Dear Expert,
Assessee is renting a commercial immovable property with rental income of Rs.12,00,000- per annum. He is registered with service tax and is also paying service tax and filing regular returns.
He is planning to divide the property equally between him and his spouse by way of family settlement. Due to this his income will fall below 10 lakhs and he is exempt from paying service tax from the next financial year onwards.
Will the rental income from his spouse's share be included in the hands of the assessee by service tax authorities? Is there a clubbing provision akin to section 64 as per Income Tax Act?
Dear Experts,
To conven the EGM weather it is
mandatory to issue Notice to all directors if yes Before how many days,
Regds
Ankit bohra
Which of the following lump sum amount received are exempt under which section or taxable in the hand of widow of state govt employee
Amount received from
1. Employees cooperative Rs. 99,000
2. SBI Life Insurance Rs. 5,00,000
3. GPF Rs. 16,04,875.00
4. DLF Life Insurance Rs. 60,000.00
5. Earn Leave Encashment Rs. 5,31,180.00
6. Gratuity Rs. 10,00,000.00
7. Group Insurance Rs. 3,02,622.00
8. Salary for 2 months Rs. 1,79,507.00
Plz reply as soon as possible so that i can file return in prescribed time limit.
we are retailer of food items our total sale in cash to each party, sir please tell me we can how much cash receipt from single party against sale invoice each invoice below 2 lakh but total inv. value is 20 lakh of each party in one F.Y.
sir please tell me how much we can cash received from customer in F.Y.
Whether TDS is applicable on software subscription / support services ?
ITR 4 was filed for AY 2016-17. Intimation under Section 143(1) has been received increasing the business income by Rs. 1,00,400/- On examining the reason we found that In the P&L a/c in FORM 4 PDF and in XML file downloaded from the site,an expenditure of Rs.1,00,400 Lac shown as Other Expenses in our P&L Account is being reflected as Nil in the uploaded Form 4 XML and PDF. CPC treated Other Expenses as 0 and increased the business income.
Can this mistake be rectified u/s 154 by correcting error of Other Expenses in P&L A/c by us or will it be treated as making a new claim which cannot be rectified? If we revise return after 143(1) intimation then mostly in such cases CPC does not process Revised Return. Please advice the correct course of action.
How can I get the ca ipcc result by content wise. And some says articles is short. Is this truth ? Is icai give same percentage for ipcc for subsequent attempts ?
hi,
Telephone used in manufacturing unit and telephone bill comes in address of corporate office . so should i book service tax for manufacturing unit or corporate office
Two private limited companies are amalgamating under the new provisions of Companies Act, 2013.
The details of my query are as under.
1. Whether Statutory Auditor can carry out valuation of Shares of these both companies? ( Statutory Auditor is common for both these companies which please note). [As per my personal opinion, Statutory Auditor cannot carry out such valuation which another service other than Statutory Audit for both these companies).
2. Whether there are any formats of such Valuation Report that may have been prescribed by ICAI?
I know other formalities about the amalgamation under Companies Act, 2013.
So can anybody guide me over the valuation of shares as stated above?
nov 16 my 8 th attempt and again i fail in ipcc second group, I quit ca or not plz. suggest me sir
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Clubbing provisions under service tax