mohshin
30 April 2014 at 19:32

Limit for cash in hand

hi, I'm seyed, ca-final student. as per sec 56(2)(viib), gift of any kind on the day of marriage is exempt from tax. suppose if I'm getting 25 lakh as gift in cash on the day of marriage: 1. Am I eligible to tax audit? 2. should I have to maintain any deed or document as to the proof for gift? 3. also see the above if I get the said sum from huge group of freinds? 4. is there any limit in the IT act or any other law that prescribe amount that one can have cash in hand? kindly clarify the issue... thanks ......



Anonymous

Dear Experts,
A friend of mine has just completed his BCom and wishes to pursue CA. Under the direct entry scheme he is required to do 9mnths of articleship before answering IPCC. He fears that he will not get time to study and therefore wishes to answer IPCC before doing articleship.
Is there he way he can answer IPCC before doing articleship under the direct entry scheme?
If not, what do you feel he should do? Answer CPT?


Mohan Chavan
30 April 2014 at 18:58

Mot charges

what is the mot charges?


s suresh
30 April 2014 at 18:27

Tds

I made payment for March 2014 on 29.04.2014. For Rs 20000 for 194 J but our banker made mistake in challan A.Y. 2015-16 instead of 2014-15

Whether i can Adjust Rs 20000 for March 2014?in 194J

or
Made Fresh payment


yashsr

Hello,

A Pvt Ltd Company has been converted into a LLP. Now I want to amend my PAN Card. My question is whether PAN no. will change(since the 4th Character should now be 'F' instead of 'C') or will it remain constant ie. Permanent as the name Permanent Account Number suggests?


Vikas S. Shirsat

Dear All,

can anybody explain / guide - Photography Service ( Filming & Editing )

Photography Service including Filming & Editing - TDS Deduction under which section as per IT

for i.e. 194 C / 194 J


Vikas S. Shirsat
30 April 2014 at 18:13

Deemed exports

Dear All,

can anybody explain Deemed Export in India



Anonymous
30 April 2014 at 18:10

Income tax

What is Minimum Alternative tax?


Divya Agarwal
30 April 2014 at 17:47

Checking of reconciliation statements

dear experts,
how to check various reconciliations given by a company like details of refundable terminal excise duty,earning in forex, provision for credit & debit notes etc


Rasila
30 April 2014 at 17:44

Appointment of auditor

please let me know which for is to be filed under new Act for appointment of Auditor.





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