Anonymous
06 March 2013 at 18:16

Provision for property

i am purchased a flat with four copartners and in this regard we take up a home loan on 31/05/2011 but till 31-03-2012 we have not registered the property.

Further, we are paying EMI continuously.

So, what will be provision for income tax in this regard about interest and principal amount.

thanking you



Anonymous

One of my friend do currency trading in stock exchange for HIMSELF(in his account only and not for others).
He has appointed two staff for this purpose .
Please clear
1.
His profit will be taxed under STCG or Business head

2.whether salary paid to them will be allowed as expenses
Thanks In Advance


Sethuraman
06 March 2013 at 17:56

Ipc may 2013

Dear Sir,

Is Direct Entry Scheme Students Must submit their Orientation programme & Information Technology Training Certificate before 31st March 2013 for Appearing in May 2013 IPC Examination?

Thanks


GUNJAN KADIA

Hello

Let me know what if your employee do not give full details of his income & Investments in 24Q ?

Is there any remedies available with Employer if he has deducted less TDS ?


Chitesh B Jain
06 March 2013 at 17:23

Tds

There is any provision for compulsory online payment of TDS for company...
of can make a payment by cheque in bank...


Sagar Shah
06 March 2013 at 17:21

Payment of excess provident fund

Dear All,

An entity has made an excess payment of provident fund inadvertently. Can this excess of payment over liability be adjusted in subsequent period?

Thanks,
Sagar Shah


gopi pendyala
06 March 2013 at 17:18

Depriciation

we did not claim depreciation in the previous year.but now we want to claim depreciation of previous year in the current year along with the depriciation of current year..is it possible if it so please specify the conditions



Anonymous

Hello Sir/ Madam,

Actually i am preparing a certificate taking eBRC as proof of export proceeds realized in India to be signed by A Chartered Accountant. Which amount of foreign exchange and exchange rate should be taken.
That is forex including commission , freight charges etc or
excluding the same.

The certificate is being submitted to various govt. department. under FEMA or RBI provisions.

Thanks in Advance.


mohd. amir

Hello Sir!
THis is Amir.

A certificate is being prepared by Chartered Accountant based on e BRC to be submitted to various govt departments certifying the value of export proceeds realized in India.
In old BRC, value being taken was

(forex-commision) * exchage rate
i.e without commission.

now in case of eBRC which amount to be taken

In short which amount of foreign currency is to be taken to show in certificate.
i.e with commission or freight etc or
net figure after comm freight etc.

Thanks



Anonymous
06 March 2013 at 16:49

Regarding change in pan card

I had been allotted PANo. before marriage.....now I want to change my surname in PAN card....is it possible....what procedure I have to follow and what documents are required to be submitted with application..???






CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query