mandar
11 March 2009 at 22:53

Foreign Income Treatment.

Dear friends,

I am accountant, My client received foreign fees for his service. Given in singapur for those fees which treatment we will do in income tax return.May be this fees are exempted from tax or not give details explaination.
and also we submit income tax return. But we get a problem our client are stay in pune so i submit his online return.hence we confusion in this return submit his acknowledgement in pune or akola give suggesion.

thanking you.


Meghna
11 March 2009 at 22:48

Standard deduction

Hello, I wanted to know how to calculate standard deduction in case you have two employers in the previous year
One paying 2,58,900 for april and may and from june to march the other employer paying 19,20,000 as net salary after deducting professional tax

Pls can you send me a working for the same and what is the limit for standard deduction? pls advise

Thanks & Regards
Meghna Mehta


Shefali Bajpai
11 March 2009 at 22:42

Revised ITR for AY 2007-08

An assessee by mistake forgot to disclose a profesional income of Rs. 89,000 pertaining to AY 2007-08. The Assessee now wants correct his mistake and deposit the tax due alongwith the interest. During that year there was a refund of approx. Rs. 12,000 (without including the Tax on Rs. 89,000) which is yet not received from the department. So can the Assessee revise the ITR now?


timcy
11 March 2009 at 21:57

please help

i hv decuded to change my firm since its been 2 yrs for me working in the office and i see myself still as dummy article inspite of being sincere in my attendance

coz of financial crisis at ny home i m looking forward for a firm which can impart good training to its articles as a priority with good stipend too

it seems difficult to me since ground reality remains that i don't know much abt core work

how much does it matters being pcc clear


meenakshi
11 March 2009 at 21:46

service tax


A Service provider in the nature of outsourcing employees (in its rolls) to its client(employees working at client place), raises invoice for salary of its employees working in its client place (salaries paid by service provider & reimbursed by client). Can they charge service tax on the salaries(includes pf& esi) or just on the service charge they levy? Both are charged in the same invoice.


CA Sriraghavan
11 March 2009 at 20:20

Training

Can a student pursue job and as well as dummy training simultaneously.

if yes then what are the consequences for this.

my friend was asking about this and since i am an M.B.A i dont know much about C.A

Thanks


CA Sriraghavan
11 March 2009 at 20:19

Articleship

Can a student pursue job and as well as dummy training simultaneously.

if yes then what are the consequences for this.

my friend was asking about this and since i am an M.B.A i dont know much about C.A

Thanks


Nitish Sharma

Can anyone please tell me the difference between Cost Audit and Management Audit?


suraj
11 March 2009 at 19:03

Audit u/s 44 AB

A partnership firm carrying business of coaching classes consisting of 4 partners.
Their qualification is as under
1 Partner- Dr
2 Partner-Dr
3 Partner-MSc
4 Partner-Msc
Whether this firm will be professional firm n liable for audit if gross receipts exceeds rs 10,00,000/- The firm also employ staff to provide coaching to students. What is slab of remuneration allowable for them 100000 or 75000

The another partnership with all above characheristic but there are only 2 partners
1 Partner-MS, BE
2 Partner-B sc
now what will happen for the purpose of audit n remuneration?


suraj
11 March 2009 at 18:58

Audit u/s 44 AB

A partnership firm carrying business of coaching classes consisting of 4 partners. Their qualification is as under
1 Dr
2 Dr
3 MSc
4 Msc
Whether this firm will be professional firm n liable for audit if gross receipts exceeds rs 10,00,000/- The firm also employ staff to provide coaching to students.

The another partnership with all above characheristic but there are only 2 partners
1 MS, BE
2 B sc
now what will happen for the purpose of audit?





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