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yuvak
17 September 2013 at 23:44

Business income vs house property

Dear Experts,

A Partnership Firm in existance since 1981 has factory premises to conduct its business. During last couple of years, due to economic downturn and competition, the Firm has not received orders and hence the partners decided to 'let out' the factory premises.

During the year, only 'Leave and License fees' where earned plus interest on FD of the Firm.

What will be the head of income iro 'Leave and License fees'?

Thanks in advance...


Manjunath S
17 September 2013 at 23:15

Internal audit sampling

Hi, can you please guide me in drafting the internal audit sampling methodology for call center industry?


Raghav
17 September 2013 at 22:48

Forex exchg margin buyng n sellng

Margin of bank for forex tranj. Let 8% on buyng n 10% on sellng ...
Customr wnt to sell $ to bank so 1st of all bank enter into cover tranj with marlet let 1$=60 n then cot rate for customr by deductng margin .....
So my Q is which margin rate shall be apply on 60..
Means bank ki margin rate kese lgti h.... Buyng kb lgti h n sellng kb??
Plz aap CONCEPT btana formula nhi....


Dharmendra Kumar Thakur
17 September 2013 at 22:29

Reg p&l as well as balance sheet

Please tell me what are the points to be noted while preparing Profit & Loss A/c as well as Balance Sheet.

Regds,



Anonymous
17 September 2013 at 22:22

Quarry regarding partners remuneration

Dear sir

please help me on the simple topic of distributing the remuneration to the partner. I just know that there is change in the slabs for calculating the allowable remuneration but the problem is that i don't know how to provide the remuneration.

please help me september is going on.....



Anonymous
17 September 2013 at 22:22

Doubts in relation with form 102

Respected Sir, I am in my second year of articleship. I have taken transfer from my first firm as on 30-April-2013(till then i had completed 20 months of articleship in my first firm) & got approval from the Institute. I had started my second term of articleship in another firm as on 1-May-2013. Yet, I have not re registered for the second time as I was waiting for the institute's approval. Two days ago in written I have received the approval from the honorary Institute. But I am worried what I would do if they asked for the xerox copy of Form 102.

Kindly give your response in the below mentioned e-mail id.

My e-mail id is- som.sam13@gmail.com


yuvak

Dear Experts,

An individual sold his self use residential property and invested the entire sale consideration to immediately buy another self use residential property. Under common sense understanding of not gaining any monetary benefits from the transaction (ie no surplus saved/ gained), he failed to report the transaction in his ITR.

As the case has been selected for scrutiny assessment, what can be the likely implications (time limit for revised return is over).

Thanks in advance



Anonymous
17 September 2013 at 21:27

How can get tin no

Dear Sir/mam
I want to get TIN No. how can I get? which department can give me TIN No? where I can apply? what is requirements of document. what is taking time?

Kindly Please guide me.

Thanks
S.P.Keshri
Raipur
Chhattisgarh



Anonymous
17 September 2013 at 21:13

Section 301

if a pvt. ltd. company take a loan from Director but not maintain register under section 301.wrong or right. pls reply me.



Anonymous
17 September 2013 at 21:12

Intimation to icai regarding other course

I have completed my articleship 5-6 months ago. I want to pursue CFP along with CA. Do I need to notify ICAI regarding the same? Do I have to submit form 112 or any other form regarding the same? The course is an external(self-study)course & I am not going to attend any classes for the same.






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