Anand Luhar
02 April 2009 at 19:19

we can t take transfer any way?

I a ippc sudent .i got myself converted from pcc to ipcc so my exam are due and articleship also going on .does we cant take transfer in any way.means other than the point given by icai.does our Boss Ca can terminate our articleship at his wish??
plz friend give me some imp information bzos i want transfer from my article as CA calls me on sunday also so plzzzzzzzzzz


monia
02 April 2009 at 18:48

Journal enteries with reason

hi

(A)if I pay advance tax 150000
my tax libility is 200000
and there is provision for tax 250000.

what will be journal enteries for these transations

or

hi
(B)if I pay advance tax 150000
my tax libility is 200000
and there is provision for tax 1800000


Pls help me

Monia


VIKAS
02 April 2009 at 18:30

shares and stocks

sir,

I am not aware about the nature and way of trading of shares.... its technical terms and like all it concerned.... I wish to know all that... vikas2win@gmail.com
pls reply


shweta

If I have a house in other state and i am doing job in other state and staying at rental property and i have given my house on rent and if my house is financed and EMI for the same is debited to my account every month:
1.Can i claim HRA
2.Can i take the deduction u/s24(B)on my house property income
3.If the interest on borrowed amount is more than Rs.150000/- will the whole amount is allowed as deduction.


shweta

1.If a manufacturing organisation pay commission to his clearing and forwarding agent for sale of his product.Can company claim the credit of that service tax paid on that commission as an service tax input.
2.If a manufacturing company pay royalty for using the Brand ,Can the credit for service tax paid on that royalty could be considered as service tax input.


SIDDHARTHA SANKAR ROY

One company engaged in providing services of " Transportation of goods through pipeline" . They mainly undertake transportation of petroleum products through pipeline owned by them. Now they mix some additive with the goods(say crude) while transporting. The additive acts as an anti-corrosive agent for the pipeline. Whether the company claim cenvat credit of the C.Ex duty paid on such additive as input.


atul
02 April 2009 at 17:52

HRA EXEMPTION

Dear members
I have some queries that i need to clear to have better understanding and saving tax.

1. ) if the rent agreement is between the husband and landlord, and rent is paid by cheque by wife on her name to land lord, then in this case wife can avail hra exemption or not from her taxable income as she is working in private sector or vice versa? if yes, then what are the document she has to submitt to a/c department?

2. )shall we need to mentioned both husband and wife name in the agreement, so that any one from us can claim full HRA and what doucments we need to give in this.

3. ) shall we need to mentioned both husband and wife name in the agreementas the rent is 12K, where in we received HRA as 5 k and 6 k, can we both share hra claim seperately in our respective organisation and what documents we need to give in this

hope i will get positive answer, this is to plan future tax benefit so that we should not pay high tax to IT Dept.

rgds
Atul


atul
02 April 2009 at 17:51

HRA EXEMPTION

Dear members
I have some queries that i need to clear to have better understanding and saving tax.

1. ) if the rent agreement is between the husband and landlord, and rent is paid by cheque by wife on her name to land lord, then in this case wife can avail hra exemption or not from her taxable income as she is working in private sector or vice versa? if yes, then what are the document she has to submitt to a/c department?

2. )shall we need to mentioned both husband and wife name in the agreement, so that any one from us can claim full HRA and what doucments we need to give in this.

3. ) shall we need to mentioned both husband and wife name in the agreementas the rent is 12K, where in we received HRA as 5 k and 6 k, can we both share hra claim seperately in our respective organisation and what documents we need to give in this

hope i will get positive answer, this is to plan future tax benefit so that we should not pay high tax to IT Dept.

rgds
Atul


Brij Mohan
02 April 2009 at 17:39

captilisation

is design consultancy charges of a building will be captilised or not.plsease give me reply in two sitautions (I)whther the building is being made (II)or the buildind has already been made,


Gopal Khetan
02 April 2009 at 17:29

INTEREST ON UNSECURED LOANS.

Dear Sir,

1.please advise , is there any rate of interest stipulated as a minimum rate of interest to be charged for unsecured loans.

2.If so, can in a particular year ,could interest be paid at a lower rate.







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