chetan agrawal
02 December 2016 at 14:59

Dissolution of a partnership firm

Dear sir, If we r going to dissolve a firm, then what should be the necessary compliance need to be done.

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Mangesh Narvekar
02 December 2016 at 14:30

Service tax on tax consultants

Dear Learned Members,
Please provide solution for following queries -
1) Whether individual, who is not CA/CS/CWA/Advocate is required to pay service tax on his professional fees related to tax consultancy, Insurance and Mutual fund Advisory?
2) If A is laying for Recognised sport body, whether A is liable to pay service tax on his retainership fees? if Yes, on which amount service tax is required to be levied, Total retainership fees or Net of TDS retainership fees?

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AJAY SINGH
02 December 2016 at 12:50

Annual filling

One of My Client had not filled Annual Account & Annual Return Since March 2010 now Filling of 6 years is pending, My Client received a Notice from ROC Regarding this please guide me how to file annual accounts & return for last five years

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PREET
02 December 2016 at 12:12

Partnership

Issue:-3 partners form a Partnership firm as on 15/12/210,as per deed.But,Current A/C in name of the partnership is opened on 2/2/11.Now,one of the partner(Managing partner),with consent of other partners (by Deed and a special power of attorney)does all transactions for the business of the firm in his Savings bank a/c.
Now,my quarry is,after opening the Current bank A/C,when the managing partner will transfrer all the fund generated ,in that Savings A/C, out of the business activity done on behalf of the firm to the Current A/C,then can ITO disallow the transfer and taxed the income as personal income of the said managing partner?

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Sudeep Singh

I have deposited Rs. 1 lakh in my savings account in old currency after demonetisation. I had started working JUD Cements Ltd in October 2009 to April 2013 and again I joined JUD Cements Ltd in July 2015 and worked there till May 2016 I was getting salary in cash only on few occasions they made a bank transfer of salary. JUD Cements Ltd has not issued my Form 16 for the F.Y 2012-13 and F.Y 2015-16 so far because of this I had not filed my ITR for these two years. During May-13 to Jun-15 I was giving tuitions and getting my fees in cash only and also I did practice for some duration in that also I got my fees in cash only I have filed ITR from F.Y. 2009-10 onwards except for the F.Y 2012-13 and F.Y 2015-16. My question is this whether IT department will issue me notice regarding source of the cash deposited. I have sent an email to the company's concerned person regarding issuing my form 16 for the F.Y 2012-13 and F.Y 2015-16 but I have not received any satisfactory reply from my last employer. Urgent response to my query will be highly appreciated. Regards

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Tejaswini iyengar
01 December 2016 at 22:08

text book

is vijayraja sir or aks krishnan text better for law ca final ? is mp Vijay Kumar or institute study material better for financial reporting for ca final ? pls reply

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jaideep
01 December 2016 at 21:58

Income tax return

sir i have filled itr4 for a.y 15-16 can i file itr4s for 16-17 source of income is contract of painting of building and houses

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naveen kumar
01 December 2016 at 21:47

accounting term

plz tell me difference between invoice & voucher

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Chandan Harsha
01 December 2016 at 19:57

lost hopes,need of encouraging words.

my name is HarshaChandan .I gave my first attempt on ipcc on November. I feel my passing chances are very less. so I wanted start studying but not able to start . when I open my book I feel not to read. I don't know how to go forward. please help me.

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Anonymous
01 December 2016 at 14:33

Service tax on construction

Sir,

There are 4 vacant plots owned by 4 different individual in same vincinity.

They all have approached contractor to build residential building for their own purpose.

Contract is for material and labour both.

Whether service is required to be charged by contractor on the same and if yes, notification no 8/2016 on 1st march 2016 stating 70% abatement can be taken by contractor for discharging his dues ? As notification clearly states, that the value of land is to be included in taxable services, but here only land belongs to plot owners and contractor is specifically approached for construction services only.

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