i want to about the changes in the study material of CA IPCC & CS Executive in nov 2014. which subjects syllabus is changing plz help its urgent.

I have a car on my relatives name. I am selling it for Rs. 14 lacs. Just need to confirm how can i show it as my income. Or if there is any problem if the payment comes directly to my bank account?

In a Government Organisation there are some balances outstanding in the head of Advances and Infrastructure etc. are being brought forward from 05-06 and the statement have been audited by several auditors. We are appointed as auditor for F.Y. 2013-14 and in verification we found that there is no such actual balance exist and these are dummy balances amounting to Rs. 1,14,00,000.00 approx.

So what can be the process of writing off or adjusting this huge amount so that this dummy balance can be written off

State Bank of India has not deducted TDS on the interest on fixed deposit for the FY 2013.14. The reason given by the bank was 0% interest was wrongly charged on that deposit, hence no interest no TDS. Subsequently the said mistake was discovered at the time of prematured withdrawal in April 2014, the bank gave credit of the full interest but made TDS on the entire interest including interest for FY 2013.14 showing it as interest pertaining the period FY 14.15.

Can the depositor claim the TDS which is made in Apr 2014 as he follows accrual system of accounting and has to include the said interest income for AY 14.15.

Dear Sir,

My Client is a Works Contractor (WC) ( Furniture Contractor) carrying out Works Contract for Modular Kitchen and Wooden Doors ( Material plus Labour) in New construction project in Maharashtra.

Location of the client and execution of Works Contract - Maharashtra

RC Certificate - Shows Works Contractor as principal Nature

Query:
1. Now, He wanted to purchase Wooden Doors from a Supplier based in Gujarat by issuing a C Form. The Doors would be installed in the same Form at a Site located in Maharashtra
a) Can He purchase by issuing a C Form at concessional rate ? Any restriction on goods purchased for Works Contract
b) Can We get the Input of CST Paid on such purchases against Sales to Contractee
c) What would be the rate to be levied on Subsequent Work Contract Sales Bills to be issued by WC to Contractee customer ?

Please guide. Your early response in the matter would be highly appreciated

Thanks in advance

if a person who has acquired a car by theft now sells the car will he be liable to pay capital gain tax..car is not in his name..he robbed the car..pls advice how we can save him from paying tax..sale proceeds have been deposited in his bank account..is there any other manner of receiving proceeds of sale so that capital gain tax liability does not arise..plz consider my query and do give a suggestion soon...

If i deduct TDS on salary monthly without considering the invesment and in march month i come to know that i deducted higher TDS if employee inform me about investment.then what to do. Should i ask to employee to give details of investment at beginging of the year or i deduct TDS without considering the invesment.

For the Financial Year 2013-14 due to Fixed Deposit Interest, my additional tax liability comes to Rs. 26000/- whether i have to any interest amount along with self assessment tax (Total tax paid was 633806/-) ?

Whether dividend received on Mutual fund re-invested is eligible for deduction under section 80C ?

hello sir husband and wife both have joint a/c in which husband is first holder and his wife is second holder husband didnot show bank a/c in his balacesheet but his wife show a/c in it return and balance sheet for the f.y 2012-13 this accout mainly open for his wife income for stiching labour work income is it right or not ? is there any prob or not in future? all income is credited In cash is earn by his wife whether is it right or not??