if you are willing to do it ..........then do it. Because most of the subjects of IPCC is almost same in Second Year B.Com.

 

sub: RECEIVED NOTICE UNDER SECTION 143 1A FROM IT DEPT. REGARDING OUTSTANDING DEMAND AMOUNT

RESPECTED SIR,

I GOT INTIMATION UNDER SECTION 143 1A FROM IT DEPT REGARDING OUTSTANDING DEMAND AMOUNT OF RS 83870/= FOR THE ASSESMENT YEAR 2011-12 . I COULD NOT SHOW BANK INTEREST INCOME TAX DUE 3425/=IN INCOME TAX RETURN  FILING DUE TO NOT KNOWING 26AS AT THAT TIME .ONLY  AMOUNT WAS DUE RS 3425/=    WHICH I COULD NOT DEPOSIT AND  NOT SHOWN INCOME TAX DEPT RETURN FILING  .NOW WHAT I SHALL  DO WHEN I GOT NOTICE UNDER SECTION 143 1 A OF MUCH MORE AMOUNT  INSTEAD OF 3425/=

THANKS WITH KIND REGARDS

ADRRESS  brajeshkumar_singh @ rediffmail.com

Neeraj,

You perhaps want to consider the career you want to build.  Accenture, no doubt a great firm, is a consulting firm.  Bharati Airtel is in the telecom industry.  Both options lead to different career directions, and the options are not strictly comparable.  

You may want to give a further thought to the career that is of interest to you, both, now, and in the immediate short term and the skills you want to develop in view of your longer term career plan.  If you have a specific long term career plan or goal, the choice will be rather obvious.  If not, you ought to dwell on it.  It is not always easy to figure that out right away, but giving a thought to your long term career plan is at least a starting point.  

All the best,

AlphaVeda.com

Hi Friends,

Are the methods followed by Dr. P.C. Tulsian in his CA - IPCC Financial Management Book o.k ? Are the Symbols, Formulae and the Calculations made in the book accepted by the ICAI ? Can this book be followed for IPCC Financial Management ?

Thanking you and with regards.

 

HI, i just completed my fybcom...n planning to pursue the CA course...i have one question in mind that suppose i give my cpt attempt in dec 2013 then my ipcc will be due after 1 year n that year i will also have my tybcom exams(sem 5 in oct'14)...so my question is that "IS IPCC MANAGEABLE WITH TYBCOM?SHOULD I GIVE MY IPCC ATTEMPT WITH TYBCOM OR WAIT TILL TYBCOM IS DONE N THEN APPLY FOR IPCC WITH EXEMPTION?(but if i pursue ca after tybcom....i would have to wait 2 years frm now to give my ipcc exam) I am willin g to give ipcc with tybcom but i dunno whether i can manage both efficiently...suggestions n ideas required,pls help....thnx in advance:)

there are no cost accounting lectures . do u have any other working links ?

TAX RATES FOR COMPANIES A/Y 2014-15 / MAT RATES / MARGINAL RELIEF

 

http://chdcaprofessionals.blogspot.in/2013/05/taxratescompanyay2014-15.html

 

TAX RATES FOR A/Y 2014-15 OTHER THAN COMPANIES

 

http://chdcaprofessionals.blogspot.in/2013/05/taxratesay201415otherthancompanies.html

 

SPECIFIED TAX RATES FOR A/Y 2014-15

 

http://chdcaprofessionals.blogspot.in/2013/05/SPECIFIEDTAXRATESAY201415.html

 

Well CCI is publicizing it's coaching facility way too much (even if it's on its own site). And it's pretty annoying for the members!!!

 

What do you say?

DIRECT TAX CALENDER 2013 ISSUEd BY INCOME TAX DEPARTMENT

---

http://www.chdcaprofessionals.com/2013/05/DIRECTTAXCALENDER2013.html

Nice Quotes Sathish ji

'Demurrage charges' actually incurred by importer of goods are not includible in assessable value b,coz of the following reasons:

Demurrage charges are paid on account of the delay in clearing the goods from the port Rule10 Loading,un-loading & handling charges assosiated with the delivery of imported goods at place of importation shall be 1% of CIF value.It is immaterial whether they are actually ascertainable or not.

And in the case of Coromandal Fertilizers Ltd.(SC)   it was held that as landing charges are assessed on a percentage basis,they cover thereby all aspects of landing charges and it is not open to the revenue to seek to add any amount thereto on the basis that this or that or the other was not covered thereby.

Therefore, as 1% has covered all the charges associated with the delivery at the port,demurrage charges can not be added again in the assessable value.

I HOPE SO EVERY 1 WILL GET CLARITY NOW.

yes... because it is just a drawings and the firm is not going to claim it in Profit and loss A/c..... only if the amount is claimed as expense then it cant be....

Also for transporters the limit is Rs. 35000

 

'Demurrage charges' actually incurred by importer of goods are not includible in assessable value b,coz of the following reasons:

Demurrage charges are paid on account of the delay in clearing the goods from the port Rule10 Loading,un-loading & handling charges assosiated with the delivery of imported goods at place of importation shall be 1% of CIF value.It is immaterial whether they are actually ascertainable or not.

And in the case of Coromandal Fertilizers Ltd.(SC)   it was held that as landing charges are assessed on a percentage basis,they cover thereby all aspects of landing charges and it is not open to the revenue to seek to add any amount thereto on the basis that this or that or the other was not covered thereby.

Therefore, as 1% has covered all the charges associated with the delivery at the port,demurrage charges can not be added again in the assessable value.

I HOPE SO EVERY 1 WILL GET CLARITY NOW.

Thank You To All

the related file has been provided by a leading consulting fiirm in india

Demmurage are of Two Types, One  payable to Port Trust authorities when goods are not cleared within the prescribed time period ( Such Demm ) (is more of a Penalty / Rent for non clearence in Time & using the Port trust Premises for a Longer period) & such demm is Not added, But Demm paid to the Vessel Ship / Aircraft  ( if its a Chartered by the Importer ) for making it wait &for a Lonegr time & not ( Causing Delay ) in Unloading the goods within the specified time such Demm has to be added. See explanation to rule 10(2) of Customs Valuation ( determination of value of Imported Goods) Rule 2007. I have not seen in detail the contents of the question in your Paper, But whatever it be I have gvn the detailed explanation when Demm would be added & when Not.

I hope I have clarified the Point to the best & fullest extent

No requirement of deducting TDS in subsequent year if the person is INDIVIDUAL or HUF and not liable for Audit in the financial year......like in the above case if the person is Ind or HUF and not liable for audit in A.Y 12-13 then no TDS liability for A.Y  13-14

Thank you