Sir i m joining ss kothari for my training i m a ca final student. my attempt is due in nov.10 i hv told that i have to do training till march next year without taking any coaching. if i go for this option will it be possible to get rank in 6 months. i was rankholder in both pe-1 and pe-11. and i want to continue in final as well. what kind of exposure i can get there. what ranking does ss kothari bears. how much beneficial it for me to do training in this firm. pls suggest in detail.

Can VAT input credit on fixed asset be availed ? Refer section.

IF TDS IS NOT DEDUCTED WHILE MAKING ANY PAYMENT TO A CONSULTANT DURING THE FINANCIAL YEAR 2008-09 ,BUT TDS IS NOW DEDUCTED AT THE END OF THE YEAR (MARCH MONTH), IS THERE ANY PENALTY FOR SUCH A LATE DEDUCTION....


TOTAL CONSULTANCY FEES PAID UPTO FEBRUARY - 4,00,000 RS.

CONSULTANCY FEES FOR MARCH - 80,000

Hello to all,
one of our client running a coaching instituation for 8th, 9th & 10th classes. their stand is that services provided to 8th & 9th Satadard is not taxable only service provided to 10th is taxable.
by plain reading of the material on the same service it is not so clear to me.
So, I request you all to take a little effort to solve my query.

I HAVE INCOME FROM SALARY + INSURANCE COMMISSION + INTEREST ON FDR

PLEASE ADVICE ME WHICH FORM APPLICABLE FOR THE ITR

ITR 3 FORM WILL BE SUITABLE FOR ME OR GO FOR THE ITR 4

Suppose "A Co." has taken Foreign Currency working capital loan of Us$7,40,000 from a nationalised bank and same day/8th July'08 entered into a forward contract @ 44.935 with Delivery date 6th Aug'09.

Us$ rate 31st march'09 -50.53
Forward rate 31st march'09 -51.98

What will be gain/loss as at 31st march'09

Can anyone give me the deatil list of acounting entries to be passed for provision of Income tax.alongwith the advance tax paid and TDS receivable.

Whether the entries for provision of TAx are shown net of advance tax, tds receivable, provision written back etc or the advance tax,TDS is shown separate?

can any one tell me the rason of excluding (tea coffee and lunch provide to employees in office premises or in factory)from the net of FBT.

also give clear crisp reading on fbt ( if Anyone hv it)

plz help me

for the financial year 2005-2006, a dealer filed monthly returns for the declared goods without A-9 and paid tax @ 4% for purchases from unregistered dealer. In this circumstances as assessing officer issued a notice 2 times for proofe the purchases from registered dealers because of second sale. But the dealer did not ask time or appeared. So, an assessing officer passed an order disallowing exemption and levy tax @ 4% on entire sale turnover. Is this correct? if this is correct there is any chance for revision and what grounds. Please mention if any case filed by anybody and judgement.

Sir, kindly confirm whether partial (i.e 40%) salary arrears pertaining to FY 2005-06, 2006-07 and 2007-08 received during 2008-09 on pay revision w.e.f. 01-01-2006 as per the 6th pay commission are eligible for relief u/s 89(1) of IT Act 1961.