Anonymous
16 August 2013 at 08:27

Articleship exemption of cs

i am cs final student,passed my 2 groups and result for other two groups is awaited,i have worked as executive in a manufacturing concern for 3 years,having a paid up share capital of 30 lac rs.can i claim exemption in articelship of comapny secretary on this basis



Anonymous

Dear Sir,
I have paid Rs.50000/- to an Insurance Company on 20th March, 2013 to take out a Life Insurance Policy so that i can claim deduction u/s. 80C in FY-2012-2013. They have provided me a deposit receipt stating therein that the amount is eligible for deduction u/s. 80C & the policy which they provided later on confirms that part too. But the problem is that the effective policy date as per policy documents is 24th April, 2013. I want to know whether i am eligible to take deduction u/s. 80C in FY-2012-13 i.e. in the year in which i have paid the initial deposit or in FY-2013-14 since the policy comes into existence in this Financial Year only?


VAISU
16 August 2013 at 01:56

Articleship timings..

can anyone tell traveling tym to go for
audit shall b considered as articleship
working tym . .. ? means can travelling tym
is considered as articleship tymings. . ? wht
if d traveling tym takes daily 2 hours for
reaching d destination nd 2 hours to
come back home. .plz reply as soon as
possible. . my mailid is vaisuoza 2009 @
gmail. com u cn reply me on tat also ..


DEBABRATA
16 August 2013 at 00:58

Tax audit

Sir ,

1) Can filed Income tax Return u/s 44AB after due date 30/09/2013 ?

2) It is mandatory to Make " ADD CA " Option within 30/09/2013 ?

Please help me .



Mohit Nehra
16 August 2013 at 00:52

Exemption useful in next exam

I have cleared My IPCC grup 1 this may 2013 with exemption in accounts with 69 marks.I have to fill exam form for grup 2 nov 13.I want to know if this exemption is useful for next exams and should I mention it in my exam form?
Thanks



Anonymous

Mr. Madhur submits the following information for previous year 2012-13 relevant to the assessment year
2013-14:

1. Profit from Business A situated in Delhi 2,50,000
2. Profit from Business B situated in Bombay 80,000
3. Loss from Business C carried in New York (the business is controlled from India
but profits are not received in India) 40,000
4. Unabsorbed depreciation of business C 35,000
5. Income from house property situated in India 15,000
6. Income from house property situated in London (rent received in London) 20,000

Find out the Gross Total Income of Madhur for the Assessment Year 2013-14.


rajeev
15 August 2013 at 23:24

Purchase of flat

My first question is that somebody purchasing a flat for amount Rs. 90 lakhs. (Market Value)
But the actual value of that flats, as per circle rate Rs. 10 Lakhs, after approaching the seller, seller is agree to sale the flat on paper double the circle rate i.e. 20 Lakhs.
Know the question is that buyer is purchasing the flat @ Rs. 20 lakhs as a white (through cheque) and rest of the amount Rs. 70 lakhs as a Cash.
But, the problem is that the buyer has all amounts in Bank as a white. If buyer withdraws the entire amount as cash from Bank Rs. 70 lakhs. Can Income tax department ask, where is that money use. If they ask what is the solutions.
As per the present market without Black no body can purcahse the flats in white. Can they say we are giving the amount to individual as a Cash.


rajeev
15 August 2013 at 23:13

Agricultural land sale

My grandfather agricultural land is acquired by State Government.
My first question whether income on sale of agricultural land is taxable or not?
My second question my grandfather fix this amount to F.D., whether interest on F.D. is taxable or not?



Anonymous

I would like to confirm the accounting period on which the supplementary deed is executed on 22.02.2013 as per the below clause Incorporated in registered firm?
The Partners shall be entitled to modify the above terms relating to remuneration, interest etc, payable to the partners by executing a supplementary deed and any such deed when executed shall have effect, unless otherwise provided from the first day of the accounting period in which such supplementary deed is executed ad the sane shall form part of this deed of partnership.



Anonymous

New Notification jo 1 june 2013 se apply hui hai, is sambandh me ki yadi 50 lakh se adhik ki koi property yadi purchase karte hai to buyer ko 1 % TDS katna hai,

Par yadi TDS katate hai to TAN No. & TDS Return ki responsibility bhi aa jaegi.

par meri adhuri jankari ke anushar sayad TAN no. se chhut di gai hai,

par mera Question ye hai jo TDS kata hai use GOvt. Of India ke paas Deposit kaise kare, or TDS Certificate Kaise Issu kare, Jisse ki Seller TDS Claim kar sake.





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