CPoojaA

Hello,

IF I give tips on share buy/sell. So I charge commission on profits earned by my clients. I wanted to know is there any restriction/regulation by SEBI or any other authority on charge of such commission.

thank u.


Krishna Kant
02 July 2013 at 19:41

Tds on purchase of property

Dear Sir,
I am 65 yrs old retired Chief Engineer from UP Power Corporation Ltd Lucknow. My daughter wkg in US purchased a flat in Crossing Republik City Ghaziabad The basic sale price of flat is 48,07,992& service tax on it is 1,48,567 bringing the cost to Rs 49,56,559.The registry of the flat was done on 27th June 2013 for Rs 48,07,992/ only.My daughter paid Rs 5.0 lac on01/02/13 as booking amt followed by Rs 3.0lac & Rs 1.0 lac on 07/05/13& on 22/05/13 respectively.Bank paid Rs42,06,073/as the balance amt at the time of registry beside also bank paid the stamp charges.
Now should I attract TDS on this property.builder says that the total price of your flat is Rs51,48,559/ inclusive of Rs1.5 lac as parking charge,& Rs42000/as interest free maintenance security deposit.
My point is that since the registered value of flat is only rs48,07,992/ the TDS is not payable.Pl clarify,
Warm Regard
krishna kant



Anonymous
02 July 2013 at 19:25

Audit

what is difference between statutory audit & tax audit & what is turnover limit for each of them?



Anonymous
02 July 2013 at 19:23

Audit

what is statutory audit & to whom does it apply & is there any turnover limit for that?


manojkumargupta
02 July 2013 at 19:14

Hra and home loan

Sir
i have taken ahome loan and getting housing loan benefit.
The house is located in my city of work place.But i live with my father in other city
The house is registered in my wife name whose emi i am paying.
Now i want to pay house rent to my father in other city(house in my father name)
Can i do the same and claim both hra and house loan benefit.
Kindly help



Anonymous
02 July 2013 at 19:04

Journal entry provisions

Greetings members , I have a query for journal entry on provison for landfil site ie the previous year provisions (Balance sheet) was R28 million and the current year is R23 million ,

So what entry to process , do we debit provision by R5 million(Reduce the provision R28 prior year - R23 million current year) and where the other leg (credit) must go?

Thanking you in advance,


amit pethad
02 July 2013 at 18:45

Articleship transfer

sir, i am a article trainee under a particular firm and our that firm has been closed and new partnership firm has been formed so, can u explain me the procedure how to get registered my article training under the new firm or it will automatically get transfered


vipin

pls tel me a complit detail about frm and salary paid



Anonymous
02 July 2013 at 18:38

Section 35d

Can a partnership firm who is not liable for tax audit will eligible to claim benefit of sec. 35D.


m.premchand
02 July 2013 at 18:37

Late filing itr

can we file belated return for assyr 11-12
now,having refund of around 10000/-.






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