The company has purchased 10000 shares of another listed company in the year 2002 - 2003 held it as stock in trade. On 01.04.2005, such stock in ... Read Full Issue

What will be the rate of depreciation of Motor Car purchased after the amended notification on additional depreciation on Commercial Vehicle.?

If I purchase Land in cash exceeding Rs.20000/-, whether it will be allowed or diasllowed (Payment is made to Non Governmenr persons/bodies). Please ... Read Full Issue

In case of Tax Computation of Women, if her total income is Rs.230000/- out of which Rs.100000/- is against Income from Horse Race, whether tax will ... Read Full Issue

A company has converted its listed shares from Stock-in-Trade to Investment as on 01.04.2004.Whether the difference between cost of Shares and Market ... Read Full Issue

Whether service tax is applicable on maintenance bill raised on tenant by the landlord of commercial building? Maintenance includes services of ... Read Full Issue

Please refer a case which has been confirmed by Supreme Court except the case of Kwality Biscuit - for levying interest U/s. 234B & 234C on MAT ... Read Full Issue

Whether Interest U/s. 234B & 234C is applicable on MAT Tax. If yes, please suggest proper judgement on the basis of which we can be ... Read Full Issue

Whether Interest U/s. 234B & 234C of the Income Tax Act, 1961 is leviable where the copany has a Book Profit and Net Tax Payable if as per ... Read Full Issue