I am having bank fixed deposits which will be maturing in next financial year and i had opted for interest at maturity.

Will interest earned in this fin yr has to be concidered as an income while doing income tax computations for this year or it will be considered at the time of maturity.

Amit

HI
AS WE KNOW SEC 194 C IS APPLICABLE TO CONTRACT FOR JOB WORK. SUPPOSE WE ARE HAVING A SINGLE HOTEL FOR THE STAY OF OUR GUESTS & CLIENTS. WHEN WE RECEIVES THE BILLS FROM HOTEL IT HAVE TWO COMPONENTS ONE IS " SALE OF FOOD ' & OTHER IS ' SERVICE CHARGES ". IN THIS ARE WE LIABLE TO DEDUCT TDS IF THE SERVICE CHARGES ALONE DOES NOT EXCEED RS. 50000 IN A YEAR BUT SUM OF BOTH COMPONENTS EXCEEDS THE 50000 RS.

WAITITNG FOR YOUR KIND HELP.
RAM DAS GARG

In SEBI , I have some qurry
Plase help me.
I can't understand meaning of following terms
Can you explan me that?
Plases
It will help me to understand SEBI guidelines

Issue Price
Price Band
Record Date
Red Hirring Prospectus
Merchant Banker
Composit Issue
Market Maker
Retail Individual Investor
Firm Allotment
Offer Price
sec 81(1A) Persons

Plases reply me as soon as u can .
It's helpfull to me.

We are 100% EOU, can we be benefited u/s 10 B on sales made to SEZ if we get the sale proceeds in foreign currency. The shipping bill through which our customer ie sez exports includes our name also. Pl clarify with case laws if any.

Hi,

I want to know the rate applicable 10.3 % is from 24.02.09.

My query is

My billing date is 03.03.2009 but period of billing is Jan-2009 what will be S.Tax applicable?

Thanks
Bhaskar

We are 100% EOU, can we be benefited u/s 10 B on sales made to SEZ if we get the sale proceeds in foreign currency. The shipping bill through which our customer ie sez exports includes our name also. Pl clarify with case laws if any.

Dear Sir,

If we are running factory on rented primises and expenditure incurred towards construction of additional store room and BSR should be capitalise or debited to P & L ?

Please advise.

thanks,

Chintan

hi
i m facing problem payament of transporter if amount Rs.20000/- above how to maintain the books and because transporter want cash?

Dear Sirs,

If we are running facory on rented primises should expenditure made to construct the addittional store room within the rented primises shoul the expenditure made capitalise or debited to profit & loss account ?

Please advice.

thanks,

Chintan

Hi,
This is regarding computation of income of Partnership firm for A Y 07-08.

if any property (i.e. godown) purchased before 01.04.81 but not shown in balance sheet of the firm & sold in A Y 07-08,then can I claim deduction from sale proceed thru cost of acquisition or fair market value