suyash jain
19 January 2014 at 02:24

Actuary course

sir, i m a CA final student & my attempt is nov, 14. I' m interested in actuary course. what is the minimum duration of this course n should i have to start actuary course along with CA exams.


bhavya
19 January 2014 at 00:02

Articleship

hey guys plz help me I have been selected for articleship at deloitte in stat audit. i have also been selectd in a middle firm named Singh and Gerewal where i would get exposure of both tax and audit now m confused which firm should i choose? both firms have pros and cons in itself. Plz advice me experts


Rag229
18 January 2014 at 22:31

Ca final nov 13 result

sir i gave ca final exam in nov 13 and i got cost=23 ISCA =27 DT=38 and IDT=31 but sir as per my view i should get more than 50 marks especially in ISCA and IDT so sir should i go for getting certified copy or i should apply for verification of answer sheets total and sir if i apply for certified copy than should i apply for verification also..


anant

Dear Sir,
Sole proprietor commenced his apartment construction business in FY 2010-11. It had receipts of below 40 lacs in FY 2010-11. It had receipts of 42 lacs in 2011-12. However ,out of ignorance, it obtained service tax registration only in Sep,2011(FY2011-12) and demanded and received service tax from its purchasers and paid ST on all the payments ie Rs 82 lac made by flat purchasers till the date of service tax registration including those made in FY2010-11. But due to the mistake of the service tax consultant the entire payment/receipts was shown as having been received in one Quarter only in S T Returns. And to add to the woes of the assesse proprietor the S T return was not even revised by his consultant.Also due to this mistake presumptive return u/s 44AD also could not be filed of AY 2011-12 and AY 2012-13.
The proprietor died in Aug 2012 and the business was succeeded by his middle son as per mutual agreement between his three sons. Since the service tax registration is given premise wise therefore the son did not obtain a fresh ST registration rather continued paying the ST on the ST code of his deceased proprietor father.The project was completed in march 2013.
All along the CA was doing accounting work on the basis of COMPLETION ACCOUNTING METHGOD. But unfortunately the original proprietor died in Aug 2012.
MY QUESTION IS
CAN THE SUCCESSOR PROPRIETOR FILE HIS INCOME TAX RETURN FOR THE ENTIRE PROJECT AS PER COMPLETION ACCOUNTING METHOD AS NO OTHER OPTION IS LEFT?EVEN THE ASSESSEE'S CA IS CONFUSED.

PLEASE GUIDE.I
THANKS IN ADVANCE


Prakash Prajapat

hi experts please help me regarding this problem facing my Client.
A and B Are two brother sells a land for a compensation RS 6500000. and there for they purchase a land in Rs 6200000 and registry of land made in the name of A and B Sons.
and payment settled in cash basis.

in this transaction income tax department issue a query letter regarding this payment.

my question is "how to handle this situation and what will do i reply to query letter.

A and B Sons Have not PAN.


Karthikeyan S
18 January 2014 at 21:53

Pan card related to women applicant

Sir, I applied pan Card for my mother name

Name: S Maheswari
Father's Name : G Arumugam
Husband's Name : D. Somasundaram.

In pan card application it states, even married they should mentioned there father's name.

When i received the Pan card, Name appears correctly as
"Maheswari S", below that name, second line name appears as "Arumugam Somasundaram" instead of "Maheswari Somasundaram".

For women applicant does the second line name appears like this(fathers name and husband name) are they incorrectly printed. Assist as.



Anonymous
18 January 2014 at 21:34

Non submission of documents


An Employee do not produce to his EMPLOYER any document from begining of the FY i.e. APRIL,2013 but only produce a statment that I will save in TAX Saving Instruments like LIC,MEDICLAIM,HRA,TRANSPORT ALLOWANCE etc hence do not deduct any Income Tax from my Salary. Accordingly Employer does not deduct TDS from his/her salary in FY 13-14 till Mar,2014. The employee also do not produce any document to employer for deduction/exemptions from his salary. What is the responsibility of EMPLOYER not to deduct till Mar,2014 assuming that he/she must have saved. Also he/she do not demand TDS Certificate. Whether Employer will be penalised when scrutiny by IT Authorities,if no saving done. Without any TDS Certficate from Employer,if Employee files IT Return also log all savings of his own in the NSDL site and claim that his/her taxable income is below Rs 2.00 lakhs. In this case,there is NO responsibility of EMPLOYER under INCOME TAX ACT. Will Employer will be penalised,since no TDS certificate from EMPLOYER to EMPLOYEE


RAHUL KUMAR

can any one help me,

Q: Is condition of qpplication of income u/s 11(1)(d) is applicable to the institutions covered u/s 10(23)(c)(iiiad) or (iiiae)?
plz plz reply


Dilip roy
18 January 2014 at 21:13

Short term capital gain

I am planning to sell a flat purchased 2 year back,just want to know how is the capital gain tax will be calculated and how can i save the taxes?



Anonymous
18 January 2014 at 21:08

Cpt

i have passed cpt of dec 2013 and pursuing degree final year , i wanted to ask that can i write nov 2014 ipcc exams and simultaneously join article ship after my final year exams.






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