My query is can a ca other that the statutory auditor of company digitally sign its ROC return and upload it.

If a house is purchase in joint names and the agreement is silent on share of each owner then can it be assumed as 50% share i.e equal in case of 2 co-owners.....even if entire payment is made from one of the owners??

Can any one tell me case in support of this

License fees paid to government under an act by a fully owned government company is allowable as revenue expenditure.

Kindly suggest best way to save tax on capital gain on estate of deceased in following cases:-
If estate of deceased is sold and tax is paid on capital gain after taking benefit of cost of index and income tax return is filed in name of deceased.
Or
First estate of deceased is distributed among the legal heirs and each legal heir can sale the property and pay the tax on capital gain after taking benefit of cost of index according to their exemption limit.

For a particular A.Y. an assessee incurred loss under the head House Property. The assessee has income under the head of PGBP and LTCG under Sec. 112 for that A.Y. On comparing, the assessee found that it was more beneficial for him to set off HP loss first against LTCG and he did the same while filing e-ROI (resulting in tax refund). Now, after the ROI being processed at CPC, he got the intimation u/s 143 in which he found that his tax refund has reduced. On analyzing, he found that HP loss has been set off against Business Income which resulted in reduction of his refund claim.

Based on above problem, I have following questions:

1) Is any order is prescribed for setting of HP loss against other heads?
2) If not, can assessee set off HP loss in a manner which is more beneficial to him?
3) What is the reason behind not setting off HP loss against LTCG?
4) If assessee's claim is correct, what can he do to get his full refund?

Please cite sections, case laws, circulars, etc. in support of your answer.

The Company Purchase Shares on F Y 2008-09 Slaes on F Y 2012-13 but STT is not suffered how to calculate Long term Capital Gain (If Indexation is Applicable OR Not ) & Tax Rate Please Suggest me
and How to Distributed in Profit on Directors, & if also Taxable in Director Side
so please Suggest me




Thanking You

My client is having a joint account with his wife who passed away 6 months back.I wanted to confirm that the interest earned on the F.D.& S.B.account belonging to his wife is taxable in his hands or not.

WE ARE MANUFACURER AND PURCHASING CAPITAL GOODS ( MACHINERY, INDUSTRIAL TOOLS,TRANSFORMER,COOLING TOWER,COMPACT WATER CHILLER,ELECTRICAL CONTROL PANEL,AIR COMPRESSOR,STEEL BUILDING COMPONENT,MS BAR ( FOR PLANT FEBRICATION ) FROM MANUFACTURER/ DEALER . CAN WE TAKEN CENVAT WITH TRANSPORTER INVOICE COPY.

WE ARE TAKEN ECC NUMBER FROM EXCISE DEPARTMENT IN NOV-2012.

WHILE, WE ARE PURCHASING CAPITAL GOODS SINCE JULY 2012.

CAN WE ENTILE TO CENVAT CLAIM SINCE JULY 2012.

PLEASE CEARFY.

THANKS

VINAY KALE

i had filed salary return of A.Y. 2012-13 after due date but i have made mistake that i have not mention in return the claim of relief U/s. 89(1). thereafter i had file revised return on same day and efiling sile accept my retun even if original return filed after Due date and sign Ack. of return to CPC. my query is :
1) whether CPC processed the revised return or original Return ?
2) if he Processed original return than what action availabe to me to Claim Relief U/s. 89(1).

thanks in advance
please reply fast its urgent.

If suppose a student fills the examination form for IPCC May 2013 exams and then for some reason he doesn't appear in the exams, will this count as his first ATTEMPT?