Hey. I started my Articleship on 13-3-2017. I gave a resignation as I was unable to cope up with both work and studies. I thought starting articleship after graduation. Today i.e. 7-4-2017 was my last working day. I had not submitted the articleship registration form with ICAI from my side. The firm I was working in gave an intimation to ICAI that I started articleship. What am I supposed to do now because I don't plan on starting articleship again till next year. Is there any intimation I need to provide to ICAI?

Please suggest me how should i answer to notice received by my client under section 133(6) for cash transaction made by him during 9th Nov to 30th Dec, these transaction happened during the coarse of regular business. He deposited this amount collected from his customers in old currency notes.

My client is a pensioner and also working as a contract employee. Pension income comes under 'income from salaries' while contract payment comes under 'Income from Profession' for which Presumptive Scheme of taxation is applicable.He is asking about the eligibility for 50% deduction towards expense in respect of contract receipt as per Section 44 ADA? Which Income Tax Return Form is applicable in this case

Dear Seniors,
If i want to open a Partnership firm on a immediate basis then I can Noterized Partnership deed to make a partnership company. After making this deed govt. Can issue us a Trade license and Current account for doing any education field works. After couple of month can I convert it to LLP firm.
Please Explain...


Regards
Md Nishat

Sir, can we pay more than 10k & below 2 lakhs for Farmers in cash in single payment is it disallowed uls 40a(3) and will it attracts u/s 269st

Dear Sirs,

I am a civil Contractor & file my return under u/s 44AD @ 9%.

Last month I Quoted for a IOCL tender in which they asked for :-

1. Details of Annual Turnover. Audited Accounts/Balance Sheets for Financial Years 2013-14, 2014-15 & 2015-16.

2. Audited Balance Sheet of the relevant Details of Annual Turnover. Audited Accounts/Balance Sheets for Financial Years 2013-14, 2014-15 & 2015-16 .

3. Scanned copy of CA certified annual turnover of previous three financial years i.e. 2013-14. 2014-15 & 2015-16. The turn over as per audited accounts, submitted by the tenderer shall be the basis for further evaluation, wherever required. If the party is submitting the Turn-over documents only for one year or two years than average turn-over shall be calculated by dividing the sum by 3.

To this I submitted my ITR, Computation of tax in which it was mentioned Gross Receipts 14.20 Lacs & Net Profit @ 9% u/s44AD of IT Act. The Computation was Stamped by by CA & written on it was "Certified True Copy" & signed below.

Then again IOCL raised objection to submit CA Certified copy of Balance Sheets, to which my CA made a Balance sheet (Stamped by by CA & written on it was "Certified True Copy" & signed below.) but I did not attach any Trading, Profit & Loss account as my CA said same is not prepared under u/s 44AD.

Now my tender have been rejected due to Financial Credentials documents.

Is it a valid reason by IOCl to reject my tender as I have not attached Trading, Profit & Loss account ?, Was it mandatory to attach these documents with Balance Sheet as IOCL only used word to upload Unconditional CA certified balance sheet of 2014 15 Balance sheet of 2015 16 ?

please help me out, is IOCL correct on their part ? or should i fight & knock door of court for justice.

Plz help.

7814065658

What is the meaning of provisional admission in admit card for CA final???

Hello Sir Please guide me fully regarding tution income and its itr form for F.Y. 2015-2016??

What is letter of authorisation? And how I get it?

Dear Experts,
In the return of AY 2017-18 for company ITR 6 weather all the directors Aadhar Number will be quote in ITR 6 or not,

Regds
Mohit