what will be the accounting treatment for goods held for sale are given as gift,as no stock is maintained in books of accounts?wether to credit purchases agains expense head?

I have to pay 2,70,000/- to the goods Seller party for that I make payment to Jawahar Shroff in cash, and Jawahar Shroff issue me Demand Draft after charging his commission. ITO want to disallowd cash payment made to shroff firm.

Dear All,


1)Where to show the collection(maintenance, electricity, water charges, etc. ) from member’s and expenses against these collections in the ITR-5 in following cases -
a)Collection > Expenses (Profit)
b)Collection < Expenses (Loss)

2)Amount received from mobile company as rent for mobile tower constructed on the terrace.

3)Interest received from Pvt bank.

Under which head to show the above items while filling ITR – 5.

And in case of loss, can we adjust the income from mobile company or it will be fully taxable.

I AM HAVING RESIDENTAIL BUNGLOW WICH IS SELF OCCUPIED BY ME AND OTHERS 2 RESIDENTIAL FLAT WHICH ARE RENTED AND OTHER 2 RESIDENTIAL FLAT ARE VACANT AND ALSO OPENLAND WHICH ARE RENTED AND OTHER OPEN PLOT IS VACANT UNDER WEALTH WHICH ARE LIABLE FOR W TAX AND WHICH ARE EXEMPTED FROM W TAX

Dear member(s)

After the getting the transfer from article ship within how munch time period required to rejoin.
what are the consequences if can't rejoin

Regard

If one person has salary income of rs.35,54,300 after deducting p.t., his tds deduction for the year is 1345320/-, how much amount he should invested for deducting U/s 80 c

Dear All ! Please advice me in ITR-4 form , Investment in PPF A/c where to show in balance sheet part. I am confused regarding this in Balance Sheet part where to show balance of PPF a/c. Please advice me. Thanks in Advance to all of you.

I have taken the loan from the bank to purchase the house. I am regular in making the payment of interest and principle to the bank. I also claim interest deduction u/s 24 of I. T. Act, 1961. Now if I borrow loan from wife and make the repayment of loan to the bank, whether I would be eligible to claim interest payable to my wife u/s 24 of I. T. Act, 1961? Circular No. 08/2013 of 10th October explains that "In case a new loan is taken to repay the earlier loan, then the certificate should also show the details of Principle and Interest of the loan so repaid."

I started my Articleship period commencing from 21/04/2012.Subsequently I took termination on 21/01/2013. Date of my re-registration is 06.02.2013 and due date of completion of my articleship period is 06.05.2015.... Will i able to give my CA Final exams on Nov 14

AN ARTICLE IS ENTITLE TO RECEIVE SERVIVICE CERTIFICATE FROM HIS PRINCIPLE AFTER COMPLETION OF ONLY 9 MONTHS TRAINING

PLEASE LATE ME KNOW


REGARDS
MUKESH