Recent Forum Messages ( Last 7 days )


Replied in :

CA final november 2016 results

Posted by : sarita kumari   17 January 2017

My 2nd group is left to qualify n this was 8th attempt in one of my earlier attempt i had exemption in DT even then i couldnt utilise exemption n clear ..... now i dont want to write for atleast one year as others things in life is also important n i have to go with the flow ...not quitting will definately write in future when i feel like .

Replied in :

chartered accountant

Posted by : SR Kaithwas   17 January 2017

congratulations.... to all

Replied in :

Are taxes included for computing turnover u/s 44ad

Posted by : Dhirajlal Rambhia   17 January 2017

Here the query is specifically related to Turnover as related to section 44AD.

As per section 44AD:: Total Turnover / Gross Receipts are amount received/receivable from clients in respect of sale of Previous Year.

What are the receipts which forms Part of Turnover?

1) Sales Tax, excise duty, Cess, and other Levy.

2) Sales of unusables empties and Packages.

3) Service Charges charged for delivery

Then what are the Receipts which does not form Part of Turnover?

1) Sale of Property, Plant and equipments

2) Advance received from customers, deposits Received or retention money.

3) Any Security, retention or other deposit obtained from employees.

4) Interest Income or other similar receipts

5) Value of Inventory


Replied in :

CA final november 2016 results

Posted by : Vineet More   17 January 2017

Final Examination Results, November 2016
Roll Number 824381
Name VINEET MORE
Group I
Financial Reporting 056
Strategic Financial Management 034
Advanced Auditing and Professional Ethics 047
Corporate and Allied Laws 051
Total 188
Result FAIL


Replied in :

CA final november 2016 results

Posted by : Vineet More   17 January 2017

see.so unlucky


Replied in :

CA final november 2016 results

Posted by : SANTOSH KUMAR SAHOO   17 January 2017

Roll Number 851143
Name GATLA RAVI
Group I
Financial Reporting 037
Strategic Financial Management 035
Advanced Auditing and Professional Ethics 040
Corporate and Allied Laws 035
Total 147
Result FAIL
Grand Total 147

Replied in :

Result stress

Posted by : Aditya gupta   17 January 2017

Aradhana i just want to say be happy wid ur family n enjoy lyf..ca is Not everything..do things which makes u happy !!


Replied in :

CA final november 2016 results

Posted by : SANTOSH KUMAR SAHOO   17 January 2017

Roll Number 851143
Name GATLA RAVI
Group I
Financial Reporting 037
Strategic Financial Management 035
Advanced Auditing and Professional Ethics 040
Corporate and Allied Laws 035
Total 147
Result FAIL
Grand Total 147

New Topic

Isca lenient checking

Posted by : a.kumar   17 January 2017

Do you think this time ISCA checking was lenient, as I got 58 where I was expecting 42.

New Topic

Withholding tax

Posted by : Ruchi Sharma   17 January 2017

What will be the journal entry of withholding tax deduction not dividends to investors ?? I know the entries related to dividends but pls explain me with withholding get tax

Replied in :

chartered accountant

Posted by : Jhimmi Singh   17 January 2017

congratulations

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Tds

Posted by : Dhirajlal Rambhia   17 January 2017

Please refer section 195 J :::Any other income @ 30%. (For Individual NRI)


New Topic

Section 154d of it act

Posted by : Pankaj Misra   17 January 2017

CAN WE GET CERTIFIED COPY OF THE APPROVAL ORDER

Replied in :

chartered accountant

Posted by : surya karan   17 January 2017

congratulations Pooja..

New Topic

Section 154d of it act

Posted by : Pankaj Misra   17 January 2017

CAN WE GET CERTIFIED COPY OF THE APPROVAL ORDER

Replied in :

chartered accountant

Posted by : CA Suryakant Dubey   17 January 2017

Congratulations :)


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chartered accountant

Posted by : Jhimmi Singh   17 January 2017

plz share your strategies to clear ca

Replied in :

Result stress

Posted by : ACMA M.Abdul Khaliq   17 January 2017

In School days we would aim for 90s in every paper 

We would do home work daily 

We were perfectly disciplined 

and we would give weekly class test then monthly exam then finally exam 

and score easily around 70-80% somewhere around

See whats lacking  in the current Situation

Apply those old school strategies u will clear even CA without your own knowledge


Replied in :

chartered accountant

Posted by : sirisha   17 January 2017

My most awaited dream has come true to add d precious tag CA before my name.....

New Topic

Defective return u/s 139(9) with error code 31

Posted by : Hemant Kumar Mishra   17 January 2017

Sir,

i am an advocate. I file my IT return in ITR-4. But, for AY 2016-17, my son filed my return in ITR-1 before due date and got it e-verified and i got my assessment well in time. 

When i got this assessment order, i asked him to file revise return in ITR-4. Then i got a notice from CPC as defective return with error code as 31. The error descripttion is Taxpayer having income under the head “Profits and gains of Business or Profession” but has not filled Balance Sheet and Profit  and  Loss Account as required in explanation(d) under section139(9) read with section 44AA. The probable solution given there is The Part A of the Profit  and  loss account and Part A of the Balance Sheet should be entered in the corrected return without which the return filed earlier is liable to be treated as invalid.

While enquiry in my revised ITR-4, i found that i have 3.81 lacs as income from legal consultancy with expanses 66000, which i have shown in Section P&L Column "NO Account Case" and i filed my return keeping figures in Part-A BS section as 0 in "NO Account case column".

Now please help me out in replying the response  u/s 139(9). Shall i submit my response as "Accepted with defect" and file my return u/s 139(9) with some figures against cash balance amount in Part BS. But, how much figure should i quote there. Or is there any other way to solve this problem.

Thanks and regards

Hemant Mishra



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