Anonymous
30 November 2016 at 13:25

Statement of income

Dear Sir/Madam

Please attach here format of statement of income to calculate computation of income

If have any free online software plz attach link here

Thanking you..............................


abhirath
29 November 2016 at 14:02

Taxing of gifts

Sir lets assume Mr X has 2 acres of land . He sold the land for 2 crores . He also pays long term capital gains tax @20 on 2 crs and remits the balance amount to his son's a/c as a gift . My question is , is the son liable to pay income tax personally or not ?


abhirath
29 November 2016 at 13:54

Income tax liability

Sir now Mr Mukesh ambani is the chairman and MD of Reliance industries ltd (RIL) . Now RIL as a company is liable to pay income tax @ 30 rate. My question is , is Mukesh ambani personally liable to pay income tax out of the profits derived by him from the company ?



Anonymous
28 November 2016 at 10:14

Due date for e-filling

Dear Sir/Madam

I have to IT returns for the assessment year 2015-16 & 2016-17 on 30-Nov-2016. Sir my question is which was the due date for IT returns for both financial year 2015-16 & 2016-17 plz let me know? I m avaiting for your reply .............

Thanking you


Tanveer Ahmed gd
27 November 2016 at 22:01

Bank reconciliation statement

In a BANK RECONCILIATION STATEMENT if suppose cheque has been issued but not presented in a bank in that situation what i have to do for the current month as well next month


sivakumar
27 November 2016 at 21:15

Partner drawing

Hi Good Evening,

A Partnership firm partners purchase land for own house construction. The payment wash made from firm, it is Partners Drawings or what type of accounts head in firm please clarify.
Regards,
A.Sivakumar.


Sandeep Shirke
26 November 2016 at 18:35

Purchase of Foreign currency

Dear All, My client has purchased a foreign currency from Indian rupees. My query is where we will be accounted this transaction and under which head? Thanks in advance.


jyoti
26 November 2016 at 09:22

What to do??

i hv cleard my first grp of ca final in first attempt bt due to direct tax i m nt able to clear my second grp from last 5th attempt should i quit ca? now m so depressed what should i do???


abhirath
25 November 2016 at 11:17

Demonetization

Sir suppose if Mr X has 10 crores of black money . Now he wants to convert all into white . Instead of depositing into others savings bank a/c , if he deposits this 10 crs with some temple's account and later encashed it with the consent of all trustees , will he escape from hands of IT authorities ?


abhirath
24 November 2016 at 21:59

Cash flow statement

Sir is it mandatory to use indirect method of cash flow statement or can we use any method ? Which is better according to u ?






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