Dear Experts @ CCA,I have a query as follows:
If an assessee sells his long term capital asset(being a residential property) and purchases within 2 years a residential property in the name of his spouse, will exemption u/s 54 be applicable to him?Provided that he has no other taxable income but his spouse has taxable income (a govt employee) and files ITR.
I have done my registration of IPCC under direct entry scheme on 6th August, 2014 but haven't received my registration number. So, my querries are:
Q.1. Am I eligible for May 2015 attempt.
Q.2. Can I start my articleship without having registration number. if no, then why and what do I for that?
A concern why getting his books of accounts Tax audit and what is importance.
If we pay amount to any contractor under below of exemption limit.. eg 30000/- per payment or 75000.00 p.a to contractor U/s 94C
If Contractor fail to provide PAN copy is TDS 20% deductible in case if payment exceed the exemption limit or from the first bill.
Example :- if we pay to a contractor only Rs.15000/- and he fail to give PAN card copy , should we deduct TDS 20% or No need to deduction because amount is under the exemption limit.
One of my client registered as Charitable trust.it is niether received any donation during the year nor investment any money anywhere. it incurred a expenses as bank charges of Rs.100/-.whether the filling of I.tax return will be NIL or a loss return of Rs. 100 to be filed ?
what if I fail on 21aug...it will wipe out the smile of my face for quite long time...how will I will when my friends will be in article ship and I failed ...how to cope with failure....how will I react when my friends pass and I fail... these questions are ruining my life.
hi, i m a CA Final student can anyone provide me the list of amendments applicable for ca final exam nov 2014.
Is Co.Act 2013 is partially applicable to us in nov 14 attempt
hello
Two partner A an B. partner A op. blace is 207880 and new capital introduced during the year is 400000 on 20-03 and 150000 on 28-03.
B partner 185880 no new capital introduced.
so how to calculate interst @12% and what is amount of interest.
Dear Sir,
My Freind is a Accountant for food industry & his Query for TIN NO require for all states or particular State. Because My Friend Company is already taken of Vat & CST no but my freind Company sales is Different-different State by a CFA Agent. So, I Information Regarding Sales Tax No apply for Different different State or Particular state of Gujarat.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital gain u/s 54