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varsha
11 March 2014 at 23:38

Regarding form 112

Hi,
I am doing my IPCC and B.Com together should i submit Form 112 or should i submit when i start my articleship training...i have not yet wrote my IPCC exams...i m attending in Nov 2014 so when should i submit Form 112...


Anshul jain
11 March 2014 at 23:13

Logo use by ca firms

1. As as per ethics logo's cannot be used but ever big 4 uses logo like ey, pwc so is not violation of ethics 2. How did this international audit firms have partnership with India companies like kpmg with bsr and comp. And when they share revenue is not violation of ethics of non sharing of fees other then ca's Thank you


NITHIN N.C
11 March 2014 at 22:27

Orientation programme

Please help me for online registration for orientation programme i created account and i login but there is no current batch option i applied for future batch and it gave me waitlisted number please suggest me what to do further



Anonymous

Whether interest paid on housing loan is eligible for rebate under income tax, if the builder has mention in possession letter that possession of flat is given for the purpose to furniture work.

please guide me.



Anonymous
11 March 2014 at 22:08

Appreciation

when is the appreciation in value of assets is recorded in the books and







if depreciation is claimed from the building, then we cannot claim capital gains from that property, is written in which section and pls tell me about this little bit.


sidambaraselvan

If an assessee is doing intraday share trading as business, then whether he should maintain books of accounts if his income from intraday share trading is less than Rs.1,20,000/= to show his intra day share trading income as business income.

His Turnover (Profit + Loss) is Rs.80,000/=

8% of the Turnover is Rs.6,400/=

In my context, an assessee's income is Rs.6,400/= Is it correct?

kindly assist me



Anonymous

Case :-
An Assessee owns a Self Occupied House Property (SOHP). He sells this house for Long Term Capital Gain of Rs. 20 lakhs. He purchases a new SOHP for Rs. 25 lakhs within one year of such sale.
He finances the entire purchase amount of new SOHP from a Bank Loan.
Query :-
Will he get an exemption u/s 54 ?
And, will he Also get Deduction on Interest on Amount Borrowed for purchase of new SOHP ?


Kamal
11 March 2014 at 21:32

Tds

Sir I am working with a company there is job work, if any contractor has no pan card , and we deduct 20% tds , how we will show in tds return? Please do needful


Rohan
11 March 2014 at 21:26

Tax implications


Dear sir,

A brief query of my is below:

1. I have booked a flat in Dec 2009 costing approx Rs 34 Lacs. Which has construction linked payment plan.

2. Agreement for purchase was done in March 2010.

3. By now I have paid approx. Rs 26 Lacs. Approx Rs 8.0 Lacs balance to be paid.

4. Flat is expected to be handed over by Oct 14.

5. I want to sell this flat and I may get approx Rs 50 Lacs as sales value i.e appreciation of Rs 25 Lacs.

6. I want to invets entire some is some other property.

Query: Will this appreciation attract any tax liability?


Regards.


Rohan Srivastava


akanksha sinha
11 March 2014 at 20:58

Query regarding gmcs 1

dear sir,
whether it is mandatory to complete gmcs 1 course during 1st year of articleship or enrolling for it within time would be ok. sir, if i enroll for gmcs 1 on 2nd april n my 1 year of articleship on 10th april 2014 then would it be ok. what would be consequences n solution sir. plz guide asap.






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