The assessee and his friend purchased 2 plots in 2010 & 2012, respectively and started a Partnership Firm for Construction on said plots. In 2013 the construction is completed and they sell the 24 flats constructed on the said plots. Now how accounting is made for said transaction? How profits should be booked and Is there any Capital gain involve after sale of Flats?
Hi..
A private limited company incorporated in sep 2012.
By what date the AGM should be held and Annual return be filed in RoC?
Dear sir,
i have(Pvt.Ltd)purchase new software for Rs.75000.
can i charge depreciation on that software & what rate?
seller Co.has charged Vat also With issued Tax invoice then what can i take input tax credit on above software?
assesse is working some where and his family staying in native place and the assesse own house but assesse is staying in rental house due to his job place is far from his native place.
hence can we claim hra if yes, the assesse should how long from native place?
Would an advertising agency need to deduct TDS U/s 194C for payment to print media / elctronic media? or is tax deduction under section 194C-Circular No. 717 dated 14.08.1995 is still applicable or any change made for FY 2013-14
Please quote the source of your answers
I started my articleship before 6 month.Now I m thinking to take dummy and doing as a article or as job from other city or under other ca.its help to me to learn new work under new CA.When I learn full work then I can change firm easily without tension of transfer..so plz help me that m I right or not...
sir, I wish to undergo Industrial Training during the third year of my Articleship. I have certain doubts which are 1. We have to do GMCS 2 during the last year of Articleship. But during industrial training we are not allowed to take leave for more days. Then how to do GMCS 2? 2. How do we get leave for doing ADVANCED ITT?
On closing the Bank Account of HUF on account of death of Karta and transferring the entire proceeds to bank account of his wife what is the taxability involved?
Hi, I have a query regaring Medical Ins exemption..Medical Ins premium paid by Individual is exempted if paid for dependent or Indepent parents..But if it paid by Parents for thier Indendent children then it will be exempted in d hands of Parents?? If not, then Independent children can claim that amount paid by Parents?? And what would be the scenario if premium paid by father in law for his independent daughter in law
Regards
Dear sir/mam we are a company which get its employee official travel tickets booked from a travel agent who gives us a invoice for respective ticket amounts along with the service charges. need clarification about , is any TDS is to be deducted on our part for such a payment and if yes, then at what percentage??
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Accounting treatment for construction partnership firm