The latest case law on this subject is :- CIT v Gujarat Maritime Board (2007) 289 ITR 139 (Guj). Jist of judgement :- Object of general public utility is...
ARUN BANSAL
arun_1965@...
Mar 1, 2007 12:24 pm
10210
Dear Members, Since there is no standard deduction on salary, then why salary certificate should be attached to the ROI in the case of individuals whose...
Highlights Of Union Budget- 2007-2008 EXEMPTION LIMIT FOR CASH TRANSACTION RAISED TO RS. 50,000EXEMPTION LIMIT FOR CASH TRANSACTION RAISED TO RS. 50,000 ... ...
Dear member As an employer, it is the duty of the employer to deduct tax in this case.You have to educate the trainer to get PAN and you have to tell him that...
Hi Friends, Just a small quick calculation. Budget Proposals: Minimum Exemption limit to be increased by Rs.10,000/-. Education Cess to be increased to 3%. ...
COMPANY CASES (CC) HIGHLIGHTS ISSUE DATED 2-3-2007 Volume 136 Part 1 SUPREME COURT HIGH COURTS ENGLISH CASES CLB SAT DRAT STATUTES JOURNAL NEWS-BRIEFS SUPREME...
hi this is ravi kanth, i have cleared CA in Nov 2006, now applying for jobs. i am interested in Finance. ( basically investment banking, and core fianance). ...
Dear Members, SERVICE TAX 1) Since the threshold limit have been raised from 4Lacs to 8Lacs, what about registration if turnover is < 8lacs If in 2006-07...
Dear Sir, You have to ask the PAN No. in writing. And if says he does not have PAN No., then you can make the payment. at the time of filing eTDS return, you...
C.A. Arvind Kumar Agr...
arvind@...
Mar 1, 2007 12:28 pm
10220
Dear Mr Rajagopal, Sachin's client has a business loss of Rs 120000, out of which Rs 50000 is on account of depreciation. There's no question of set off of...
Dear Sanjeev, Section 71 is on setting off of loss from one head against income from
another. As per sub section (2A) if the net result of the computation...
Dear Members, I have filed form 1A with the ROC for approval of name. After approval What are the forms to be filed with ROC for CONVERSION OF PARTNERSHIP TO...
Hi, Under Current provisions of Sec-115 WJ of Income Tax Act, Fringe Benefit Tax needs to be paid as follows: The advance tax for the first three quarters is...
Press Release Budget Amidst Growth and Constraints of Price Rise February 28, 2007 The Union Finance Minister Mr. P. Chidambram has presented the budget -...
The latest case law on this subject is :- CIT v Gujarat Maritime Board (2007) 289 ITR 139 (Guj). Jist of judgement :- Object of general public utility is...
ARUN BANSAL
arun_1965@...
Mar 1, 2007 12:34 pm
10226
Dear Rishi The matter does not end here. Probe the fate/luck of key persons involved in the preparation of this white paper. When our firm was doing audit of a...
Found on net while surfing for budget 2007-08. This is got content both in english and hindi. The best part is you need to download a single file only. ...
Note: forwarded message attached. ____________________________________________________________________________________ Any questions? Get answers on any topic...
BUDGET HIGHLIGHTS INCOME TAX Section Subject Effective Date Changes Tax Rates Income Tax Slabs for Individuals increased By Rs. 10000/- for each Class ...
Thank God ! The beautiful lady (unabsorbed Depreciation) has the good luck of avoiding the evil-eyes of the FIN-MIN demons for so long. Regards, ARUN...
ARUN BANSAL
arun_1965@...
Mar 1, 2007 12:36 pm
10231
"An Inclusive Budget" : CII President / Falls short of expectations on Corporate Taxes : R Seshasayee Sound economic management at the macro level is a key...
Enhancement of the rate of TDS under section 194J of the Income-tax Act Under the existing provisions of sub-section (1) of section 194J, a specified person is...
Dear Friend You are right. Audit is mandatory done when the turnover exceeds 40 lacs in any previous year, but the later part clarifies that audit is to be for...
Dear Friend All agriculture lands falling within Municipal or notified areas are subject to capital gains irrespective of the city. lands beyond MC limits upto...
Date:01/03/2007 URL: http://www.thehindu.com/2007/03/01/stories/2007030103762000.htm ... Business Court verdicts annulled by Finance Bill S. Rajaratnam Penalty...