i m earn incme form commission.i could not pripared any book of account.then can i leave to fill pl and balance sheet ? or what will i do? plz help me soon

Dear Members
At present i am doing my articleship and i am in 3rd year. Now my principal(CA) is resigning from the current ca firm and forming a new partnership firm. Now my concern is that as to whether i would also be liable to make any formalities to continue my articleship with him. Is there any form to be filled with icai from my side too. Kindly do let me know if any obligation shall be imposed on me.

A company has booked expense on 31/03/2014 & deposited the amount with government in the month of May then for how many months company has to pay interest? what will be the answer if company had made payment on 30/03/2014 & deposited the amount with government in the month of May..

1) Expenses on sale: which amount I have to mention in Sale of Expenses ?

2) May I add stamp duty + registration amount in Purchase cost? i.e. 10, 27,000 + 75,000(approximate)?

3) Last 3 months back I had taken a mortgage loan of rs 10 lakh and buy one Agriculture land at my native place.
Can it possible to show agriculture land purchase amount as my investment instead of Tax Saving bond?

Please give me possible answer.

Sir / Madam,

Please guide on this subject matter.

Mr X has two properties in Pune city. One house is self occupied and other one is let-out on rental basis of Rs. 150000 (PA). Mr. X has home loan benefit on both the properties.

Here assesses want to know the whether he will get the benefit of principle amount / interest amount on rent-out house or not.

Please suggest us the calculation for the same in both the case for calculation tax deduction.

Regards,

Lijo Philip

Dear sir,
My question is the "A" Construction Company who provide material to Plumbing contractor and Plumbing contractor do this work with his lobourer then which type of this service criteria. Is this service is under Reverse charge.

respected experts ,

I am a regular tax payer . i earn through my skills . i teach , i provide consultancy , i run a computer center etc etc ... i also file an income tax every year , but i never deposit money in my bank account . i use that money for expansion of my small institute , for my and my family expenses and hold some money in home and very few in my bank account .

Is it compulsion to deposit all money whatever i earned through my profession and then i should withdraw money .

while filing ITR , i have mentioned my bank account details .

Is it really necessary to use that account ?
Is it necessary to deposit all amount in that account ?
Is it necessary to perform transaction only from that account ?

DEAR SIR,
IAM KRISHNA I HAVE WORKED AS ARTICLES FROM 1-1-2014 TO 17-6-2014 WITH THE PREVIOUS EMPLOYER IN THE FIRST YEAR OF ARTICLES NOW I HAVE APPLIED FOR TRANSFER AND RE-REGISTRATION & WORKING WITH NEW EMPLOYER BUT IN FORM 109 WHICH I HAVE SENT FOR RE-REGISTRATION NOT FILLED THE LEAVE COLUMN . THAT'S WHY A LETTER STATING FROM ICAI CHENNAI CAME TO ME THAT OUR PREVIOUS PRINCIPAL HAS TO INFORM ABOUT MY LEAVE AVAILED DAYS . WHEN I ASKED HIM ABOUT THIS HE SAID THAT HE HAD SENT THE LETTER TO ICAI CHENNAI . SO MY QUERY IS HOW MUCH DAYS IT WILL TAKE TO REGISTER WITH MY NEW PRINCIPAL AS ARTICLED ASSISTANT

Is rearing of Chicks are covered under service tax or not

Hi Friends,

Is it service tax paid on Audit fee available for input tax credit or not.

if it available how can we avail such input credit.

plz clarify me.