Anonymous
16 August 2013 at 17:57

Ignou degree on clearing ipcc

hi frends
i completed my ipcc in may 2013.but i cant pursue b.com in regular in parlel.what is the procedure in getting b.com degree from ignou(distance) on clearing ipcc.
only with dat ignou distance degree nd ca can i go for employment in industry.recently i heard dat some companies are not recuting the candidates though ca passed with out post graduation in regullar .is it correct or distance degree which is avilable on clearing ipcc is enough
pls rply me


Ankit Bubna
16 August 2013 at 17:47

Interest free loan to a pvt ltd co.

My client has given a interest free loan from its proprietor-ship & from its partner-ship firm to a Pvt Ltd Co. which is also owned by her.
There is a closing balance of Rs. 6 lacs and Rs. 16 lacs in proprietor-ship & partner-ship firm respectively.
My query:
1) Whether notional interest needs to be charged for the proprietor-ship & partner-ship firms under IT Act?
2) Whether a pvt ltd co. is allowed to take interest free loans under companies act 2012?


Sagar R Baheti
16 August 2013 at 17:42

Physical form of ipcc nov 2013 exam

Dear Sir,
Can I see the physical form for Nov 2013 IPCC exam on Insitute site or elsewhere? Please suggest me because for claiming the exemption got in Nov 2011 not any place in online form for claiming such exemption because in online form exemption month & year already printed.



Anonymous

HOW TO IDENTIFY DIN NO. OF ANY DIRECTOR BY HIS NAME OR OTHER MEANS ?
WHETHER A C.A. MEMBER CAN VIEW IT ?


ashok kumar
16 August 2013 at 17:36

Querry from income tax officer

sir, i have receive a non statutory query from income tax officer regarding cash deposit of rs 1360400 in a saving account for the financial year 2011-12
as my income is not taxable i have not filed any income tax return,nor i have maintained any books of account for the business whose turnover is less than 40 lacks.
cash deposited to saving account is sales from a business & i have made payment to vendor through cheques from my saving account.
kindly advice what step i have to take regarding this.


ashok kumar
16 August 2013 at 17:30

Querry from income tax officer

sir, i have receive a non statutory query from income tax officer regarding cash deposit of rs 1360400 in a saving account for the financial year 2011-12
as my income is not taxable i have not filed any income tax return,nor i have maintained any books of account for the business whose turnover is less than 40 lacks.
cash deposited to saving account is sales from a business & i have made payment to vendor through cheques from my saving account.
kindly advice what step i have to take regarding this.



Anonymous
16 August 2013 at 17:29

Regarding 109

My ca(principal) is not signing 109.
I have joined articles just 2 months back.Due to some health reasons I need to go out of state for more than four months.
I am shocked with his response.
Above all he is telling _go n tell Institute.I wont sign.

Can he do so?Is there any solution for me?Am I bound with him for three years?



Anonymous
16 August 2013 at 17:29

Ca partnership

Dear sir

I am practicing ca.and my firm is registered with icai.
Now i want to join a partnership with another ca firm.So i want to know whether should i Hv to close my own firm registered with icai,
plz suggest


sunil
16 August 2013 at 17:25

Tds query

Dear Sir,

In our company one employees annual salary is 1733822 ( Basic-594996, HRA-237996, TA-9600, M.R.15000, LTA-39996, SPECIAL ALL-36000, OTHER ALL-800234.)

AND HE IS PAID RENT FROM JULY ON WARDS 13,333/- TOTAL 120000.00 (13,333*9)

Request to you please confirm me how much House rent we can exempt from July or total annual.



Anonymous
16 August 2013 at 17:24

Hra and conveyance allowance

Form 16 shows the total amount paid to us. but when we are filling the IT return where do we show the deductions of HRA, Professional tax and conveyance allowance ? Can we deduct these amount from total salary and show the net amount in IT return?






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query