i m a final C.A student, n just completed my graduation this year..wat should i take up for further studies? i mean to say C.S or Law? wanted to know about the scope of studies mentioned above with my C.A course....

can dividend be paid out of revaluation reserve

AS PER SEC 54 WHETHER WE SHALL HAVE TO DEPOSIT THE AMOUNT OF CAPITAL GAIN OR THE AMOUNT OF NET CONSIDERATION IN THE CAPITAL GAIN DEPOSIT SCHEME FOR CLAIMING THE EXEMPTION?PLEASES NOTE THAT THE ASSESSEE WANTS TO SELL ONE RESIDENTIAL HOUSE AND TO BUY NEW RESIDENTIAL HOUSE OR THE BOND OF R.E.C. OR N.H.A.

D/sir,

is income from dairy farming taxable. the assessee distributes milk to local vendors and customers.

I am a law graduate. I did my CS foundation when studying law.
I chose Commerce as my subject for IAS exam. Since the syllabus was similar, I sat for CS Executive Programme and cleared both groups.
Now I want to apply for CS Professional Programme. Can somebody please answer these questions?

- Is training compulsory for me to give CS
professional course exam? I am not keen
because my primary focus is IAS exam.
- Can I avoid training by opting for
Licentiate CS?

Are there any other points that I should watch out for -additional training, computer course. etc?

Thanks in advance for helping me out

Can a company disburse LTA amount on monthly basis ( with salary - as a component of salary)?

Dear CA Club Friends

There is a changes in Professional Tax slabs effected from the financial year 2009-10.(with effect from 01.04.2009) as below:

1. Upto 9999/- - No Tax
2. 10,000/- to 14,999/- - 150/-
3. 15,000/- and above - 200/-


I need the notification regarding this,If some body knows it please mail the link to me in my mail ID primecfo@hotmail.com .

Thank and regards

Deepika Tyagi

one of my client purchases made around 35 lakhs. Payment made in cheque around 18 lakhs balance amount he paid in cash in every month spilting cash payment less then 20,000/- amount. U/S 40A(3) Attract or not. there is no cash payment towards expenses. All purchases billing maount b/w range 50,000 to 1,50,000/-

a person under the name of his proprietory business doing the business of printing, laminating and directly despatching to patients of renounced hospital of their medical records on behalf of that hospital.he is in dilema as to whether to charge vat or service tax in his invoice. most likely he is interested in charging vat as it is of lower %, is there is any provision in service tax act to avoid charging service tax for this type of business??????

Can I Take VAT credit on purchase of UPS