how can a notice be issued in response to an unsigned and unverified return u/s 143(2) when a ROI is absolutely necessary for issuing notice u/s 143(2)?
Dear All,
I was working in India from 1st April 2013 to 31 October 2013 and earned salary income. I have now shifted to Dubai and working as a salaried employee in Dubai since November 2013.
I have withdrawn my balance in EPF Account for the current financial year (FY 2013-14) as well as the previous financial year (FY 2012-13).
I have invested around 1 lacs in LIC & PPF.
I have certain queries.
1. Can I avail deduction u/c. VIA of Rs. 1 lacs?
2. Is the EPF amount which is withdrawn taxable in my hand and to what extent (employee or / and employer's contribution).
3. At what rate should I convert my foreign earnings from November 2013 to March 2014?
I have transferred rs. 100000/ from my wifes account . what will be tax complications and any body kind enough to advise how this money to be shown for incometax purpose. I am a senior citizen.
FOR THE QUARTER JULY TO SEPT 12 WE HAVE PAID EXCESS AMOUNT OF SERVICE TAX AND HAVE ADJUSTED PART OF THIS AMOUNT IN HALF YEAR ENDED OCT 12 TO MARCH 13.
WE WANT TO KNOW HOW THIS ADJUSTMENT HAS TO BE SHOWN WHILE FILING ST 3 RETURNS FOR THE PERIOD JULY TO SEPT 12 AND OCT 12 TO MARCH 13 ?
Does excess leave in articleship extend our final examination attempt???
i am stressed because exam of may 2014 are near. my preparation is not so good for both groups.i am not confident to be passed till now although i have enough material to study!
From when i should start scanner? how much revision i need? how many hours a day i have to study to get good marks? I am studying from reference books at my coaching centre, so should i need to study from study material or practice manual.
Dear Experts
As per the provision the purchaser is required to give C Form if the billing by seller is done on 2% cst. If seller doesnt receive C Form then seller have will have to pay full tax to there state govt. My query is some times purchasers dont give C Forms intensionally or unintensionslly. What can be done in that case? Is it a clear cut lose to the seller of not full collection of tax or something can be done like govt departments where complaint can be lodged where purchaser is forced to give either C Forms or pay full tax as it is kind of a tax invasion & fraud of gettings goods at low tax rate of 2%, later not giving C Forms. Kindly guide with the same.
Thanks
Kuber
One Pvt. Ltd. company has enter into Finance Lease agreement for the purchase of machinery with another Pvt. Ltd. Co.
Major Terms of the Contract.
1. Lessee will pay principal & finance charges on monthly basis.
2. At the end of the lease period lessee will pay token amount to purchase the leased machinery.
Issue
1. What are the accounting treatment in the books of lessee.
2. Who can claim depreciation on the machinery.
3. Whether TDS to be deducted on finance charges or on full installment amount.
hey I want to know the exact procedure for transfer of articleship within a year of registration. kindly oblige
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Sec 140