ramesh babu
04 January 2014 at 10:18

Articleship

sir please tell me how to get the information about vacancies in firms at Bangalore or Chennai to joining articleship.



Anonymous
04 January 2014 at 09:29

44ad

Dear sir,

A business person made turnover for last financial year of RS.59 lakh of sales and purchase of Rs.63lakh. Now he can file his ITR return under section 44AD (balance sheet to be upload or not) please give suggestion.


MOHD MOSHAHID
04 January 2014 at 08:06

Eligibility for net exam

ca is eligible for national eligibility test or net exam conducted by UGC without post graduate degree


mohit shyam sharma
04 January 2014 at 04:57

Notice

could you please specify the amount of penalty under sec 133 (6) of income tax act



Anonymous
04 January 2014 at 00:24

No document of agreement to sell

res sirs,
Received Rs 7.5 lacs in cash as advance for agricultural land sale to a close friend on oral understanding in 2011. No agreement for sale executed. Cash deposited in bank a/c. Circle rates have increased 12 times in 2 years and my friend got registered only one forth land area due to high registration cost.My other income is below exemption limit so I didn't file my returns for 2011-12.Have received a no filers notice few days back wherein information regarding deposit of 7.5 lac has been referred to.MY QUESTION IS
AS AGR LAND IS NOT AN ASSET NO CAPITAL GAINS IS THERE.BUT RS 7.5 LAC DEPOSIT HAS TO BE EXPLAINED TO THE IT DEPT. IN VIEW OF NOTICE.BUT I DONT HAVE ANY WRITTEN SALE AGREEMENT ONLY REGISTERED SALE DEED OF PART OF LAND SOLD FOR 3 LACS IN DEED.WHAT TO DO NOW.WILL THE DEPT ACCEPT MY EXPLANATION FOR SOURCE OF INCOME? IF NOT WILL THEY LEVY 30% TAX? please advise very soon



Anonymous
03 January 2014 at 23:59

Various segments available

i want to what are all the various things a CA practices, like; internal audit, direct tax, indirect tax etc...


Bhupinder Singh
03 January 2014 at 23:17

Foreign remmitences

i have a evault online account where i upload funds from my credit cards in usd and when i withdraw money from my that evalit account i got money back in my bank account as foreign inward remmitences.
and some times i have lend money to my friends which i get back as money in my evlet account which again came back in my bank account As foreign reemmitences
question 1. i didnt earn a single penny from such trnsactions its all my money only lended or uploaded in evalut and coming back to my account as foreign remmitance the amount of such transaction is 10 lac around in financial year since i m working coporate where i get form 16 from employer is this money i have to show sepratly and pay taxes?.
question 2 if yes why as its my money only revolving and not generating a new income if it is taxed it mean double tax on same income ?
your response will be much appriciated


Amjad Hussain
03 January 2014 at 22:55

Sale tax saving

Dear Sir,
We are a export company exporting paper product.
We buy our product from local manufacturers who are not reg.as EOU.How can we bypass sale tax and other taxes on raw metirial used for making our product so as to bring down the cost to compete in international market.We give H form to our suppliers.
Please advise.

Rgds
Amjad Hussain.
ASHAR IMPEX.


G.narendra
03 January 2014 at 22:54

How to manage work & study

Dear Sir, Please give me a suggestion to manage Article period & CA Final Exam May 14 preparation for effective Study Plan. For Self Study.


mohit bhawnani
03 January 2014 at 22:45

Icai or icwai

I am the student of class 12lth iam in tension between ca &icwai
plz give me rit advice..
god bless uu.






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