Dhruv Bansal
19 April 2014 at 13:23

Ipcc accounts

Which topics are excluded in Hire purchase of IPCC Accounts syllabus?


naveen

In excise dept survey one of my client has found that he is not registered with them.....
then our client has paid all the tax for earlier years and not recover from customers.

So I want to know that all the paid tax is allowed as expenditure in the income tax for this year?


anuj
19 April 2014 at 13:06

Showing property in balance sheet

dear sir,
one of my client purchased flat in the year 2004,
but he didn't showed this amt. in balance sheet
so now could it be possible to show in balnce sheet in the year 2014 and if possible dan how.



Anonymous
19 April 2014 at 13:00

Itc

Our company is a group company, in our division Products are (sales) VAT exempted products, but on purchase of rawmaterials and othe finished products we are paying vat, shall we take input credit, in group company in our other division other manufacatured products we are paying VAT. Please clear my doubt.

K. Srinivas


Aman Agarwal
19 April 2014 at 12:58

Tds multiple branch

I am working in a Listed Company. The Company has 5 factories in the same state. Each factory has 4 Divisions. Each Division has a different TAN number.

Now, considering any one factory(F1). Suppose it has 2 Divisions (D1) and (D2).

D1 is taking professional services and needs to deduct TDS on the same. However, payment to the service provider is made by D2 after deducting TDS(for the first 6 months).

So, is it wrong from compliance point of view, that TDS is not deducted by D1 but by D2 for 6 months since services is received by D1?

What is a centralized TDS scheme in this regards?

Please provide links to laws/act/rules for references.



Anonymous

If someone deposits say Rs 1lac in my Saving account or joint account with spouse what is Income tax implications ?
Will Income tax departement ask details.
I pay Tax under Salary



Anonymous
19 April 2014 at 12:42

Tds

what are the consequnces of wrong pan in tds return

penlty 10000 or rate would be 20%



Anonymous
19 April 2014 at 12:26

Director remuneration

we are paying the Rs. 24 Lac per annum as director remuneration to one of the director of the company having 98% share holding. please advise we need to pay the service on his remuneration or not. Please reply.


Rajesh
19 April 2014 at 12:11

Industrial training

Dear Friends,
I am a student of Final & in the last year of articleship.

I want to join an industry as an industrial trainee which is not listed by ICAI but satisfied all the conditions prescribed by the ICAI, but no one Chartered Accountants employed at present in that industry.

Can I register with any other Chartered Accountants working in some other industries as an industrial trainee?

Thanking You,

Rajesh.s



Anonymous
19 April 2014 at 12:09

Companies act 2013

sir
is companies act 2013 applicable for may 2014
while presenting auditing answers student shud write companies act 1956 or companies act 2013
plsssssssssssssssssss help me






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