If an NBFC receives foreign money and does not allot shares within 180 days from the date of receipt of the inward remittance then can

1. Such NBFC forfeit such money received.
2. If not then what is the procedure of treating the advance received.
3. Is there any penal provision under RBI Act 1934.

What is IRR i.e Internal Rate of Return?How does it help in taking decisions?

What is the case laws available relating to the renovation and repairs in fixed assets.

Basic principles as decided in case laws?

when expenditure is to be treated as repairs OR renovation and to be write of vs to be capitalisation

Please provide full text of the case if possible.

hi, friends.
what is the due date for registration of ITT if a student write cpt exam in dec 09 and want to opt for ipcc.
plz do respond to my query.

THIS QUESTION TO ALL THE EXPERTS
AS PER YOUR OPINION HOW WILL BE THE COMING BEDGET

PLS GIVE YOUR OPINION

THIS QUESTION SHOULD NOT BE REMAIN OPEN

Is convocation 2009 not meant for students,
as i got my pass certificate (CA Final Nov 2008) at my home today. (I live in Kolkata)
Also the second notification of Convocation does not mention students!!

Please help!

me and my brother had got a capital gain deposit of Rs. 5,00,000/- each on selling our ancestral property. and we both deposited such amount in capital gain deposit scheme with Andra bank.now we are planning to construct a house jointly for our residential purpose as we have no house, using the both of our capital gains(5L + 5L). the site now we are going to construct the house jointly,is in the name of our two brothers. ours is a undivided family. can we both jointly construct the house for our residence purpose using both of our capital gains. please any one let me know and help me in this regard.

I AM A LAWYER WORKING AS A RETAINER IN LAW FIRM I AM GETTING A FIXED RETAINERSHIP PER MONTH . I AM GETTING TDS CERTIFICATE AS PROFESSIONAL INCOME UNDER SECTION 194 J SHOULD I TREAT MY INCOME AS SALARY INCOME OR PROFESSIONAL INCOME. WHICH ITR SHOULD I FILE ITR 2 OR ITR 4

ARE GIFTS MADE TO ANY ONE DEDUCTIBLE AS BUSINESS EXPENDITURE IN P & L ACCOUNT.