sir/mam,
in sec44AA it is specified that for specified profession maintenance of accounts is necessary , if the gross receipt in all the 3 preceding years exceed 150000 ,what will happen in case if profession was started 2 years ago
1) Can the sale proceeds of a residential property be invested partly in bonds and partly in purchase of another residential house in order to save tax on long term capital gain.
2) If yes whether the whole of the sale proceeds have to be reinvested.
3) If not then what part of sale proceeds is to be invested to save tax and what about the remaining part. Is it to be kept in savings account and will it be non taxable.
I didnt filed my ITR of A/Y 2012-13.
There is an option of A/Y 2012-3 when I login to income tax website.
Can I submit my return till now?
And under which section should I file my return?
Please reply as soon as possible. Thank you.
Can a CA principal force or bound to Article trainee for serving in to their office, when article has successfully completed his training ?
Dear Sirs & Friends,
Our company has booked a stall with AEPC (Apparel Export Promotion Council), It is a government organisation, my question is whether we are supposed to deduct TDS U/S 194I on the payments made. Please clear my doubt. Is it ok if we deduct TDS from payments made to Government organisation. Please help to clear my doubt.
Dear Expert,
I have made payment to foreign supplier but bankers wrongly transferred in USD instead of EURO currency. Supplier received payment in USD
Is there any issue?
How to resolve this issue?
Kindly help in this.
Regards,
Sabarish
I have got a letter from icai stating my provisional roll no. for ca final may14 exams.However it mentions that I have missed darkening the circle in point no.8 regarding articleship eligibility etc. Which infact I have missed.I am terribly scared.It asks to inform the status of articleship,but how to inform is not mentioned in the letter.Regional office is to be contacted.They write they'll confirm my roll no. when they get a confirmation,but how am I supposed to inform them??i am serving my last 6 months of articleship,so I am clearly eligible to sit for the exam.I just want to sort it asap.Plz suggest.
what is wip? purpose of calculating wip? impact in BS and P&L? when we show wip? please clarify my doubts.
Sec.44aa