We have a cloth business and a house both of which is registered at my fathers name.

my fathers cousin has been filing our business income tax return from many years.

recently i have discovered that he has made digital signature of of father for the purpose of filing return.

Neither my fater nor i knows what this is to which he says it is compulsory to get digital signature.

all the password and everything of digital signature my father cousin has it.

WHAT IS THIS DIGITAL SIGNATURE ??
AND CAN HE MISUSE THIS DIGITAL SIGNATURE TO TRANSFER MY FATHERS HOUSE PROPERTY AND BUSINESS IN HIS OWN NAME?????????


PLZZZ HELP I AM IN DILEMMa as what to do...

One of my client company is engaged in manufacturing activities & trading activities. The turnover of the compnay from manufacturing is 16 Crores approx whereas 90 crore from trading. Whether the cost audit will be applicable of turnover criteria of 100 crore or not. The manufacturing activity is covered under Excice Tariff as applicable for cost audit Thanks & Regards Santosh

Read more at: https://www.caclubindia.com/forum/applicability-of-cost-audit-236415.asp#.UQJhVfJobaQ

Mr x have 50 kg silver and he want to take it in to a new business what he need to do for this this silver 50 kg is form his father as a leagle hair and he have not any bill releted to this silver because this is very old time silver

Payment made towards service charge of CHA is there any limit specified for deducting TDS on that payment..?

Respected Experts,

I want to know that while computing book profits for calculation of MAT,the unabsorbed depriciation & b/f losses are to be taken on year to year basis or aggregate of all the earlier years?Please reply soon. Its very urgent.also give any guidance note or case law,if any in this regard.

Thanks

Dear Experts,

Our company has filed Income tax return, tax Audit report, Statutory audit report for FY 2011-12 in time.

But now, we found that there are two purchase bills amounting to Rs.30 Lacs are wrongly recorded twice in tally.

As our audit report are already final.

How to revise the income tax return ? and

Under which section this expenses should be added to income ?

Dear Sir,
let me know regarding deduction under chapter VIA in the case I have filed return U/s 44AD.Can I claim deduction Under Chapter VIA please tale me.
Thanks & Regards
K D Sharma
kds70@rediffmail.com

What does CWDR in a bank statement mean?

I HAVE DOUBT , THIS YEAR ICWA SYLLABUS CHANGE ...RECENTLY ONE OF MY FRIEND SAYS THIS YEAR 2013 ONWARDS ICWA INTER SYLLABUS CHANGED, NOW I CAN PREPARED OLD SYLLABUS OR NEW SYLLABUS ?????????

Dear All,
If I am having two houses on rent,
CASE-1
In one I live during the weekdays and another one I live during weekends

CASE-2
in one I live and in another my parents/spouse live.
Both the houses are in different cities.

Can I claim HRA on both of them u/s. 10(13A).

Thanks
Avinash