Abhishek Mer

A company's godowns receiving the items like wheat, rice, sugar, Cotton oil, soya oil, pulses by Goods Transport Contractor and paying the ST on the basis of reverse charge. On the transportation of all the above items, does the company get exemption or not? Does it requires to pay tax? Please suggest with relevant notification and circulars. Also suggest that N/No.03/2013 has substituted the N/No.25/2012 or added?


Ca Club Member
20 January 2014 at 20:35

Bacha f guzdar query?

We have learned in Income tax that under the head Income From Other Sources Dividend income is exempt from tax, u/s 10(34) but in the example of Separate legal entity in Company Law (Companies Act 1956) we also learn that Bacha F Guzdar will be liable to pay tax on the dividend income.


My solution to this problem:
My tax teacher while teaching IFOS referred that Dividend income is taxable under IFOS but it is exempt.


Am I Correct?



Anonymous
20 January 2014 at 20:32

Date sheet

Sir as we know ca ipcc date sheet has announced, and exam start on 27th june , but sir if elections are end upto end of aprii or in first week in may ,,, ,,,,then sir, kya icai date sheet ko further modified kar sakta hai kya? And exams may start in first week of may?


CA Ganesh Choudhary
20 January 2014 at 20:31

Tds

One of my client, operates his business from primeses owned by an n r i, is he required to deduct tds? Client is an individual and turnover is below audit limits



Anonymous
20 January 2014 at 20:26

Dsc for pf claims employees

Hi,

Someone may please do the needful, if possible.

Query

Which Type of DSC for the purpose of PF Claim Employees?

Ans: ………….

Documents and Steps to procure appropriate Type DSC or alternatively, any URL in this regard, please provide?

Ans: ………….


Thanks in advance for your reply.



Anonymous
20 January 2014 at 20:18

Selection of job between 2 otions

i am a ca fresher.i have two job options.1 is accenture as a client financial management analyst and the other is sr accounts executive in trent ltd.i.e. a group company of tata which handles star bazaar and westside accounts.
Salary is same in both.
so confused which to join for considering future growth opportunities,work culture and hike in salary in future.
Plz reply as soon as possible with reasons.
thank you in advance



Anonymous
20 January 2014 at 20:16

Tds provision

ANY CASE LAW OR OTHER SUCH PROVISION CONTRARY TO PROVISION OF SECTION 40(a)(i). As in one of the case Assessee has not deducted TDS on Interest Payment.



Anonymous
20 January 2014 at 20:11

Tds

Can any body tell what is the password to open pdf document of intimation downloaded from TRACES from inbox. I could not find the same. Thanks in advance. I have tried TAN and other possible passwords but could not open.



Anonymous
20 January 2014 at 20:06

Latest development

i am interested in knowing latest development in ACCOUNTING , BANKING AND FINANCE related development so plz do suggest me some journals,books,and website so that it would be help to know more about it



Anonymous
20 January 2014 at 20:02

Construction

IF A BUILDER HAS FIXED PRICE IN ADVANCE & HE HAS RECIEVED ADVANCE FROM THE CLIENT & BUILDING IS COMPLETE BY 20 PC. SUDDENLY COST OF CEMENT GOES UP BY 3 times ,HOW TO DEAL WITH THIS SITUATION ?






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