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prakhar dave
22 March 2014 at 08:38

House property

hey, can anyone explain deduction u/s 24(b) of pre construction period interest u/h house property...?? thank you...!!


Venkat

Dear Experts,

Good morning,
I have been running a marriage hall for a few months now, this business is not registered.
I understand i can use ITR-4S (u/s 44AD) for filing returns with my PAN & no service tax applicable yet as the gross receipts still less than 9 lacs.

Could you shed some lights on the following:

1) Should i apply for TAN and report/deposit any TDS, is it mandatory below case?
-I have 3 people working(a manager, a watchman, a housekeeper) in the hall,
whose individual's payment is still less than Rs. 2 lacs annaul income band (and no TDS)
-The annual rent paid to the owner is Rs. 1.8 lacs (and so no TDS)

2) Should i register this business anywhere and get any registration number/ID ??
(i have approvals from municipality/police/fire departments etc)

Thank you & Good day,



Anonymous
22 March 2014 at 02:34

8% net profit

hello
please give me correct ans.

mfg. unit and her t.o. is rs. 55,00,000/-
and net profit is rs. 171000/- ( 3.10% )
- liable for income tax audit ?
and her other sources income is ( comm. income ) 50000/- and tax pay amt 2500/-rs.



Rakesh Shukla
22 March 2014 at 01:29

Itr ack not send hard copy ay 12-13

dear sir agar itr file 30 july 12 ko kiya gaya ho aur ack ki hard copy abhi tak na bheji gaye ho jisme ki refund hai to kya revised returne karke ack. bhejna padega ya aur kush kiya ja sakta hai pls sugess me



Anonymous

whether companies act 2013 will be applicable for CS PROFESSIONAL DEC 2014 attempt??????????????


anamika
22 March 2014 at 00:27

Not collected service tax

turnover has crossed 10 lakhs,but not taken service tax no and even not collected the amount of service tax,so now i have to pay service tax from my pocket or what
what i can do in this isssue please guide
will apply for service no once ptsh pancard is ready


CA DREAMER
21 March 2014 at 22:37

As-18

Query related to AS-18 If holding co. Trasfrs GOODS to subs.co... it is a related party transaction...but while preparing consolidated fin. Stat no disclosure of the same is reqd in CFS. Similarly if holding co. Transfers any ASSET to subs. Co...it is a related party transaction....my question is whether in cons. Fin.stat. does it need to be disclosed or in this case also same treatment is to be followed as in case of sale of goods by hold.to subsidry......pls reply


monika
21 March 2014 at 21:43

Form 112

Dear sir/mam As I have registered for CS executive level as on 28 th feb (exams of which to be held in dec14)....and I m also CA final student and my articleship is abount to complete on 31st march 2014 ...and i have to intimate CA institute regarding pursuance of CS course within 30 days..i.e. till 31 st march 14.by filing 112 form that should be signed by employer...so is it possible to get my form 112 signed by some other chartered accountant..???? pls reply n thanks in advance



Anonymous
21 March 2014 at 21:34

Borrowing cost

Pls can anybody tell me if loan taken for the purchase of building and intt. on that loan can be treated as borrowing cost and other cost to take that loan is to be included in loan or borrowing cost or taken to profit & loss a/c as a indirect expense.



WHAT are the treatment of borrowing cost in regard to INCOME TAX.


ca ajit jain
21 March 2014 at 19:54

Assessment order explanation required

Dear Sir,
in the case of mechnical and labour supply contract business when gross work receipts was exceed to 1 cr. and books of account are rejected by the Income Tax assessing Officer. He applied N.P. rate 8% and after that he added 1500000/- also in U/s 37 (i) (vii. Whether any remedy in our hand or not? please explain






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