While transferring fund from NRO account of one person to NRE account of another person, whether tax is imposed ?
Answer nowDear,
One widow lady sold own house(Floor) and re-invested the same in buying new residential house in the name of her major daughter. Can she claim exemption u/s 54.
All transaction are done within time.
sir, my attenpt is in nov-2015, i am not able to take final dt coaching due to constraint in time. can u please suggest me any book which i can prepare without any coaching and can score good marks. Thanks and reagards
Answer nowQuestion_1: one has income from insurance Commission u/s 194D, I want to know under which profession does it come?
Specified Profession or non specified Profession.
Question_2: What is the tax slab rate for the income from business or profession who use ITR-4.
Question_3: Are maintenance of books of accounts are compulsory or not of FY 2010-2011 if
Gross profit: 252500.00
Expenses made: 97300.00
Net Profit: 155200.00
One of my client who is a salaried employee in PSU got 96000/- as salary but TDs deducted @96000/-.I want 2know d reason.
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Ancestral property held by the husband for more than 10 years is transferred to his wife by way of gift in 2014 and the property was sold in 2015
Is it a STCG or LTCG
What will be the cost of acquisition, either gifted amount or cost of acquisition by her husband’s father
I have query related to advocate(consultant) that provides all the services of accounts, income tax return,sales tax return, service tax return, tds return and audit to specific clients. For that,consultant appoint person like C.A and Advocate by consultant for Returns and Auditing work. My simple question is do that advocate firm charge their bill of accounts, returns and audit instead of giving separate bills of other Advocate & CAs ??
Answer now
I have obtained COP from ICAI but it has my full name (Including middle name) Do I now have to mention my full name every time I have to attest something or sign tax audits?? Or can I just write My first and Last name along with Membership number? Is it possible to shorten or omit my middle name?
I gave my full name in form 2 because that was given for student registration when applying for CA course.
Thanks In advance.
Hello,
I purchased a residential property in Apr 2008 & now I want to sale in Apr 2015. The property is jointly owned by me & my father.
I wish to avail exemption in capital gain by either investing in another property / Capital Gain Account Scheme / REC bonds.
I also own another property jointly along with my wife.
I read an article saying that capital gain exemption is applicable only if the applicant owns one residential property at the time.
1. Is this correct?
2. If yes, any alternative way I can avail the exemption?
3. If no, should the new investment be jointly done by me & my father so that both can avail the exemption?
Dear Experts,
Please help me about unclaimed TDS Challan of FY 2010-11.
We were paid excess TDS in September '2011 for FY 2010-11 u/s 194B & 194J which are still unclaimed (as shown on TRACES).
Can We claimed this challans in any further financial year ? Or its possible to get refund..? Or any other option..?
Please reply with the procedure..
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