Anonymous
18 November 2016 at 15:54

What to do now?

Hi all,

I cleared my CA final 1st group in May-16& wrote 2nd group in Nov-16.I completed my articleship in Oct-16.Campus placements will be held at the end of March,i have a gap of 4.5 months from now.I am not able to plan what to do in these 4.5 months.I am interested in joining industry after results.

Can you advise what to do in these 4.5 months to productively use this,so that this can help me in my job later.


Palak Rawal
18 November 2016 at 14:48

EPF

A company is not covered under EPF ACT so is it liable to file any form under the act?? (company is having less than 20 employees and their salary exceeds 15000 pm)



Anonymous
18 November 2016 at 11:00

Sale of property rs 72lk

Please Help,

Property value = 7200000
TDS 1% = 72 0000

So in 26QB =
Total Value of Consideration (Property Value)* Will be 72,72,000 or 72 lk


MEENAKSHI POKERA
17 November 2016 at 13:32

Gazatted officer

Who can be considered as an gazatted officer under income tax for certifiying annexure-A for correction in father name in any person pan card?

Whether government school principle or doctor also considered as an gazatted officer?



Anonymous
16 November 2016 at 15:43

Want to sell property at market rate.

Dear Sir, I want to sell my property at the market rate but the govt. value is half the value of market value. Now the buyer wants to pay Govt. value amount in check and rest in cash. Also as you are aware that demonetization has made 500/1000 rupees useless. how to go about it? Kindly advice.


kiran
16 November 2016 at 15:06

Receiving payment as cash

We are a Private Limited company based at New Delhi. We manufacture and sell Diagnostics Kits all over India to our dealers and distributors. We are a full Tax compliant company in paying all our taxes and returns on time as on date.
We are receiving several queries from our dealers that whether they can deposit the outstanding payment in our company current bank account in cash or not? Against the sale invoices punched in their company name from April 2016 till date.
what is needed from our side and dealers side in terms of relevant documentation to execute such transactions in full compliance?



Anonymous
16 November 2016 at 10:52

Name factor of cash deposit

If anyone bank a/c jointly created, now he or she want to deposit cash in cash requisition slip mentioning the name whose name is first in joint bank a/c, again he or she want to deposit more money in cash requisition slip by mentioning the second name of joint bank a/c, then is it possible limit of 2.5 lacks cash deposit for each person who are now jointly in same bank a/c.

Sir, Please inform me...for my better knowledge
Thanking You,


Kapil Gala
15 November 2016 at 01:25

Debtors collection after 8th November

sir I am doing a whole sale business.My issue is that we have outstanding with our debtors which are ready to pay in old notes. We received many amt in Cash and then we deposit the same into our current account on regular basis. My question is whether I can take the amt in Cash from my party and deposit the same into our bank account .You can say cash received from 15th November. If no ,what can be done . if yes what precaution and records need to be kept. pls revert asap we are not accepting it after 8th November but our business


Ashish Goel
14 November 2016 at 22:24

Cash in hand

any company having some cash in hand and this cash will be deposit 2 times in there current account.



Anonymous
14 November 2016 at 12:30

Audit

Dear All,

How can i work out the cost centre wise revenue,expense,and profitability of a service provider company?






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