Dear sir
Plz tell me the tax implication of introducing land as capital into the company and also implication as per companies act.

difference between NSE & BSE?

A company can list of their share on both stock exchange?

my friend have purchased a land & Building 10 years back, he have been collected as rental income from that building Rs 5 lakh and above in every year, but he had not paid income tax over the year and also not filed, but he have desire to pay for the complete year.

how can do it?

I am registered in IPCC Direct entry and my articleship starting 27/08/2013.
I have appearing in the exam may-2014

Respected Sir,Mai ek direct entry ipcc ka student Hu.Mera itt or OP Training complete hua hai. Muje ab firm choose karne ka hai so plz firm kaise choose kare iska muje Idea nahi hai. Mai account Subject me accha hu.plz muje Firm kaise choose karne ka soluation batao plz... As soon as possible....

plz advice where to fill partner's remuneration and printing n stationery exp in ITR-5 n will vat recivable in bal.sheet be shown in p&l account ?

we have formed one trust also have 12A Registration from income tax. one month ago we have conducted one exhibition in the name of trust while through this exhibition we have received rs 90 lakh as sponsorship income rs 20 lakh as stall rental income but we have not collected or paid service tax on that income

whether trust will covered under the mega exemption list?

i will expect from you detailed report on the above situation

I have a query regarding Income tax w.r.t Housing Loan and HRA
I own a flat in Bangalore and I am currently staying in the same flat with my parents.
I am paying around 3.5 lakhs towards Interest and 55k towards principle.

I know that

1) I am not eligible for HRA deduction
2) I am eligible for 1.5 lakhs interest exemption
3) under 80C, I am eligible for Principle payment

But my question here is

If I receive Rent from my father (since he is staying with me in the same flat), my house would become a Let-out property so that would I be able to claim the entire interest amount? But I will not claim any HRA exemption


Please advice, Thanks

Regards,
Guru

Dear Experts.,

I am a welding labour works concern proprietor.my yearly turnover is Rs.17,45,000.00 and then I am received house rental income yearly Rs.98,500.00.
My doubt is I am pay to service tax ? ? how ?

Wish u happy new year 2014.

A relative turns 18 years on February 3, 2014. Can he file IT Returns for the AY 2014-2015 (FY 2013-2014) as a major for the full financial year 2013-14 or only for the period 3/2/2014 to 31/3/2014?

Kindly advise if the income of the financial year 2013-2014 has to be split into two categories:
(1) the income that arises during the period upto 2/2/2014 when he was a minor and this income has to be clubbed with the income of the parent;
(2) the income that arises from 3/2/2014 to 31/3/2014 which will be his income as a resident individual (not to be clubbed with the income of the parent).

In the case of a person turning 60 even in February 2014, he will be considered a senior citizen for the full financial year 2013-2014. So, if a child becomes a “major” in February 2014, will he not be a “major” for the full financial year 2013-2014? In this case, there will be significant tax saving as clubbing provisions will not be applicable and the total income will be split into two – that of the parent and that of the son. I will appreciate your opinion alongwith a reference to the applicable section of the Income Tax Act.

Thanks.