Sunil
05 January 2014 at 16:10

Costing & fm

how to prepare for costing & f m for pce .please suggest some good books. i have heard about problems & solutions on costing ,pls guide me.


Dilip Gowari
05 January 2014 at 16:07

Rebate u/s. 87a

In salary cases rebate of Rs. 2000 u/s.87A is admissible after addition of edu. cess or before addition of education cess to income tax.



Anonymous
05 January 2014 at 15:47

Etds error

hi sir

i want to delete some rows in etds return which rows not related to that quarter so i want to delete but current version not deleted so i am update that row by putting zeros in amount and tds fields.

by doing above one erroe came. ie."T-FV-4320 Invalid Value - Allowed values are 'A', 'B', 'S', 'Y', 'T' & 'Z'."

plz help me

thanks in advance



Nilay rao
05 January 2014 at 14:03

Career

hi...i would like to know which course is better for girls, ICWA or CS..please suggest me..so that i can assist one of my friend...



Anonymous

I have to file a income tax return for A.Yr 2013-14 of a recreation club.The club is not registered u/s 12(a) of the Income Tax Act.
In the return form at Part A General Section,under the heading RETURN FURNISHED UNDER SECTION : there are 4 options viz.
{1)1394A , (II)1394B , (III)1394C AND
(IV)1394D. Out of this one is to be selected.Kindly suggest which option is to selected.


SAGAR
05 January 2014 at 13:40

Article ship experience

hi.. pls guide me... I'm not able to get experience with my current principal bcoz they don't hav work. at this situation what can I do?? can I work with any other CA firm for experience. now I'm in 2nd year of article ship.


Sahil Agrawal
05 January 2014 at 13:01

Capital gain

Dear All,
I have a NRI Client living in USA, They acquired a property in india by paying application money to developer of property and as per agreement developer developed the property 3 years from the date of allotment letter (09/10/2007) and consider as deemed that of acquisition/constructed (i.e 8/10/2010) but due to some uncontrollable situation construction of property is completed near about 3 years from the deemed date of construction/acquisition,(16/10/2013)which also mentioned in agreement paper that there may be delay in the construction which is beyond the control of developer.

Now the question is he sale the property one of resident assessee,so for the purpose of computing capital gain which date shall be take in to consideration for date of acquisition / Period of Holding.

Whether it is short-term capital gain or Long term Capital Gain.

What about the tax rate?


Manoj Prasad
05 January 2014 at 12:44

Telephone exp - itr2

I AM A SALARIED PERSON AND I HAVE PAID TELEPHONE EXP ABOUT RS.5600/- BY CHEQUE
FOR POST PAID CONNECTION...

NOW PLEASE ADVICE ME WHERE SHOULD I SHOW/CLAIM ? THIS TELEPHONE EXPIN ITR-2

REGARDS...


Mani Lakshman
05 January 2014 at 12:39

Goodwill

Dear Sir,

I have client who is selling their business, and their last year profit is around Rs 10 lakhs

How should i calculate the goodwill.

What is the rate of the tax should they pay.

is there any exemption where they can invest in.


narendra
05 January 2014 at 12:39

Ltcg

one of the lady aged 80 years sold property worth rs 60 lack anf received the amount after getting tds deduction of 1%.The property was sold on nov 2013. Unfortunately lady died after a month and as per will of the lady the cash is to be distributed among her son and daughter. what will be tax consequences for such transaction.How could we save LTCG.






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