One of my client paid tuition fees for medical college for his daughter amount rs.400000 my query is whether i have claimed 100000 each mother and father for their assessment.

Dear Sir/Madam

Kindly send me a copy of EXCEL/WORD/Table format for the above subject A'Y..


I need it for reference of some client.

Thanks

is the gratuity recieved by the legal heir of a deceased person taxable?

sir
please clear the services code of film actors and cricketers...

Whether we can pass circular resolution for approval of cost audit and compliance report or it should be compulsory to be placed before the meeting for approval?

Hi,

Someone may please reply to the following query(s):

ABC Private Limited had paid up capital Rs.1 Lac as on 31.03.12.

Note 1. Company increased its paid up capital to Rs.1 Crore on 30.06.12.

Note 2. 99.50% of the paid up capital is held by foreign holding company.

Consequently, Indian private company became a subsidiary of foreign company.


Query

Should the company while filling Form 23AC say YES
to the field 8.(a) *Whether the company is a subsidiary company as defined under section 4?


Ans : ....................... (please see note 1. above and give reply)


Thanks.

sir, i have started my articleship from 22nd aug, 2012 and have not received my id card yet. Due to some circumstances i want to transfer my articleship. Can i do so now as i havn't received my id card till now.

If there is a contract for supply for printing material and the supplier raises VAT Invoice, is tax to be deducted on the invoice u/s 194C?

Hi,

Someone may please reply to the following query(s):

ABC Private Limited had:

- paid up capital Rs.1 Lac and

- Reserves and Surplus (negative balance) Rs.2 Crores as on 31.03.12.

- turnover Rs.1.95 Crores.

- no secured loans from banks or any parties.


Query

Whether CARO shall apply to the said company, which has NEGATIVE BALANCE of Rs.2 Crores of Reserves and surplus ?

Ans : .......................


Thanks.

SALARY INCOME FROM A PVT LTD COMPANY : 1,40,400/- PA
COMMISSION RECEIVED AGAINST SELLING OF VEHICLES : 3,64,000/-
Now how can I calculate Taxable Income.

Can I file ITR 4S