Puneet jain
11 June 2014 at 18:42

Additional courses

I am in ca final having nov 15 attempt.I am thinking of pursuing some add on courses like cfa,frm or cma as I am not taking any coaching classes.Moreover i do not have excessive time burden on my articleship activities. So which courses will be better to pursue along with c.a to enhance my future career path.



Anonymous

hi,
im visakha i cleared ipcc group-1 in 2013 didnt clear group 2 wrote my attempt this may 2014. im sure i will be clearing this time.i want to start coaching for final. my fianl attempt is on may 2016.can u advice me what subjects to take coaching ? i already finished financial reporting coaching classes. i want to take now idt and isca ? can i take ? will they be any changes? can i opt for those two subjects? as i want to clear final in first attempt.. dont want to take any chances,asking ur advice.please help me im confused.



Anonymous

Dear sir,
During the FY 2013-14 (AY 2014-15) I have received the following receipts : -
1. LIC Market Plus redemption amount. I purchased this ULIP Market Plus in the year 2006. Redemption requested in 2013 and the redemption amount received in July, 2013.

2. LIC Policy maturity amount receivedon 28.3.2014,

3. Interest on FDRs with Banks.

I want to know whether the above incomes are deductible from the total income to compute the total taxable income ?

I am a senior citizen.

I shall be thankful to you for your guidance.

Yours
Subhash Chandra Sharma


CA Vikas

Dear Expert,

pl guide on this.

according to notification 21/2012 of income tax act, no TDS will be deducted on subsequent sale of Software.

However, whether TDS is applicable on after sales service e.g. Software up-dation charges / license renewal charges ?



Anonymous
11 June 2014 at 18:17

Acceptable exp.

HOW MUCH EXP. RE ASSUMED AS ALLOWABLE ON COMMISSION INCOME INCOME BY I.T. DEPARTMENT


Divya Sethi
11 June 2014 at 18:15

Form inc 1

Hey!
i have a query related to resubmission of Form Inc 1. I am forming an OPC under which i applied for name approval by filing Form INC1 but later i got a mail stating some errors related to the name of the company, So i tried to modify my form, but the same is not happening. I tried to find the reason and I came to know that a new version of the Form has came and older version is not acceptable. Now i am not able to modify or delete the previous form. Kindly help me out with this.


Trainee
11 June 2014 at 18:15

Tds

I m individual, get my itr filed from someone and he raised the bill amounting to Rs 10000. is tds deductible on that amount? ?



Anonymous

My articleship is ending on 28th April, 2015.
I have already taken a leave of 129 days. I am planning to take leave from 7/7/2014 for preparing for November attempt.

Will I be eligible to appear for November, 2014 exam?


C K Mishra
11 June 2014 at 18:00

Vat rate

Dear All ,

One of my client has open a Veterinary hospital for DOG , Cat etc in Delhi

We are very confused to decide the Vat rate applicable for various items ( 5% or 12.5%) like as Ball,chain , food items

Anybody can provide list of items used for that type of hospital with Dvat Rate

Thanks

C K Mishra
Delhi


CA Maulik Bagdai
11 June 2014 at 17:59

Payment to retiring partner

Retiring partner takes part of the stock of the firm on settlement...

Will this be taxed in the hands of Firm or Partner...???






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