we purchase regularly Cans for milk receiving from village level society to our plant which actual cost of cans in less than Rs. 5000/-

So, we can charge directly to P & L A/c as per both rules or capitalize above items.

We kindly say that we continuously follows to capitalize above cans since we have started
our unit 1969 and claiming depreciation on above items.

Pl.send clarification in above both rules and acts provision.

Dear Experts,

A company is paying to a hotel group for their annual meeting amounting to Rs.200000, including Room Rent, Fooding & Transportation.

Please suggest the TDS treatment.

Dear Experts,

A company is paying to a hotel group for their annual meeting amounting to Rs.200000, including Room Rent, Fooding & Transportation.

Please suggest the TDS treatment.

Assessee has STCG in A.Y.04-05 which he has setoff agst b/f LTCG of A.Y.02-03.
A.O.did not allow setoff on the basis of sec.74(1)(b). Sec.74(1)(b) came from w.e.f. 01/04/2003," in so far as such loss relates to a LTCA, it shall be set off agst income, if any, under the head Capital Gains assessable for that A.Y. in respect of any other capital asset not being STCA."
So my query is whether assessee can take setoff of STCG agst LTCL.

Assessee has STCG in A.Y.04-05 which he has setoff agst b/f LTCG of A.Y.02-03.
A.O.did not allow setoff on the basis of sec.74(1)(b). Sec.74(1)(b) came from w.e.f. 01/04/2003," in so far as such loss relates to a LTCA, it shall be set off agst income, if any, under the head Capital Gains assessable for that A.Y. in respect of any other capital asset not being STCA."
So my query is whether assessee can take setoff of STCG agst LTCL.

Company X providing card swiping machine facility to various merchents and getting service charges for the same, all transactions are routed through card issuing bank and a settlement bank. Company X getting service charges from various merchants in turn Company X paying commissions to card issuing bank and settlement bank for their service. I need to know whether TDS need to be deducted while making such payments such to banks.

Can a member in practice become director of a pvt. ltd. company which is a professional consulting company?

Dear All,

Please send me the Statutory Tax Audit Check List as soon as possible.

Plese send it on urgent basis.....

Please do the needful....

Regards'

CA Yatesh Renuke.