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DR GAURAV GUPTA FCA, FCS, LL.B

PLEASE TELL THE MEANING OF INADEQUATE PROFIT FOR GIVING REMUNERATION


Vilas Waghule
11 July 2009 at 16:24

Female karta of HUF ?

Can the wife of the Karta of a HUF become the Karta of the HUF on the demise of her husband. Is this applicable in the State of Maharashtra ?


rajesh
11 July 2009 at 16:23

EC AND SHC ON TDS

DEAR SIR/MADAM

DURING THE F.Y. 2009-10 IS EXEMPTION FOR COLLECTION ON TDS OF EDUCATION CESS AND SECONDERY HIGHER E.C. TO COMPANIES AND INDIVIDUALS.

THIS IS ONLY EXEMPTION ON TDS COLLECTION ON INCOME TAX PAID ALSO.
PLEASE TELL
THANKS IN ADVANCE


rajesh
11 July 2009 at 16:21

SEC 269SS AND 269T

DEAR SIR/MADAM

AS ASSESSEE TAKEN LOAN FROM BANK (SECURED)RS. 25,00,000/ AND LOANS RECEIVED FROM UNSECURED FROM OTHERS RS. 15,00,000(CHQ) AND RS. 1,00,000/-(CASH) THESE ARE SHOWN UNDER 3CD COLOUM NO 24B SEC 269SS IS COMPULSORY. ALL ITEMS OR UNSECURED ITEMS, CASH RECEIVED ABOVE TWENTY THOUSAND IS DISALLOWED BY ITO OR AT THE TIME OF COMPUTATION.
2. AS ASSESSEE GIVEN LOAN TO OTHERS RS. 1,00,000(CHQ) AND RS. 1,50,000(CASH) THESE ITEMS ARE SHOWN UNDER 3CD COLOUM NO 24B SEC 269T IS COMPULSORY. ALL ITEMS OR UNSECURED ITEMS, CASH PAID ABOVE TWENTY THOUSAND IS DISALLOWED BY ITO OR AT THE TIME OF COMPUTATION. IF ABOVE ITEMS ARE DISALLOWED OR PENALTY IF PENALTY PLEASE TELL HOW MUCH AND WHICH SECTION.

THANKS IN ADVANCE


Manindra Mohan
11 July 2009 at 16:20

capitalisation of Assets

A new Computer moniter replaces with old moniter. old moniter is not in condition of work.
Will new moniter Be capitalised?

Will The Treatement Be different, if old moniter is in condition of Work and transfer that into stock?


narender
11 July 2009 at 16:13

REG - TAX

hi friends


i am working in private company


earlier we are providing the facilities of car & driver to our employees and paying FBT on them

but for now FBT was abloised

now is it Taxable in hands of employees
if yes then what %
and how i will calculate



2. we are also reimburshing the Driver Salary & fuel bill & telephone bill of our employees


now is it also taxable in hands of employees

pls suggest me


DR GAURAV GUPTA FCA, FCS, LL.B
11 July 2009 at 16:08

MBA/CIMA FROM LONDON

I AM A CA IN PRACTISE WANTS TO SWITCH SO IT IS FRUITFUL TO DO MBA/CIMA FROM LONDON IF YES THEN WAT TO DO MBA OR CIMA


Sajjan Agrawal
11 July 2009 at 16:06

Fraud made by Directors

One of director have passed some confidential information to outsiders apart from this he has taken money from company's client and deposited it into his personal bank accounts. He is also holding 33% shareholding in the company and still holding the directorship in the company. The company is running in loss. What kind of different action a company take...Kindly help urgently.


vipin
11 July 2009 at 15:54

wealth tax calculation

please urgently tell me that,
if an individual has flats, agri. land ,urbal land,etc. Than whether purchase value (cost) is relevant or market value for wealth tax calculation.
If market value, than how to ascertain that in real life since assessee is a individual.
amount involved is about 1.70 crore.
please tell me some expert opinion.


Narendra
11 July 2009 at 15:36

Excise duty

Sir,

Pls tell me what is the current rate of excise duty.


Regards
Narendra Singh