which book should i use for financial reporting.. m having paduka it has good sums but no concept clarity....m looking for m p vijay kumar ....i have to complete FR by self study in 50 days....

please advise mpvijay kumar+ practise manual + dsrawat(as) enough to get 70+ in financial reporting....

In clause 27 (a) whether the assessee has complied with the provisions of chapter XVII – B regarding deduction or tax at source and regarding the payment thereof to the credit of the central Government [Yes / No]

(b) if the provisions of Chapter XVII – B have not been complied with, please give the following details, namely

Iv) Tax Deducted But Not Paid To The Credit Of The Central Government

in above clause if tax not deposited till 30/4 have to be reported & if such tax is paid till 30/9 then also need to be reported???????????

a/d to me it should be like if tds not deposited on 30/4 then we should report here b/c [clause 27--chapter XVII specified] even if same is deposited till 30/9 [30/9 is for disallowance of 40(a)(ia)

Mr A , NRI sold a property in India & wishes to save capital gain tax arising on the sale. Is section 54 applicable to NRIs. Is the deposit scheme applicable ??
Also can he purchase property outside India & still claim exemption.

In case he has to repatriate funds back to his country .. What are the ptovisions for the same. Any RBI permission reqd..? What is the total amount allowed to be repatriated?

What will be the liabilities of the dealer in terms of the amount of duty to be charged on purchases of vehicles from the manufacturer????

one of my client is doing the business of cargo services but in fact he is charging the frieght with service tax as it is charged by Airlines and pass on total amount to Airlines and for that Airlines provide him an Income in the name of Rebate & Discount.
My question is that is my client is liable to show the total amount collected and paid to airlines in his Service tax return and secondly he can charge service tax on Rebate & Discount?
or he should file his return as NIL return.

Hi,
Can an Exporter claim refund of Service Tax paid by him. Here the point is to be noted that the Exporter is already enjoying the benefit of Duty Draw back. Please reply.

Fashion Show fee and stall setup charges/ member ship charges paid to FDCI (Fashion Design Council of India) for this we need to deduct the Tax ( TDS )
For above circumstance please suggest me where it comes under contract or Professional technical charges

what is the treatment of deferred tax assets already appearing in the balance sheet?also whether section 145a impacts the above and in what manner?

Hello Sir

Is Provisions of 15CA and 15CB is applicable in case of payment of rent for Property situated in India to an NRI?

If Yes Further
Rent paid to NRI is credited to their account with indian bank and not remitted in Foreign? it makes any difference

Further the NRI is not having PAN Card, so can we issue 15CB Certificate to them without PAN Card?

I Have also heard that Provisions of 15CA and 15 CB is not applicable in case of payment of rent. is it correct?

Please Help me out to solve the above situation.

Waiting for your early reply.

i want entry for provision for income tax & deffered tax till assessment year with some example. in a simple language. i am so much confused. pls tell me from starting means advance tax.