Anonymous
10 May 2014 at 00:14

Amendments for may 2014

Is there any amendments in audit applicable for May 2014 exams as there is no notification on ICAI website for this?



Anonymous
09 May 2014 at 23:01

Investment on company behalf

Can a company invest its cash in Fixed Deposits or equities. Are there any extra formalities or tax laws regarding these?

And does it needs to be a part of the objective in MOA?


Tojo Thomas
09 May 2014 at 22:53

Unsecured loan

sir, if an employee purchase some stuff for the company and company pay him back for the same later, wil it be treated as a unsecured loan from employee to the company?... Or how can it be treated?


Robinson Arya

I did not fill my exemption in the Examination form (slipped my mind)
now I have some Questions...
1. Do i have to 'give the exam' OR 'absent it' for the exemption to automatically validate?
2. What if I gave the exam? And
(a) I scored less. Would the newly scored 'less' marks will be valid or the marks scored in Exemption?
(b) I scored more. Would the newly scored 'more' marks will be valid or the marks scored in Exemption?

Read more at: https://www.caclubindia.com/forum/exemption-query-for-ipcc-may-june-2014-291229.asp


amit kumar
09 May 2014 at 22:06

Tax audit

Dear Experts, i want to know the provisons of Tax audit. if an assese is laible for tax audit in Fy in which its turnover was 1 crore bt if its turnover in next FY reduces from 1 crore, will he b laible for tax audit for the next FY


shaina
09 May 2014 at 22:01

Companies act 2013

Dear sir, As we know campanies act, 2013 is applicable w.e.f. 1-4-2014. Can we apply its provisions in the financial year 2013-14 ??


amit kumar
09 May 2014 at 21:57

Tax audit

Dear Experts, i want to knw if an assessee whoes turnover exceeds 1crore then he is liable to Tax audit but if subsequently his turnover gets reduce from 1 crore in next Financial year then also will he b liable for TAX AUDIT or not??



Anonymous

Whether newspaper Allowance , Telephone Allowance, Uniform Allowance are Taxable or Exempted Allowance for the financial year 2014-15??

And If yes to what extent??

Please guide!!

Thanks


Prabash Dey

Sir/Madam
When i enter more then 4 digit in the column of "Exempt income for reprting purpose only" in ITR for A.Y 2013-2014 its not shown.
How I write if my exempt income is Rs. 25740.00/- ?


Jeeth Kochar

Hello,
One of my client engaged in real estate construction since 2010. They have not dedcuted TDS from non of the payments made by way of salary or contractors payments,etc. At times the payments were also made by cash and through bank payments without TDS.

Now the client wants to adhere to all the applicable acts and laws from this financial year WITHOUT retrospective effect.

Pls suggest whether my client can start adhering to the acts and laws, WITHOUT retrospective effect?

If they start adhering will the IT department raise any concern for the previous years defaults?

If you have any other suggestions or advice on how can he proceed, pls share.

Thank you in advance.
Jeeth






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