Anonymous
27 January 2014 at 20:24

Salary

Details are 1.CPT first attempt -150 marks 2. IPCC second attempt -360 marks 3. Final First attempt (AlR 19).Done articleship in a medium size firm,Good knowledge of articleship matters.
How much He expect salary package to work in Pune
Plz help ,Thnks in advance



Anonymous
27 January 2014 at 20:19

Reg : 80g validiy

is it possible to get the revised 80G certificate from the Income Tax authorities saying the trust is valid for lifetime until it is specifically withdrawn.

why because the donor making donation ask for the 80G certificate with lifetime validity.



Anonymous
27 January 2014 at 20:18

Signing of return in case of huf

Can any adult member sign the ROI in the case of HUf even if the Karta is in India.

It is known that according to Sec 140 any other adult member can sign only when Karta is outside India.


Ankul Maheshwari
27 January 2014 at 20:01

Dividend distribution tax computation

Dear CA Club Members,

I want to clarify the computation of Dividend distribution TAX.

Case 1: Where DDT si computed on Paid amount:
Dividend paid to share holder - Rs. 100
Dividend Distribution Tax - 100 x 16.25%
DDT amount = Rs. 16.25

Total cash out flow from Company = 116.25

Case 2: Where DDT is computed on total out flow from Company:
Dividend paid to share holder - Rs. 100
Dividend Distribution Tax - 119.40 x 16.25%
DDT amount = Rs. 19.40

Total cash out flow from Company = 119.40

Which one is correct computation of Dividend Distribution Tax.

And also, Is it compulsory to pay DDT at subsidiary level before transferring Distributable profit to Holding company.
or DDT on Profits can be paid at Holding company level.

Plz help...

Ankul Maheshwari
Sr. Analyst - Corporate Finance


Kunal Mittal
27 January 2014 at 19:46

Tds on wages

We are a manufacturing firm and have workers on our pay roll. What is the maximum limit of wages after which we have to deduct TDS.


Spirit
27 January 2014 at 19:37

Tds

CAN U PLEASE TELL ME
WHERE TDS IS REQUIRED TO DEDUCT RELATED WITH
PROFIT AND GAINS OF BUSINESS OR PROFESSION.
AND REST OTHERS IN A SEPARATE LIST ?


Ajay Lawaniya
27 January 2014 at 19:28

Tds applicablity

If we are pvt.ltd. co and we are providing material to a contractor and issues instruction to contractor on how to work on the material.Now the contractor issues a bill of 35000 so wether tds u/s 194C will be deducted ?



Anonymous
27 January 2014 at 19:07

Invoicing s l no

Dear Sir,

i have taken Central Excise registration on 27-01-2014.
My question is
1. shall i continue the S L no from 287 i.e from existing bill book or new S L No starting from 1 ?
2. I am claiming SSI exemption, can i take the cenvat credit on earlier purchases i.e before date of Excise Registration

Thanks in Advance


jimmy
27 January 2014 at 18:52

Income from house property

'A' has a letout property. The property has been purchased under EMI scheme.he has to pay 120 EMI of Rs 10000 which includes 50% as interest.he has defaulted last 20 EMI. To repay outstanding EMI and penal interest Of 20000 he borrowed 220000 on 1 st October 2012 @15% p.a What Will be total interest deduction


Ninad
27 January 2014 at 18:44

Urgent plz help...

Sir
my employer has purchase an agricultral land for rs 1250000 in 2008-2009.
But the person from whom we purchase the land is receiving notice from income tax office that the person should pay tax on rs 5661600 which is the value decided by the govt.. what should the person do??
Does the person is required to pay tax on the amt of rs 5661600 or should pay tax on rs 1250000.

Plz help as soon as possible....






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