Hi all

I have a doubt regarding Income Tax filing for a Trust. A trust formed in Feb 2013 and applied for 12AA registration on April 2014 and the application is in process. Now for filing IT for the financial year 2013-14 whether the trust is eligibe for exemption u/s.12 and 13 or Trust has to pay Tax for the donation received after its expenses.

Thanks

i have received a gift from my father sum of Rs 500000 ( in cash or kind ) is it taxable or not? AY 2014-15

sir, I have a property in my name which is let out and I'm paying housing loan on that property. and also I'm receiving HRA and I'm residing in same city on rented proprety can I get deduction for HRA and also Interest principal when both are in same city. ...??'

Sir I want to know whether articleship in mumbai is really needs compulsory reference in good firms or yes, there are some firms whuch do consider marks in IPCC as the sole criteria for articleship appointment...if yes, then you are kindly requested to suggest some names

Sir

I have got email from ICAI that my application in Form 117 for firm name has been approved & i may apply in form 18 for Firm particulars.

Plz tell me whether any hard copy of such letter will be dispatched or not ? Or i have to enclose print out of email with form 18 ?

dear expert

While i was downloading 26 AS (large file) from traces.i got it in http formate. I am not able to open in pdf formate. can anyone help me?

When is ipcc result expected to be declared?

LTCG earned in A.Y.2013/14.Deposited under capital gain account scheme with Bank.Now today I want to close the account and withdraw money and pay applicable tax and surcharge.Approached ITO.He wants me to revised the return for A.Y.2013/14 and pay taxes alongwith interest U/s 234b and c,please guide me,as without ITO's permission,bank is not allowing me to withdraw money.....

I am in CS Professional. I wanted to ask that for a better future which is more good between MBA/LLB ??
And from Which College ?

Dear All,

We have rejections at SFG level material and which is abnormal rejection also, goods to be scrapped and to be sold to scrap dealer.

My query is that at the time of Mfg. the item we have taken the CENVAT of RM/Input Material, whether now on rejection we are liable to pay excise duty or not.

Thanks