Amrit Monga
08 December 2012 at 01:21

Acca and ca

If a person first does ACCA from London. then what he will have to do to get CA Degree in India???

Please revert dear experts.


Yajuvendra Rawat
07 December 2012 at 23:24

Income tax

Dear Sirs & Friends,

I want to know whether an individual can get refund if he files return after the due date. One of my friend wants to file the return for the f.y. 10-11, please suggest if he can get refund or not.

Best Regards,
Yajuvendra Rawat


Sat
07 December 2012 at 22:59

Sale of flat

I and my wife jointly owned a flat which we have now sold. All payments were made from joint account and loan were obtained jointly. We have shown the ownership as in AY FY13 returns 75:25 in my favour. The sale proceeds have been received 75% into joint account and 25% into sole account of my wife. I am planning to show capital gains in the ratio of 75:25.

Please advise if this is in order. Do I need to create any documentation for the ownership share? My wife is housewife though she has been filing IT returns for rent and other income since last 3/4 years.



Anonymous
07 December 2012 at 22:20

Interest on housing loan u/s 24

Example:-
R book a flat in residential appartment on jan.2012 take a housing loan. Time to completion the flat will be 2yrs i.e jan.2014.
Question=Interest paid during construction period is allowed as deduction u/s 24 in the year of interest paid itself or claim as deduction in 5 installments after giving possession of flat?

Give answer according to the Income tax Act and in regular practice of CA, both.



Anonymous
07 December 2012 at 22:19

Regarding payment of service tax

Hi... friends Plz resolve this problem, If we raised an invoice in fy 2011-12 @10.3% But pay tax on payment basis which is received after april 2012(i.e rate increased to 12.36%), At wat rate we hav to pay service tax..???


vidhya sahu
07 December 2012 at 21:46

Cpt

heelo
how to clear cpt in first attempt ?????????



Anonymous
07 December 2012 at 21:22

Jouranl entries and how to cal

Hi,

This is Ram, I have been facing some issues regarding service tax.

1 Supply of Manpower for any purpose 25% 75%
2 Service portion in execution of works contract 50% 50%

In above scenarion which journal entries will be generated and which base calculate the service tax and TDS.

Kindly provide the suggestions.



Anonymous
07 December 2012 at 21:22

Query about abatement rates

Dear sir/madam,

My client is providing services in the category of "CONSTRUCTION SERVICES IN RESPECT OF COMMERCIAL OR INDUSTRIAL
BUILDINGS AND CIVIL STRUCTURES".
For the Month of October, When he raised the invoices to the company for services provided by his firm, Account department of the company reject the invoice asking to my client to charge service tax on 50% amount. They said that on balance 50%, service tax would be paid by service receiver.
Please clear the rate of abatement for the said service as mentioned above.. Whether 75% - 25% or 50% - 50%..?
Please help me... Its urgent..


RAJESH PATEL
07 December 2012 at 21:00

To be file a return

Friends i want to file my ITR for a.y 2012-2013. my income is below exemption limit. no tax payable. if i file my tax return than any penalty or interest will be charged or not. what is the last date to file my belated return. this is my first return......


Guest
07 December 2012 at 20:27

Ipcc conversion

I am Graduate passed with 76%. I gave this Nov 2012, IPC Examination but can I opt for conversion and start my articles now? and if I can convert and if I pass in both groups or group 2 will this result be counted??






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