Sir, I am currently pursuing CA - IPCC . How can I prepare taxation subject on my own and by only relying on resources provided by BOS.
Answer nowmy friend sold his house in April for 1.8 crore. his share is 33%. can he avail tax benifit. aquisatiin period is 1983. sold year 2016. improvements cost is. 4 lakh (2015). so please suggest some tax savings plans just like capital gain scheme.
Answer now
Dear Sir,
I paid 2 lakh to my father one year before as there was some operation he had to undergo and he needed the money, so I transferred that to his account, After one year he returned that money to me. There was no interest that he paid me. I paid him 2 lakh and after one year he returned 2 lakh.
I did not show this amount in my ITR. my fathers passbook shows that the amount he received from me and my bank passbook shows that I received the same amount from him. So If my return is selected for scrutiny, will I have to pay any tax or penalty. This is not a income so I did not show it in ITR. was it wrong on my part not to show this in ITR?
Please advice. .
Is it possible to fix profit sharing ratio on fluctuating basis in parternship deed?.. Correct me, if wrong partnership act provides for fixed PSR only..Kindly advise
Answer nowHello Sir, my father is a proprietor of a construction working with Bharatiya Reserve Bank Note Mudran Pvt. Ltd, Salboni. while payment of bills they deduct TDS @ 1% and Works Contract Tax @ 3% of the Total Gross Amount. i am also a student pursuing CS (Exe) from Kolkata as per my knowledge they should't deduct 1% TDS as they are already deducting WCT @ 3%. Kindly suggest, and if answer is positive then kindly send me the proof that can be presented to them. (shuddhatam@live.com) kindly soon reply if possible.
Answer nowi jst want to ask that i had taken coaching 3 years ago of financial reporting subject . my attempt is due on. nov 2016 i want to ask whether there is change in the syllabus of fr except the ind as which shall b applicable. Also i want to enquire that if there is a need of coaching again. in case there are changes then under which chapters there are amendments
Answer nowDear sir/Madam
Our company purchase velvet pouch,coin poche small for gold and diamond jewellery packing purchase in that amount we deduction tds or not
SIR,
I HAD DEPOSIT THE SERVICE TAX PAYMENT FOR THE PERIOD OF 01-04-2015 TO 30-09-2015 AND 01-10-2015 TO 31-03-2016 AS PER QUARTLY BUT SIR I DO NOT CALCULATE THE TAX AMOUNT , PENALTY AND INTEREST SO PLEASE HELP
AS PER DETAILS-:
01-04-2015 TO 30-06-2015 GROSS AMOUNT IS - 298016.94
01-07-2015 TO 30-09-2015 GROSS AMOUNT IS - 174005.69
01-10-2015 TO 31-12-2015 GROSS AMOUNT IS - 219255.00
01-01-2016 TO 31-03-2016 GROSS AMOUNT IS - 329405.00
SIR, PLEASE HELP AND LATE ME ONE THING MORE WHAT IS THE DELAY RETURN FILING OF 2015-16 WHAT IS THE LATE FEE PLEASE HELP
THANKING YOU
Resp. Sir,
I would like to know whether Entry Tax is applicable for below cases :
1. If Purchase Interstate
2. If Purchase Within State within Corporation Limit
3. If Purchase Within State beyond Corporation Limit
Please advise me
Regards
accounting entries regarding utilisation of development fund
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