The FM mentioned in the budget that direct tax code will be out in 45 days, can someone tell me what exactly is the direct tax code and what changes are expected?

on which date pcc june 2009 results will be declare?

Sir,
New limit of income Tax or new slab as per according new budget 09 applicable for F.Y. - 2010-11 or For F.Y. 2009-10

please forward me address of Banglore, which i have to forward my e-return AY 09-10

& what is change in Gift Tax in Uninon Budget 2009.

A person Mr.x is a consultant in a co-operative society.His son is a auditor in the same society.Is appointment of auditor valid ??? pls answer and also give some reference to prove the above case.and if not valid then what action can be taken against the auditor??pls suggest .according to me he is employee of the society so he is disqualified according to sec 224...

if the person is below taxable limit and he is a salaried person and the company didnt deduct TDS for him, is he necessary to file his returns?

is nil tds return needing to be done.

There is one manufacturing unit in which flooring work was done for the very first time since the establishment.. Before the flooring was done there was barren land n there was no use of such space except for parking.After flooring work done on such space there was much utilization of it such as for storing material and running of hydra crane..the cost of Flooring amounts to Rs. 30 lacs..
Whether such flooring should be debited to profit and loss A/c or it should be capitalised to factory building...If any judgement is there , then plz provide for the same...

Dear all,
As per Budget,2009 some amendments has been made in Cenvat Credit Rule,2004 one of that is:
In Rule 2 Clause (k) in Explanation 2, after the words “factory of the manufacturer”, the following shall be
inserted, namely:-
“but shall not include cement, angles, channels, Centrally Twisted Deform bar(CTD) or
Thermo Mechanically Treated bar(TMT) and other items used for construction of factory
shed, building or laying of foundation or making of structures for support of capital
goods”.

My Question is can I avail Cenvat Credit on Structural Steel for support of Capital Goods, purchased before 07/07/2009.

I am looking forward for your fast reply.

With Regards

Pankaj Naidu
pankaj.naidu@adityabirla.com

I want to change method of depreciation in company , what is the requirement , if financial statement will not looks good (decrese in profit) after changing of method , shall i change method ?? , please advise me.