Sreekumar
09 January 2017 at 10:41

Amount received back after lease period

Dear experts,

I had taken a house for lease for Rs.7.5 lakhs for lease for 3 years in 2011 (increased to Rs.10.5 lakhs during renewal of lease during 2014) and made payments through cheques while entered into lease agreement.

During April 2016 I received Rs.10 lakhs back from my land lord through cash (as on the same day I had to vacate the house), which was deposited in the bank on the same day.

Will this transaction can be captured in the reporting under Rule 114E (amended) and comes into taxable one as per recent amendment in the rules?

Please give your expert comment.

Thanks in advance.

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Ramya
09 January 2017 at 09:49

CA final Audit paper

After going through pankaj garg sir book, should we study again from study material? Because all emphasise on icai study material, but I don't understand from where to start and where to end in study material for auditing. will study only from pankaj sir book plus icai pm is sufficient? Expecting a affirmative response....

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bhuwan chandra
09 January 2017 at 00:15

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Please tell me about reserve and Provision

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lalit jain

i (proprietor) purchase an printer through own individual credit card (not company crefit card) than how to entry ? in accounting software?

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Vipin Kumar
08 January 2017 at 22:43

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I not filled a NIL return for the AY 2015-16. Can i will filled the NIL return in the AY 2016-2017 for the AY 2015-2016 with penalty.

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pratik
08 January 2017 at 16:37

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In case of depreciable fixed asset on which depreciation is availed is converted into investments and post 3 years of such conversion the investment is sold, whether the gain arising would be long term or short term and also the cost to be considered should be book value or cost of acquisition of property.

Please explain
Thanks

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Anilkumar
08 January 2017 at 09:09

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vishak
08 January 2017 at 07:52

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Hem Raj
07 January 2017 at 22:33

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can i get arricleship of 9months for ca inter via direct entry with doing job..?

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uttam
07 January 2017 at 13:14

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Hello Experts, In ER3 excel utility there is option of mentioning Quantity cleared...means sales..but no option of captive consumtion like a item having 0 opening stock 300manufactured and 200consumued 50sold 50closing balance..how we will show in return ER3 thanx in advance

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