Dipak singh Bartwal
29 December 2013 at 14:16

Vces

can any one help me regarding vces . when an assessee can apply for vces and what r its requirement and formalities.


Rohit Aggarwal

Hello Experts A client of ours shifted his factory from a location to another wjthin the same state. It incurred heavy shifting expenses. Also, all the machinery were dismantled from existing place and reinstalled at new place. My ques is whether these Shifting, Dismantling and Reinstallation expenses for machinery will be capitalised or not. Kindly refer to a case or section with your valuable opinions. Thanks in advance. Rohit


DEVINDER SINGH THAKUR
29 December 2013 at 13:46

Companies act 2013

is companies act 2013 applicable or its partially applicable on companies?



Anonymous

can anyone send me a link for sample resumes for transfer?
what should be written in cv while changing firm



Anonymous

Late Filing or Non filing of TDS Statement invite 2 penal consequence as the finance bill 2012-13 has given 2 New provisions. since many govt department are not aware of non filing or late filling penalty.I have 2 questions :
1) there are how many department have either late filled or not filled TDS last year i.e 2012-2013? and

2)in the beginning how should they cope with this new provisions of penalty?


Rahul Jain

A Partnership firm is engaged in Construction of a residential and commercial units.The 2 partners of the firm wants distribution of unsold flats and commercial shops between themselves.So should the partners transfer the properties in their individual names or keep it in Firm's name and take money as and when it is sold.

What will be the effect in firm's books and individual partner's books of account?

What will be the Tax Liability?



Anonymous
29 December 2013 at 12:29

Member in practice (ca)

I am Chartered Accountant in Practice & have got my firm registered before one year. Now I wish to Join an another CA firm on full time partnership basis. What I need to Do? Whether to discontinue existing firm or can continue it without doing any attestation work in its name.


CA KARAN MAINI
29 December 2013 at 12:25

Carry forward & set off of lossess

Is AO bound to allow the loss under sec. 72 loss under the head pgbp even if it is not claimed by assessee in return? I think no only loss under the head income from house property and unabsorbed dep. and can be allowed even if these are not claimed in itr . frnds reply me as soons as possible. Thanks in advance



Anonymous
29 December 2013 at 12:21

Query on part a of form 16 for fy 12-13

Our organisation did not upload TDS return in Q4 of FY 12-13 i.e 24Q and 26Q since the organisation did not have any TDS liability in Q4 and since NIL TDS returns cannot be uploaded any longer..

In Q1, Q2 & Q3 for FY 12-13, the organisation had deducted TDS for only one employee and uploaded quarterly Form 24Q in respect of TDS deducted for that employee.

This employee had left the organisation after Q3 and was un traceable thereafter. However, he is now asking for a Form 16.

The organisation had no other employee on payroll for Q4 of FY 12-13.

Since Part A of Form 16 can only be generated from TRACES only when a Q4 TDS return has been uploaded, and no such return was uploaded by the organisaiton -

1. How can we issue Part A of Form 16 to this employee?
2. Should we issue only Part B in this case since same can be issued manually

Could an expert please reply urgently since we need to issue Form 16 urgently



Anonymous
29 December 2013 at 12:15

Poba

sec 20 of POBA says that generally POBA is not applicable to public sector enterprises but if
public sector enterprises sells any goods manufactured by it or renders any services in competition with establishment in private sector
AND
the gross income from such sale is atleast 20% of total income of public sector enterprise for that year.
then the act shall apply..
WHAT DO WE MEAN BY GROSS INCOME?
THANK YOU






CCI Pro



Answer Query