Hi there
A person receives enhanced compensation after the order of high court,the govt after paying this enhanced compensation appeals to the supreme court for reducing the compensation.
Now will the enhanced compensation received by the assessee be taxable?
In Vinod K Singhania text book its given that this amount will be included in computing capital gain and after the apex court gives judgement AO can recompute the capital gain.
But in another text book written by an renowned author there is supreme court case law stating that such an amount is not taxable when the matter is pending in the supreme court.
The case law is " Commissioner of Income-tax VS. Hindustan Housing & Land Development Trust Ltd."

Which one is correct ? Please Guide me !

My Original TDS Certificate (Form 16A) is lost. What i should to do?

can anyone suggest me that which is Best book of Income Tax for pcc???
t.N. manoharan or vinod singhania in both of these which is the best book????????

Dear Experts can any one let me know about XBRL?

My question is that:

1. if any individual recived any amount by the way of maturity of LIC policy what should be the treatment?
a) is it taxable?
b) or it is going to be expempt income?


2. what should be the TDS rates for Nov. 09 exams. is it new one that applicable from 1st oct. or the old one??



Thanks

Recently , the auditor of the company asked for sales figure for the purpose of tax audit. it is net to Rs.39 lacs. but he added excise duty to it n says the sales r crossing Rs40 lacs, so Tax Audit is due.
My stand is that sales doesn't include duties n taxes ie excise duty n sales tax,so no Tax Audit due.
Please clear the confusion.

We are a SSI unit. We use exemption under 03/2005. Whereby by using slag to certain percentage in the product manufactured, the duty rate is nil.
My question is. We have crossed sale of 90 lacs. The material is manufactured by using slag hence duty rate is nil. Do we have to file the declaration with excise commisssioner ?

is it correct that foreign company is controled by india (wholly or ""PARTIALLY "") is resident in india ?as per new amendment

Sir,

I would like to know, whether TDS deduction is mandatory on provisional expenses made at the end of the year i.e. on 31st of March 2009. ( i.e. freight bill , service bill etc )

If yes ! give me details and if no give me section wise details

Dear Collegue,

I have quey regarding renewal of License Under Bureau of Indian Standards Act,1986.

CA has to certify the license details.

How to certify the same.