Guest

good evening to all expert
plz tell me that if I m from chennai but now I m doing job at uttarakhand(kashipur). When I will fill my return than in ward circle column of sajah itr 1 which ward circle I will wrote. If I will wote my circle than it will right or wrong.while I m submit my return at kashipur income tax office plz help. what i will wrote in ward circle column

Thanks In Advance

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divyesh
30 July 2011 at 17:53

Sec 44ad

Respected Experts

Which details in ITR-5 are required to be filled for partnership Firm filing return u/s 44AD ?


Regards
Divyesh

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Narendra
30 July 2011 at 14:33

Machinery accounting as cwip


I am narendra doing my third year articleship in a firm... In one of my company which iam auditing, the company have started a new line of business for which the construction has started in the same factory.For that business they have ordered a machine.As at March 31, 2011 the machine has not entered the company premises but the company based on a completion certificate from the vendor have taken the cost of machinery into CWIP.
I am not satisfied saying the asset has to be taken into books only when it entered the premises and is not when it is with vendor and not on the based on the completion certificate at the vendors premise.I argue that it should be taken only when GRN for the machinery is raised.
For taking into books they passed the following entry:
CWIP ...Dr
to Vendor A/c



Kindly suggest me whether my arguement with the client is right or is there any other option for treating the same.

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nitin
30 July 2011 at 11:12

Under section 54

If a person take a home from a housing society. Agreement Date 11.04.2007 & Construction complete at 2010 His possession from 4.2.2010 But Fully Payment At 2.03.2011 .Then if He Sale The House Then Can He Claim 54 Form Exemption on Capital Gain By Invest For Purchase Another House.

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jatin
29 July 2011 at 23:05

Form 108

i am a pcc student & have completed my 3 1/2 years of training. I am very confused regarding how to fill period in page 1 of the form, as i have served under 2 CA's , one for six months and the other(my present CA) for the rest period till date?
Wether i should fill my whole period or what should i do...really confused....please help?
n also my articleship period ended on 16 july ths month...so till what period should i fill in it?

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Vipan Kumar
29 July 2011 at 20:12

Insurance agency along with service

Sir,

Can anyone tell me that whether a govt. employee who is on probation period, can do insurance business along with service on his own name? whether it make any difference if he is already doing insurance business and now joined as govt. employee?

Please clarify regarding both aspects i.e. from view of govt. employee and from view of income tax?

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Guest
29 July 2011 at 19:01

Matter of income tax

good evening to all expert
plz tell me that if I m from chennai but now I m doing job at uttarakhand(kashipur). When I will fill my return than in ward circle column of sajah itr 1 which ward circle I will wrote. If I will wote my circle than it will right or wrong.while I m submit my return at kashipur income tax office plz help. what i will wrote in ward circle column

Thanks In Advance

Answer now


Anonymous
29 July 2011 at 17:30

Commission paid

Dear Sir,
Can Commission be paid from a Pvt Ltd Co. to HUF of Directors.

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NARESH KUMAR SHARMA

Whether a job worker who is providing services in relation to manufacturing of excisable goods, is liable for registration with service tax/payment of service tax.

Kindly advise

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CA. Naveen Jain

A salaried person sold a property for Rs. 728807/- on 18/10/2010 and purchase a residential property in the name of his Wife on 07/01/2011 for Rs. 1900000/-.

Pls explain can he claim deduction under section 54 for his ITR

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