If an assessee makes a payment of two different bills(none of them exceeds Rs.20,000)at the same time in cash or by bearer cheque, IS SECTION 40A(3) APPLICABLE HERE??
for eg.date of puchase is 20th april 2008 from same supplier (two separate bill of Rs 9500 and Rs 13000) and supplier is paid on 25th april by cash.that is 9500+13000=22,500. WILL THIS AMOUNT DISALLOWED????
and what if the supplier was paid on same date that is date of purchase (20th april)

I want suggestion on following
MRS.X left India 3 years ago for employment purpose.

MRS.X who is NRI worked in India for 3 months during Jan 09 to Mar 09 and get salary income of Rs. 64500. She is working in IT Co. IT co. deducted Rs. 64500 as TDS.

Plz tell me in above situation how she can get refund for the same as her income in India is below taxable limit and country in which she is working i.e. U.S. have DTAA.

i have online trading income through demat account on daily basis.And now i want to know that under which head it will be taxable in my hands.if their is 2 solution then which is benfical to me if i have loss in it.and i m expecting gain in next year.Can i have option to take it as under head Business OR Capital gain income


if i file return under head business and profession,then i have to maintain proper books of accounts also because my turnover exceed 40 lacs.but i read somewhere that income of trading in equity shares is section 111, which is a short term capital gain/loss.please guide me under these condition

Dear experts,

Could you please explain what are Tariff headings/sub-headings and what is included under these headings??

My query is concerning to the topic of 'can the test of change in tariff headings/sub-headings be adopted for identifying whether a process amounts to manufacture'

Please help out.

Thanks

Whether a private Ltd. Company can collect Share Application Money in excess of Rs. 20,000/- in CAsh. Whether Sec. 269SS and 269T of IT Act, 1961 are applicable for Share Application Money.

From

CA Vijay

plz anyone can give information abt following:

how many aricles can work under a CA as a industrial trainee in a company?

Is there any limit for minimum pay scale under industrial training?

Can anyone please guide me on the procedure of applying for centralised service tax. And normally how many days does it take to complete the procedure.?

Also how to intimate the service tax department regarding the shifting of registered office. Is there a specific form or a letter will suffice

Thanks
Jaya Khair
Asst Process Mgr

Hello

I am going to be appear in C.A. Final in Nov.'09.

Kindly confirm that it will be enough the following prepration for cost management.

1. Institiutes Study Material
2. Saxena Vishist

Thanks

S.K. Nagpal
Punjab

Hello

I am going to be appear in C.A. Final in Nov.'09.

Kindly confirm that it will be enough the following prepration for Direct Taxes.

1. Institiutes Study Material
2. Saxena Vishist

Thanks

S.K. Nagpal
Punjab

Hello

I am going to be appear in C.A. Final in Nov.'09.

Kindly confirm that it will be enough the following prepration for Direct Taxes.

1. Institiutes Study Material
2. DInesh Maidan's Notes

Thanks

S.K. Nagpal
Punjab