Anonymous
02 May 2014 at 15:03

Capital gains

If we sell a business asset then we calculate capital gains. However when in the business a block of asset ceases to exist and if sale consideration is more then we again charge short term capital gain so there can be charge of capital gains twice can someone please clarify the same?


Mallika Shah
02 May 2014 at 14:47

Capital gains

an assessee lives and owns a house property in City A. He also owns one more flat in City A whcih is given on rent.

he also holds a flat in City B which was also given on rental basis.The same is sold by him in this financial year and intends to buy two more flats in city B

is capital gain applicable to him or can he claim exemption under 54?



Anonymous
02 May 2014 at 14:46

Demand notice

My Brother itr was Filed by Mentioning wrong TAN in ITR1 He is a Salaried Employee.Intimation u/s 143 was sent by cpc with Demand Identification No and it shows net amount payable.But my brother had Refund amount.It is not possible to revise return because it is filed after due date. In that intimation challan no/ITNS 280 was attached and Tan unmatched information also.Is it possible to file rectification under section 154 now?and how to file? Please guide me.

Thanks in Advance.


arjun agarwal
02 May 2014 at 14:07

Prior period exp

Hi,

what is the group of perior period exp in tally



Anonymous
02 May 2014 at 13:45

Form 15h & 15g

Dear Sir,

I want to know that Form 15G& 15H applicability...i mean in which tds nature of payment we can use these forms....

we are paying rent 27500 per month it is under the purview of tds.

my question is can i take form 15g from landlord..because he does not want to deduction of tds...is it applicable for 194 I..


Thanks

Vimal


Rohit Mundra
02 May 2014 at 13:32

Reverse charge mechanism

Please anyone clarify me that for RCM purpose under service tax, a LLP should be covered under Body Corporate or Partnership Firm or both?



Anonymous
02 May 2014 at 13:28

Income tax salary+tax

For the Financial year 2013-14 and Assessment year 2014-15,If an employee age is 65 Years.His Net salary(consolidated) is Rs.75,000 per month.If Tax point of Tax is borne by company.Company must be paid to employee Rs.75,000 P.M.


In the above case what is the taxable salary and tax amount.

Note:Gross P.M(75000+Tax)


Harsh
02 May 2014 at 13:21

Refund

Dear Sir,

I have taken admission in IPCC on dated 31st March 14, that time i was not aware about the term and condition for article ship. I am working guy and not able to leave job. henceforth, i am not even participate in article ship and eligible to give exam in future. Pl guide me that can i take refund back for my admission fees. IF yes, pls provide me process on that..
Pls help me!


ANAND A
02 May 2014 at 13:18

Appearing for ipcc may 2015 exam

Sir,
I have been registered under IPCC Direct entry scheme. I am not yet registered for Articleship and planned to do so in this month. Should I am eligible for appearing for the May 2015 examination.


FCA FCS Neeraj Kr
02 May 2014 at 13:16

Advice required

Hello my dear professional colleagues,

i am a Chartered accountant also having cs ,i am in practice from the last 1.5 years and so having good exposure in handling audit/law/taxation consultancy ..
but in practice things are not going in favour.
kindly give your priceless advice abt what shd i do to turn things around in my favour..means whethr i shd quit practice or join the job ?





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