After becoming a CA, can i appoint as a director in a pvt ltd company.
If yes, how many company will be appoint me as a director............?
Please satisfied me with Professional ethics law.
If a person paid Rs. 90000 as LIC and Don't have any income in previous year... How to File his return...
What is ECR category in Indian passport?
There is a question in this context as "Are you eligible for non-ECR category?(YES/NO)
What I am required to state?
Please reply ASAP
Regards
One person is working in a co. Bt he is not employee of co. (joined co. as a trainee or fresher ). Can company deduct tds for the payment made to that person?
If yes how he get refund of the same?
As his income is not cross the limit of 2 lakh,..
Kindly clarrify
Mr.X has sold a property worht Rs.35 lakhs and he has purchased a property worth Rs.36 lakhs in joint name (Mr.X and Mr.Y his son)
can Mr.X claim deduction u/s 54 in his IT Return.
Mr.Y (Mr.X Son) has not contributed anything, just bcs of the old age of Mr.X, he has jointed his name in agreement
If income has to be taxed under the head house property then one of the conditions is that the owner should not occupy the residential house property for carrying on his own business and profession,right? (I am not too sure about that)
so if he does use the residential house property to carry on his own business and profession,what happens to the income then??
And can anyone please guide me on how to study income tax. I have done 3 heads(house prop,sal,cap gain) but i still am not sure about how to approach the total income questions with so many points. how can i approach those questions?
Do we get extra marks for quoting the sections? and
Do we lose marks for not quoting the sections?
CA IPCC student.
Please help.
Sir,
The housing loan is sanctioned by LIC on
5th March 2013,
LIC has given the cheque of the loan amount in d name of MHADA to d assessee on
30th March, 2013.
But, the assessee has deposited the same in the MHADA A/c maintained by Axis Bank on
2nd April, 2013.
My Query is whether the loan should reflect in the Balance Sheet as on 31st March, 2013?
and from when the deduction u/s 80C for principal repayment of housing loan and u/s 24 for interest on housing loan begins?
Please help me in providing the circular in which the requirement of DSC is explained for return filinf. Moreover for salaried if income exceeds 10 lacs does DSC required for return filing?
I am indian national.I am working in dubai,UAE which is tax free country.now as per NRI norms, I became an NRI AS stayed for more than 182 days during a year.
I sends money to India from foreign currency to INR in Indian Bank every month .
Does Remmitance to India taxable?
If am I making FD on NRI status, is interet is taxable in India ?
Respected Sir,
One of my clients has won a MHADA Lottery.I want to know whether payments made to MHADA for purchase of a residential house property qualifies for deduction under sec 80C.
I referred to sec 80C(2)(xviii)(a) wherein it is stated that :
Sums paid in the previous year by the assessee for the purchase of a residential property, where such payments are made towards or by way of any instalment or part payment of the amount due under any self financing or other scheme of any development authority,housing board, engaged in construction and sale of house property on ownership basis,shall be deducted in computing the total income of the assessee.
Please guide me on this matter at your earliest.
Regards.
Urgent