Viral
01 August 2009 at 10:40

Letter of Credit

Do provide accounting for Letter of Credit


CA.Ritu Agarwal
01 August 2009 at 10:22

HUF

Hi
say a HUF consist of Mr.A, MrsA, their four sons all married and having sons and daughters. Now Mr A Karta dies, then whether HUF can be continued by the other members of the family or they have to do partition.


CA. Amey Badle
01 August 2009 at 08:53

Non receipt at CPC, Bengaluru

I have e-filed my return on 02/07/2009 & sent the duly signed ITR-V to Bengaluru on 11/07/2009. I totally sent three ITR-Vs along with my return. Bothe of the others have got their receipt from CPC, Bengaluru, but when I checked my status under e-filing status, it showed me following message:
"E-filing status not available for this PAN & assessment year" What is the solution to this problem? Can anybody help me out????


Guest

Fact

I purchased (physical) stamp papers for the required value for Form 1 / MOA / AOA / POA /.

While taking AOA print outs, the printer had problem. I could take print out of Page 1 & 2 of AOA. Then, I had problem for Page 3 of AOA.

Query

Regarding Form 1 – Sl. No.9. Particulars of payment of stamp duty

There is a column with expression ‘DATE OF PURCHASE OF STAMPS or stamp paper or payment of stamp duty’

1. Whether I should purchase Stamp Papers for full value (ignoring those two stamp papers that are proper), as the DATE OF PURCHASE IN MY CASE WILL BE TWO and further, the form does not have the field provision for more than one date ?

2. Can I use those two stamp papers that are proper and purchase only one stamp paper afresh with a date say ’01.08.09’ ?

3. If this is permissible, can I put only the latest stamp paper purchase date say ’01.08.09’ or the date of those two stamp papers.

Looking forward to receive your response early on the matter.

Thanks for the support & assistance.


Guest
01 August 2009 at 00:05

agriculture income

Rent from building, located in the vicinity of agriculture land, which is 60,000
assessed to land to revenue and the tenant, cultivating the agricultural
land, occupies it for his dwelling and storing purposes

ans :my point of view 60000 is agriculture income that mean it is totally exempt because building located in the vicinity of agriculture land and used by tenant for his dwelling and storing purposes. but i had seen in one question 60000 is treated as house property income that is wrong or right pls reply me

and pls see question no 2 with solution and pls explain me its to parts and tax lilablity
https://www.caclubindia.com/files/4_agriculture_income.pdf


sanjay gupta
31 July 2009 at 22:54

service tax

hello,
my company is in the distributor ship of computer hardware, software and telecommunication equipments right from their import to selling in the domestic market. at the same time we are providing services on networking done.on import we are paying basic duty, cvd, ed. cess and SHEcess apart from additional custom duty. we are regiestered with service tax authority. can the duty paid on import be setoff against service tax liablity and if so under which section of ST act.pls reply ASAP


CA Abhishek Singh
31 July 2009 at 22:40

time allocation for studies

my attempt for pcc is in nov09. i have decided to study as per following timetable(i recd it from caclub).
mon to friday / saturday & sunday

accounts- 4hrs / 2
audit - 1hr / 2
law- 1hrs / 1
cost & fm- 4 hrs / 2
income tax- 2.5/ 3
i.t. & sm- 2.5 / 3

TOTAL 15 / 13

i have whole day to study. i am getting problem in deciding order of the subject and their timing.

please any one advise me on this. is my schedule proper. if not please recommend to some other solution. (PLEASE TELL ME WHICH SUBJECT TO STUDY IN MORNIG, AFTERNOON & EVENING)

thanks in advance


SAGAR
31 July 2009 at 21:11

CA+CS

is there any similarity is syllabus of CA and CS. i m very much interested in CS also.


purva.mirji

This is in respect to the return of my client filed for ay 2007-08.The return was filed in november.In the return, business income is mentioned as Rs. 169704/-.Whereas THE BUSINESS INCOME was nil.In the ACKNOWLEDGEMENT the total income is mentioned properly(ie. Business income is mentioned properly).This mistake was caused due to the genuine mistake of the SOFTWARE.Hence I had written a letter to the income tax officer mentioning about this mistake.But he is not accepting the same and asked us to pay the money immediately...So please kindly help me out to find a solution...Shall I go for an APPEAL?
Thanks In Advance.


Namdev Dhongade
31 July 2009 at 18:44

Capital Gain

If A person sold a house which is owned by him and reinvest the amount into another house property which is jointly owned by two person in that case how much amount will be takent to claim in capital gain if the gain is long term ?






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