Hello,

COP holder CA's require to complete minimum 20 CPE hours in one calender year.
Does anyone knows that, What could be consequences, if CA was not able to complete 20 hours in year??

I HAVE PAID FULL PAYMENT OF FLAT CONSIDERATION 15 LAC IN MAY 2012 TO THE BUILDER AND ALLOTMENT LETTER OF FLAT IS TAKEN NO AGREEMENT OF SALE DEED IS REGISTERED.

SUPPOSE IF NOW SALE DEED IS REGISTERED FOR VALUE OF CONSIDERATION PAYMENT ALREADY MADE FOR RS 15 LAC WHEREAS MARKET VALUE AS PER STAMP DUTY REGISTRAR IS RS 45,00,000/-.

WHETHER SECTION 43 CA ,50C, 56 (VII) B& C OF I TAX APPLICABLE TO MY SUCH AGREEMENT MADE.PL LET ME KNOW THE COSEQUENCE UNDER I TAX ACT IF DONE AS ABOVE

An affidavit from the Managing Trustee that there has been no infringement of provision of section 13 of the I.T. Act since the Inception of the Society/ during the last three years Trust, whatever is applicable.

Hello all,

One of my friend is running firm which creates websites for the companies situated outside india

and his turnover is more than 10 lacs

Now, my question is that is he liable for service tax ?
and is liable to get registered under service tax act ?


Pls reply

An assesse filed return of income for AY 2012-13. Income as per section 115JB comes to Rs. 702884 & Net profit as per P/L Account comes to Rs.0. Therefore, Self Assessment Tax has been paid under MAT provisions@ 18.5% along with Cess which comes to Rs. 133935. Now, the case got selected for scrutiny under section 143(3)under CASS for heavy unsecured loan. Now the AO added Rs.847306 on several grounds and finally assessed income at Rs. 1550190. Now he computed tax @30% on Rs.1550190 i.e Rs. 479009. I want to know whether the AO contention is right on calculating tax @30% instead of 18.5% & also whether AO has the right to make addition on other grounds than the ground based for CASS. waiting for your reply.

What is wealth tax....
IF the market value of the asset decreases as compared to the last year .. then weather wealth tax paid or not .

and for final preparation of IDT which book is suggestible

Dear Sir,
Where assessee is opting section 44AE. While filling Part P&L of itr4, whether the gross receipt can be given in the column of "Gross receipts"

Or
I have to give only net profit figure there?

Please clarify.

sir , i have a time lag of almost 4 years in my studies after my 12 th...bcoz of family problems... bt now i joined ca..i got 179 marks in cpt and 13 th rank in ipcc.will i find any difficulty in getting articleship in big 4

I sold my flat which was purchased in aug 2008 in may 2014.The purchase price was 22LakhThe interest on loan was approximately 4LakhThe sale price is 41,50,000How to calculate capital gains or loss.Can capital loss be adjusted from current years tax liability from salary ?Pl help

Dear Experts,

In lights of provisions of CA, 2013,
1) Can an EGM be held on a National Holiday?
2) and at a place Other than in the city where registered office of the company is situated?

So far, there is no section in CA, 2013 providing for calling and conducting EGM at a National Holiday and at a place other than in the city where registered office of the company is situated.

Please throw some light on the aforesaid cases along with any section, rule, circular, etc.