i couldn't crack the last cpt...next exam on nov 4th...can i pass it by preparing 50days nd what r d tips to be remember, i mean which subject should be given importance nd if it is needed to look all chapters in detail?pls help me.....

i couldn't crack the last cpt...next exam on nov 4th...can i pass it by preparing 50days nd what r d tips to be remember, i mean which subject should be given importance nd if it is needed to look all chapters in detail?pls help me.....

I noticed one Mr.Jitender is answering a lot of queries in this forum. Can I request to clarify my doubts arising in the accounting and finance profession and also the CA final doubts ?

Hi,

My client is an Individual having only Income from Salary and Interest from Banks. My client wishes to purchase vacant land wroth of Rs. 25, 00,000/-from Non Resident Indian who is well settled in USA

Now my question is TDS provisions are attract to my client. He has to deduct TDS @ 20% U/s 195 on sale consideration.

Kindly clarify

Regards
K.K.VISWESWARA RAO

Hi i have basic level of Maharashtra VAt knowledge but i want some book which can provide me detail knowlegde.Ca u suggest me some books in easy language which can explain the VAt concept from registration to the end.

Theres a latest news that income tax act 1961 is going to be replaced by new income tax with effect from April 2008..
My PCC attempt is May 2008..
will i be affected ??
My PY for tax purpose is 2007-08 and
AY IS 2008-09..
Pl reply.......

What is the remedy if the tax is paid by quoting wrong PAN

if an individual deputed to usa for employment
on 29th sep 07,and as his salary will be taxed their;will he be taxed in india too,when he transfers that amount from usa.And what will be the tax treatment of the exchange difference earned??

Thank you Mr.Rao for your clarification. shall I take that the assets purchased after 31.03.2004 are not eligible for the higher rate of depreciation ( 50 % )applicable for TUF scheme purchase ?

Demurrage charges paid to port authorty whether it is allowed under income tax act or not.

please provide backup for your opinion.