A PCA's wife is a director in a builder co.Foll are the queries

1) Can the PCA do BUSINESS..? If so what shld be his principle role or stake in such business like his investment, involment, loan. what if his relative/s have substantial interest in such business.

2) How would his retainer or remunertion be structed and any resolutions to be passed for his appointment, any disclosure requirements under cos act and other acts or CA regulations, etc

3) Whether he can be part of the BoD's of the co in which his wife is a director, what could be the issues to be looked upon under cos act, CA regulations or other.

4) Can a PCA be an executive or non executive director? if so, what are the disclosure requirements before ROC / IT / CA regulations..

Any other issues to be looked upon pl suggest.

If we have paid TDS on wrong TAN no. then is there any procedure to get refund the same or rectify the mistake by transferring the same on right TAN no.

hello friends,
which is the best self study book on financial reporting(ca final),paduka or p c tulsian or m p vijay kumar or some others ?

I have to file a Income tax return for my assesee online for the f.y 2010-2011 [ A.y 2011-2012] i.e year ending 31.03.2011

will i be able to file, is Income tax site is accepting return for this year


Thanks

I invested 15000 p.a in max newyork life insurance since 7 years,
but in March 2012 i withdrawal the policy and co. refund some of Rs.100000/- against the amt of premium which was i paid.

my que.is this refund amt taxable or not in income tax ?

Dear Sir/Madam
One of my Client's Husband met with an accident and died.
After His wife received commuted pension rs.359600 and Group insurance amt 5000000.
other life insurances 3000000.
Gifts from His Husband's Friend for death ceremony amt rs 90000.
PPF also received.
pls help me to calculate the tax liability of in the hands of wife.

dear Sir

I have paid service tax online but i cant print or save challan because when i paid there was instruction insufficient balance
and i was thrown out by the system but my bank account shows debited that paid amt.

now how can i find challan without cin no.

Dear Sir / Madam,


Whether Percentage Completion Method is mandatory for Proprietor or Partnership business engaged in Construction activity?

In case of Partnership business, site is 90% complete as on 31st March 2013. Can PCM be adopted in F. Y. 2012-2013 as sale of this site has not been booked in any previous years by any other method? Whether adopting this method in current year will result in inconsistency?

Dear Sir,


Pls. find below the details required for Tax calculation of One of our employees HRA.


1) HRA Cheque issued to employee is amounting Rs. 3,15,000/- Dt. 26/12/2012 at once.


2) Actual Rent paid is Rs. 3,15,000/- (25000 x 11 Months + Rs. 40,000 Returnable)


3) Salary paid during the year 2012-13 is Rs. 2,08,000/- (Basic + DA).


4) The rent is paid at once by employee for the period JAN 2013 to Nov 2013.


Considering above details pls. let us know how much tax deduction can be claimed on HRA & In wether it is taxable in A.Y 2013-14 Or 2014-15?

i receive the above said error while initiating the ITR form.kindly help me resolving this