salim shaikh
04 July 2013 at 16:25

Capital gain

I have sold house(long term capital).
thereafter i purchasr agriculture land in the same financial year.

my quesion is that will i get any exemption or deductio in this case.....?


Ashok Kumar Singh

The employees are eligible to draw Rs.1000/- PM towards internet expenses since they work from home due to odd hours even though the broad band connection works out to Rs.1,500/-. From audit point of view, whether it is mandatory whether the connectivity should be in the name of the employee. Suppose the employee uses the home connection which is in the name of family members, whether he is not eligible to avail the reimbursement. Here in this case only whole broad band bill is not reimbursed and only a part of it. This is like reimbursement of TA and DA. Some times actual receipts are submitted and if actual receipt is not there, certain amount is paid without actual receipt. How to convince the auditor that the receipt in the name of the family member is genuine with the address as per HR records, one to be reimbursed?



Anonymous
04 July 2013 at 16:14

Depreciation rates

sir,Madam,
what is the depreciation rates as per comapanies act?
1.Computers
2.Scooter
3.Mobile

Please tell me.

Thank's

P.Rajasekhar



Anonymous
04 July 2013 at 16:07

Rent a cab

SERVICE PROVIDER RISED THE BILL AS FOLLOWS
RENT ON CAB =20000
AND PARKING CHARGES=150
ON WHICH AMOUNT I HAVE TO PAY SERVICE TAX..... IMAEN ONLY ON RENT FOR CAB OR INCLUDING PARKING CHARGES PLS CLARIFY MY DOUBT.............


NAVEEN RATHI
04 July 2013 at 15:57

Itr

A person has salary and commodity profit both. In which ITR form these both needs to be shown.

Also in the new ITR form where to show the commodity profit i.e. speculation profit.


Manoj Aggarwal
04 July 2013 at 15:51

Cenvat on capital goods

R/sir,
if machinery purchase for the year 2012-2013 as below-
1. as on 2/5/2012 machinery is Rs. 50000 and duty is rs 6000+120+60 then can claim full cenvat or not in this year?

2. as on 14-3-2013 machine is rs. 10 lac and duty is rs. 120000+2400+1200 then cenvat can claim full in this year or not.


Somenath Sen
04 July 2013 at 15:46

Service tax accounting

in case of unregistered service provider, a company need to pay service tax on the basis of 12.36% of (25% of invoice value), but to provide for the liability in book what entry to be pass?



Anonymous
04 July 2013 at 15:35

Ca final attmept

SIR, I REGISTERED MY ARTICLESHIP SEPTMBER 12, SO WHAT IS MY CA FINAL ATTMEPT ?????


nitin
04 July 2013 at 15:34

Service tax- reverse charge

if manpower supplier charges in his bill service tax 12.36% insted of 3.09%. what is receivers liability. should receiver pay service tax 9.27% or what.


ashish
04 July 2013 at 15:28

Salary taxation

In Salary taxation, Tax is to be paid on Due or paid whichever is earlier


Now fact of case is as follow

Mr.x working in YS ltd. Salary 10 lakh p.a
Now company has not paid any salary for last 6 months and now company is seized by revenue department and other auothrities and director have filed insolvent application.

Company has paid TDS on due amt although no salary has been paid to employees for last 6 months

Now My que are as below:-

1) Is mr.y has to declare my salary as per form.26 or he can declare as receipt and claim tax refund?

2) Is he is liable for payment for tax on salary not receipt at all?

During last months he has recd on pieces of income like 10000 in Sep nd 15000 in Nov...So how to divide that amt in different components of salary like HRA da...?





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