Dear Expert,

I am a commerce graduate & have experience of around 6 years in accounts (payments) ; I would like to do a course along with job; Can you pls. guide me about the courses which can be done alongwith the Job & will be helpful for career growth.


Thanks in advance.

it act say that salary is taxable when recieced and due which is earlier but in case of arrear salary why we forget this rule and it is panel for asseseee wether yes or not and also in fevour of 89 relief plz explain arrear salary also rahul burad

i received notice u/s 142(1)(ii)

plz tell notice u/s 142(1)(i)
u/s 142(1)(ii)
U/s 142(1)(iii)
for what purpose

and what means office bearear

Hi,

I want to know the IPCC may 2012 exam date.

Thanks.

My father is planning to sell an ancestral property for Rs.25 lakhs. Should he sell the same in his personal name since he is the legal heir.Or should he open an HUF and do this transaction over there. What is advisable. If he does it in HUF and how will this money distributable.Like We are two sons and mother. Can we distriubute it equally like 1/4 th each what will be the tax implications. Your best advice over it on this shall be highly appreciable.

Facts of the Case:
The Assessee Company is a Supermarket Company selling FMCG. The
assessee company charges 1.5% on its Sale Price as Mahamai/Charity to
its customers. The Assessee company collects (charges) the charity
from customers and remits the same into a charitable trust. The
assessee does not show the ‘Charity collected’ in the Sales Account in
Profit & Loss Account. That is, the assessee brings the 1.5% of
Charity to Balance Sheet and pays the same to the Charitable Trust.

Proposal of ITO:
The ITO has proposed to add the “Charity Collected” to the Total
Income of the Assessee. Whether the ITO’s contention is correct ?

I am on the side of Assessee Company. If the assessee accepts the
ITO's Demand, the ITO is definitely going to Reopen the last years
records. Is there any way out for this ?

Thanks in advance
Arul.

If my liability in higher education cess is 698/-but i paid 2000/- ,what are the possibilities for me for the balance amount
(2000-698), either i should go for refund or adjustment in next month...if adjustment, please can u give me the procedure.

Calculation of Capital Gain. When Land on which a new building is constructed is sold to a single person under two different agreements, i.e. one for Land and other for Building.

Dear Sir,
We are paying commission to Non Resident (Shifted to abroad 2-3 yrs back & comes India once in year say for 30 Days. Then while making payment to him we have to deduct TDS @10% u/s 194H or any specific provision for that.
Pls explain in details & also suggest things which we should keep in mind while making payment.

Many Thanks:

Rahul

How should I adjust input sales tax, output sales tax & payment of sales tax in Accounts?

Regards