Two persons wanting to incorporate a private limited company gave their CA, Rs. 1 lakh each by cheque in the CA Firm's name for Incorporation expenses. The company was incorporated with total ROC expenses of Rs 1.5 lakhs.

What should the CA Firm do with rest Rs. 50000.Should it withdraw it and give it to two directors or make cheque in the name of Company? What entry should the two directors make in their personal books of accounts and in the books of newly incorporated company for Rs. 2 lakhs paid, since they have subscribed shares of Rs. 1 lakh each?

Respected Sir,
If a House Building is in the name of Husband and wife(Co-Owned), and the House Building Loan is in the name of Husband only, who shall enjoy the benefit of u/s 24 (b)interest on borrowed capital, both of them or single person. As well as the income from the said building can be divided into both of them or single.

hey can i do cs excutive along with ipcc .....do i hav to submit any form

i have got self lease of my house i.e employer is paying rent to me for my house.i am not drawing HRA. what is treatment of self lease for the purpose of income tax,whether i have to show income from house property only or i have to show income from house property and perquisites for rent free accommodation both.

Can 3 month gap between date of commencement of article ship and date of deed execution is acctable?

Dear sir

I want to know that one of my client has not filled ST 3 for f/y 2012-13.The maximum penalty is Rs.20000.

my question is this penalty is for each quarter ST3 or only one time

if salaried person paid rent to his parents so its be exempt from his income or not... the person not getting hra in his salary (hole amount taken as a part of salary )
pls help in this regart

Hello, I want to know if Company law 2013 is applicable for Nov 2014 ipcc attempt.. Thanks..

I have submitted my articleship form after 3 months...now i have to give a condonation letter.....please tell me some reason i can give for late submission of form

Dear sir ,
I have started my article ship on 28 /03/2013 . Then , i took transfer after completing 4 months ( On 30/07/2013 ) & join another firm on 07/10/2013 . Could I eligible for Nov. 2015 attempt as i have started my article ship before 30/04/2013 ( Which was required to do so for Nov 15 attempt ) or not as i will not be able to complete 2.5 yr because of 2 months gap ??