neerja
31 July 2013 at 17:51

Children fee reimbursement

I got children fee reimbursement for my two children @rs 1250/- pm, amounting to rs 30000/- from govt. being govt. employee. Is this amount taxable?


Nitesh Dwivedi

Dear all,
I want to start M.T in a company and they are asking for a sponsorship letter for the same..plsss help me and let me know from where i will get the same..
Regards



Anonymous
31 July 2013 at 17:48

Direct entry scheme for ipcc student

Dear Experts,

I cannot clear my IPCC in 2 attempt and i want to convert myself in Direct Entry Scheme.

but i have confusion as i have 49 % in B.com & 60% in PGDM (Finance).

So can i register myself in Direct entry scheme on the basis of Post Graduation,my ITT & OC has been already completed.
So please guide me asap



Anonymous
31 July 2013 at 17:27

Ipcc conversion

I appeared CA IPCC in Nov-12 & May -13, I also completed my ITT training, I got Exemption in Paper -1 (Nov-12) previously i converted PE-II course in IPCC, I got 58% in Bcom (2004), can i convert IPCC into direct entry scheme to start article ship. kindly confirm, if yes what is the procedure for same
my email id: veerendrashukla@yahoo.com



Anonymous
31 July 2013 at 17:20

Vat input credit

Dear sir,
Please note that we are the manufacturers of T shirts.Recently we have purchased yarn from Tirupur Tamil nadu.They have charged VAT 5% and the same materialsent to our factory at Tirupur Tamil Nadu.The payment is being made at our Head office in Mumbai.In this transaction can we take the VAT of Tamil nadu as our input credit while filing the S.T.Return in Mumbai.
Please reply back at the earleist.


SUDARSHAN
31 July 2013 at 17:20

Unsecured loan accounts

Unsecured Loans 5 lakh only opening balance and no fresh accpetance or repayment during the year hence closing balance also same as 5 Lakh

Interest on this is paid at 5000 per month in cash by debit to interest account in Profit and loss account every month yearly 60000,

Interest is paid in cash every month without passing any journal entry in loan account ,direct interest account is debited for amount of interest paid monthly

Now when doing 44AB Audit for traders following accrual basis of accounting is this correct or it involves voilations of any provision of income tax act or any provison

Do we have to report this anywhere ?


Dinesh Arya
31 July 2013 at 17:19

Itr v

in my office my client's A/c in Ahmedabad District Co-op Bank(ADC) CTM Char Rasta A'bad

In the return of AY 2013-14 IFSC Code is mandatory & this bank has no IFSC code so i can't upload my return electronically.
What to do ??????


Patel Bhadresh
31 July 2013 at 17:18

Filling of itr

Assesse is labour Contractor. He was being paid amount after deducting TDS u/s 194C.
His Total Income Doesnot cross the tax limit. He want to take refund of his tax deducted. Which ITR he should file to take efund ?



Anonymous

dear experts

we have appointed an additional director in march 2013.our company is a private company and the company want to gave salary to the director.
i am confused in which section it would be given and how much can be allowed to give.

please help me



Anonymous
31 July 2013 at 17:15

Confused

today my result was announced of grp 2 and the result was pathetic in 3rd attempt too god knw how to do n wht do for pssing ipcc..
dis was my 3rd attempt of ipcc n in 2nd attempt dat was in nov 12 i cleared my grp1 n my grp2 mrks were 117 due to which i didnt joined my articleeship to concentrate on my grp2 still i just scored 76 mrks i littrally fed i dont knw wht to study knw n i hav already started my articleship now can any1 plz help me out wid wht can i do plzzzzzzzzzzzzzzzzzzzz........






CCI Pro

Follow us
add to google news


Answer Query

Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details