Answer / satyaki_raju@yahoo.com

Mr Vikas Verma
You knew well to answer but forgot to help others
Your calculation about business firm is correct,but For
professional firm it is not correct.
Try to give answer in detail
The limitations under Sec 44 AA for professional firms and
Business firms U/s 40b
The limitations are
Professional Firms
1.Ist 1,00,000 90% 90,000
2.on the 2nd 1 Lakh 60% 60,000
3.On the Balance i.e 125600 @40% 50,240 2,00,240

For Business Firms
On the 1st 75,000 @90% 67,500
On the 2nd 75,000 @60% 45,000
On the balance 1,75,600 @40% 70,240 1,82,740
Th

Answer / stockproindiadotcom

What care should one take while investing?

Before making any investment, one must ensure to:

1.obtain written documents explaining the investment
2.read and understand such documents
3.verify the legitimacy of the investment
4.find out the costs and benefits associated with the
investment
5.assess the risk-return profile of the investment
6.know the liquidity and safety aspects of the investment
7.ascertain if it is appropriate for your specific goals
8.compare these details with other investment opportunities
available
9.examine if it fits in with other investments you are
considering or

you have already made
10. deal only through an authorised intermediary
11. seek all clarifications about the intermediary and the
investment
12. explore the options available to you if something were
to go

wrong,and then, if satisfied, make the investment.
<a href="http://www.stockproindia.com" title="stockproindia">

stockproindia </a>
<a href="http://www.stockproindia.com" title="stockproindia">

stockproindia </a>
<a href="http://www.stockproindia.com" title="stockproindia">

stockproindia </a>

Answer / sharetipsinfo

Hi,

Stock market India is volatile and all those who speculate
in market are loosing everyday. Please remember stock market
is not for speculation purpose. If one feel investing in
stock market is gamble then its better to think again.

One should always note that if they want to invest money
they should do proper research be it fundamental research or
technical research. Just think how come you can invest
your money without any convincing reason for the same?

Indian stock market is one of the most happening and
emerging market. Major Indian stock exchanges are BSE and
NSE and both are of world class standards.

So grab good stocks and invest that’s the bottom line.

We hope to see you in major profits.

Regards
<a href="http://www.sharetipsinfo.com" title="SHARETIPSINFO
TEAM">SHARETIPSINFO TEAM</a>

Answer / sharetipsinfo

Hi,

Stock market India is volatile and all those who speculate
in market are loosing everyday. Please remember stock market
is not for speculation purpose. If one feel investing in
stock market is gamble then its better to think again.

One should always note that if they want to invest money
they should do proper research be it fundamental research or
technical research. Just think how come you can invest
your money without any convincing reason for the same?

Indian stock market is one of the most happening and
emerging market. Major Indian stock exchanges are BSE and
NSE and both are of world class standards.

So grab good stocks and invest that’s the bottom line.

We hope to see you in major profits.

Regards
<a href="http://www.sharetipsinfo.com" title="SHARETIPSINFO
TEAM">SHARETIPSINFO TEAM</a>

Answer / puntercalls

India’s Bombay Stock Exchange along with Taqwaa Advisory and
Shariah Investment Solutions (TASIS) launched a Shariah
compliant index on Monday in an effort to attract more
investors from India and abroad.
The index allows investors to buy stocks without violating
Islamic investment guidelines.for more details please visit
to: http://www puntercalls.com

Answer / vikash verma

IF IT IS A BUSINESS FIRM, ALLOWABLE REMUNERATION TO
PARTNERS IS RS. 182740.00

IF IT IS A PROFESSIONAL FIRM, ALLOWABLE REMUNERATION TO
PARTNERS IS RS. 193240.00

If a supplier of goods is also a Contractor doing labour work, then is it necessary to collect separate bills one for material & the other for labour? or else tell me what is to be doen?

2 Answers   Om Buildcon,

what is the threshold limit on contract for financial year 2008-09

3 Answers   TCS,

In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap

0 Answers   NSCI,

WHETHER WE CAN REIMBURSE SERVICE TAX?

2 Answers  

how to pass service tax reverse charge entry pass in books

0 Answers  

What is the job of a accountant other than maintening accounts books?What type of Tax he should familiar to work as an Accountant?

0 Answers  

I AM RECEIVING THE GOODS FROM FACTORY BY STOCK TRANSFER I AM ISSUUING THE FORM- F FOR THE VALUE. IN CASE I AM RETURNING THE GOODS AS REJECTION WEATHER I HAVE TO RECEIVE THE FORM F FROM OUR FACTORY CONFIRM ME

1 Answers  

when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??

0 Answers  

what is latest rate of vat cst service tax. what is contractor tds rate.

2 Answers   Vimal,

Penalty if Advance tax is not paid on time for Individuals and companies?

0 Answers  

what is the vat rate for gold coin - 24 carrots in karnataka.

2 Answers  

what is the formula to calculate the VAT , ST,Excise payable to govt

1 Answers   Videocon,