Mr.A, Mr.B & Mr.C are the partner in the Partnership firm. Tax Audit is applicable to the firm. Due date of tax audit for A.Y. 2014-15 is extended from 30th September, 2014 to 30th November, 2014. Mr.A died on 10th January, 2014.
In case of wealth tax return for AY 14-15 of Mr. A, what is the due date ?
If wealth tax return is filed on 30th November, 2014 then interest on wealth tax is for 2 months or 4 months ?
Please reply.
Dear Experts My father in law availed KSFC Laon of Rs.21 Lakhs mortgaging his property. Now I want to clear the entire Loan amount through NEFT transfer from my Current Account. Whether this transaction is genuine transactions or not. If not please advise me how to clear the above loan and take back the pledged documents from KSFC. Thanks in Advance.
If a manufacturing unit who is not EOU & doesnt enjoying any facility.They export their product what are the taxes should be applicable for export sale..???
while preparing for direct tax i find that there is lots of section under diffrent heads in which tax rates as well as deduction are different for resident,resident but not ordinary resident and for non resident.so my question is wheather any logic works behind such differences.please i want know it
Dear Sir,
If a Vendor has given Invoice for Bike Parking Shed Supply & Service((constructing shed with his own material)
supply Rs.5,24,000 + vat@5%=26,200/-
& service Rs.1,11,000 + service Tax@12.36%=13,719.60
now invoice value is 6,74,919.60
so on what amount do I deduct the TDS..!
on Basic value Rs.6,35,000(5,24,000[shed supply)+(service 1,11000] or on Rs.1,11,000)Shed Service amount) ...?
SIR, I MADE PARTNERSHIP DEED IN THAT FIRM CAPITAL IS RS 100,000/- SO. HOW MUCH COST OF FRANKING PLZ GUID.
Dear Expert,
Kindly resolve below query:
one employee joined in company in the FY 2008-09 and got PF number 13 then she left. then she re-joined in the FY 2012-13 and aloted pf number by mistake 23 instead of 13 now also she left.
when she claimed 2 accounts both are rejecting, kindly advice how to resolve her problem.
FYI- in the year 12-13 she don't have sur name in the FY 12-13 she updated her sur name in pf accounts.
Regards
Venkatesh
My question is if goods return in 6 month so date consider do or month suppose,15-5-2013 goods sent and return 18-10-2013,so in this case good deducted or not,this good not rejected goods,but normal goods,so kindly reply
As a newly ITP, I come across the following questions with the facts. 1. In a HUF, the karta holds nearly 200 grams of gold and a house as his assets besides his business assets. 2. In the HUF, 5 adults with 4 minors including karta. 3. The karta wants to protect his assets for his life security being the aged one. 4. Question is protect the gold from the member up to his life and a dedicated plan to divided the gold among member. up on this any investment plan to invests the gold money with out loosing the title on gold? 5. My suggestion up on the home is to reverse mortgage to earn on the value of home, and after the period the members will divided the residual value on sale! 6. Dear friends, suggests any plan to invest and held the karta. 7. Thanks for who reply.
I want to know that is it necessary to maintain Capital a/c in Tally Software for a non profit organisation or not.
Actually organination receives fund and I put this entry in tally:
Bank a/c Dr.
(under bank accounts)
Head office Cr.
(under direct incomes)
I am not maintaining capital a/c.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Interest on wealth tax