Saikrupa Nalkur
19 December 2013 at 19:36

Purchase of flat from an nri

Hi,Facts of the case:
Im an Indian citizen and want to buy a flat at Bangalore from an NRI - green card holder residing at U.S. He wants to register this property through a power of attorney to his mother. In this connection i want to know:
(i) do i have to take any permission or approval from RBI or under the FEMA Act 1999 for remmitting the purchase consideration to his account?
(ii) What procedure seller- NRI has to follow while executing the power of attorney

Please help me !



Anonymous
19 December 2013 at 19:21

Itr 4s

I have income from contract for promotion and marketing of Mutual Fund, where tds deducted u/s 194C @ 1 %. For AY 2013-14.

Can I , as a individual file return u/s 44AD. by ITR 4S ? If yes, den which business catrgory should I select? I have also salary income which is bellow excempt limit.

Please, give a sutable reply.



Anonymous
19 December 2013 at 19:18

Itr 4s

I have income from contract for promotion and marketing of Mutual Fund, where tds deducted u/s 194C @ 1 %. For AY 2013-14.

Can I , as a individual file return u/s 44AD. by ITR 4S ? If yes, den which business catrgory should I select? I have also salary income which is bellow excempt limit.

Please, give a sutable reply.


DEVENDER THAKUR
19 December 2013 at 19:15

Investment

If a Partnership Firm not dealing in gold business want to purchase gold for investment purpose,is it possible or there is any problem according to law. Please guide me.



Anonymous
19 December 2013 at 19:03

Big 4 info..

Can anybody tell me if BIG 4 Companies take in articles who have passed in First attempt only.? I am a IPCC student who could not pass my exams in first attempt. Plz advice.


Y M Doshi
19 December 2013 at 19:00

Payment of service tax under vces

Dear Sir,

Our one of the client had declared the Service Tax liability under VCES.

He has paid his 100% liability under the VCES, now we want to communicate the details of payment of taxes to the department/designated authority.

Is there any specific format for filing the declaration under the scheme or a simple intimation letter will do.

Pl. guide.

Thanks.


RISHI GOYAL
19 December 2013 at 18:57

1st agm of producer company

A Producer Company was incorporated in the month of October 2013 and we have to file Form 20b within 90 days of Incorporation to record 1st Annual General Meeting, Plz tell me about the date of Financial Year Ended to which AGM relates????


ABDUL KHALIQ
19 December 2013 at 18:56

Excess payment of tds

We hv remitted excess TDS u/s 192b to itd this month. How acct it in quarterly return as this is quarter end and we hv to file the return in jan.2014. Can we claim refund of the amount or we can short remit the same next month? if yes kindly letme know how to acct it in quarterly return. kindly solve my query please.



Anonymous
19 December 2013 at 18:46

Amendment in registration

Respected all experts

new re-rolling mill start verry soon and production item is angel channel. so my problem is registrarion trarrif is ctd bars round bars and etc.. and angel channel tarrif other and few time lettar we wiil start round and ctd bars but at a time we will start angel so what can i do??? in excise registration ??? please help me and my english is verry bad sorry



DEEPAK NIGAM
19 December 2013 at 18:46

Construction firm accounting

If a construction firm get total work order of Rs 50 lakh but work completed at the end of fy is of Rs 42 Lakh then what would be receipt for said financial year Rs 50 lakh or Rs 42 Lakh






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