Dear All I thought that, Income tax is chargeable on Income, however Mr.Chidambaram, intends to charge on assets also ( cash withdrawal of Rs.10000 or more...
DEAR FRIEND, THIS IS A GOOD PROVISION AS CIRCULATION OF BLACK MONEY HAS TO BE STOPPED AT SOME POINT OF TIME. HOWEVER, THE PROVISION SHOULD BE APPLICABLE ONLY...
YOU WOULD BE DOING EVERYONE A FAVOUR IF YOU COULD TONE DOWN YOUR LANGUAGE AND BE POLITE !!! A SIMPLE REQUEST WOULD HAVE BEEN SUFFICIENT...... IT IS EASY TO BE...
In my view, income tax by its very nature and definition is chargeable on 'income'. Like you have rightly pointed out, cash cannot be treated either as income...
Read on for some words linked directly or indirectly to the budget. AD-VALOREM DUTIES: These are the duties determined as a certain percentage of the price of...
I AM ALSO NOT GETTING ANY BRANCH BANK AUDITS FOR LAST TWO YEARS, I AM QUALIFIES IN NOV2001 AND APPLIED AS A PROPRIETOR...
SUNIL BHALOTIA
skbhalotia@...
Mar 2, 2005 2:27 pm
5112
Congratulations to Mr. Ramprasad for hitting the nail right on its head. I strongly believe that the proposal suggested by Mr. Prasad helps in bringing out the...
Dear All Can yiou please share with me the - Circular Notification by IT issued on dec 6, 2004 Thx P ... Do you Yahoo!? Yahoo! Mail - Helps protect you from...
 BUDGET , 28/2/2K5 Income up to Rs 1,00,000 per annum exempted from tax * Income between Rs 1-1.5 lakh to be taxed at 10% * Rs 1.5-2.5 lakh income to be...
Vishal Manchanda The ...
vishal_manchanda@...
Mar 2, 2005 2:27 pm
5115
Dear Mr. Ramprasad I fully agree with your views. The direct tax is tax on income and not on asset . S Ramprasad <sram@...> wrote: Dear All I...
Dear Sir, Please see the attachment containing the revised depreciation rates under Income tax Act,1961 V.M.V.SUBBA RAO B.Com. F.C.A. D.I.S.A(ICA) Chartered...
VMV SUBBA RAO
vmvsr@...
Mar 4, 2005 5:07 pm
5118
Change in declaration of indebtedness to be obtained from Statutory Auditors of Public Sector Banks Sub : Appointment of statutory auditors - Obtention of...
I too agree with the views and intention of M/s J.Srinivasan. I feel that, we the professionals as far as possible, must maintain low profile and not get...
Hello Friends, I have few queries relating to additional depreciation u/s. 32(iia); 1. Whether Depreciation will be allowed @ 15% even though the additional...
Dear Friends, I found the analysis useful and hope you too. Visit http://www.meraca.com Attached Message : Dear Members, The Finance Bill, 2005 was presented...
Dear Member, It is rather disconcerting that the Budget has included Banking Transaction Tax in such an arbitrary manner. Upon going through the Finance Bill...
Hello all, I would be very grateful if somebody can help in analysing the Budget Speech & Proposed Bill. As per the FMs Speech "At present, where the benefits...
Dear Friends, Let us keep the morals in place. This is not a place for personal vengeance. Let us keep the ICAI at its own heights, and we should be proud that...
Dear friends, Production related job work activities which amount to 'manufacture' within the meaning of Section 2(f) of CE Act are exempt from levy of service...
pawanji i agree that there is a need to curb the blackmoeny, but in fact this will lead to more black money and the honest and innocent persons will suffer. is...
Dear Member, The banking transaction tax is not direct tax. It is included in a separate chapter of the Finance Bill 2005. It is in the nature of wealth tax....
