Please confirm if my understanding is correct for AY 13-14--
Any salaried employee if he is getting exempt income under sec 10 like HRA, LTA, conveyance allowance, need to file ITR-2, if this exempt amount exceeds Rs 5000/-.
Does PPF interest and Gifts received is also considered exempt income or tax free income. Are they required to be shown in exempt income "Section EI"
Dear All Members,
I am a CA(Fresher). I am looking for opportunities in a Mid size CA firm in Mumbai. I have cleared CA in 1st attempt.
Problem is I am not getting any calls from CA Firms. I registered myself on all the job websites. My major exposure is in audit only and no taxation. But now post qualification, I want to specialise in Taxation Only. CA Firm's reject me for n0t having any experience.
Can any one suggest CA Firms which give me exposure in tax???
We are in FMCG sector.To promote our product we recruit many agencies & these employs girls & boys who promote our product to consumers. The agencies charges to us 15% over the salary they paid to these boys & girls & on the total value they charged 12.36% service tax.
Here my query is it possible if the invoice can be segregated in two part viz reimbursement of salary & 15% service charge. That means agency will charge service tax only on the service charge portion i.e. 15 of salary.
Kindly advice
If two non CA form a LLP with LLP name starting with ca, is there any restriction on the same? i mean will they have to do any extra formalities for taking the name with ca?
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RESPECTED SIR,
ONE OF MY CLIENT GIVE ME THE DETAILS ABOUT TDS DEDUCTED AGAINST COMMISSION FOR A.Y.11-12. I SEE IT FROM 26AS IT SHOWS TDS RS.3230.00 AND PAYMENT RECEIPT IS RS.32300.00.
I filed itr4 on 29.05.2012 (after due date) and shows gross receipt rs.195200.00 and gross profit Rs.117500.00 in no account case, and i got refund on dated 12.09.2012.
New the problem is when i see the 26as again it shows payments rs.365448.00 and tds rs.36546.00.
my question is ==>> how i will claim the balance tds? CAN I GO FOR RECTIFICATION, OR THERE IS ANY OTHER TREATMENT.
thanks
Hi friends.....
is anybody tell me whats the requirement of increasing directors remuneration of pvt.ltd.from a)100000 to 250000.& b)40000 to 80000.
is possible if company's paid up capital only 100000?
what is the rules regarding increasing the directors remuneration?
Sir my client has declared dividend and issued a cheque but shareholder did not presented within 30 days and later on company re-validated the cheque otherwise it would have been dishonored, finally dividend was paid after six months when shareholder presented cheque to bank.
will it be regarded as unclaimed dividend and Companies provisions regarding transferring it into "unpaid dividend " apply ???
If a father gives 20lac as a gift to son and then the son invests that in a house, who is taxable in this case and what is the tax rate?
Thanks a lot
I have taken leave for my group 2 CA- IPCC examination during my articleship period, so as per ICAI Guidelines, Leave taken for the exams conducted by institute is said to be considered as working day, but this time IPCC Exam , May 2013, the last Paper-7 on 15th May got postponed to 24th May, AS per ICAI Guidelines the intervening holidays is also considered as working day for articled assistant , so can i claim as my working period for those 10 days gap of between the exams i.e from 14th may - 23rd may also..???
reference site: http://www.icai.org/new_post.html?post_id=813
please help me out
sir,i cleared both group of ipcc.i submit articleship form with 112 form till 30th april.now yesterday I got letter form icai for submission of bcom external/correspondence/non collegiate proof. I m regular student till 2nd year and my 2nd year result is awaited . from 3rd year I will be private.now guide me what should I do as soon as possible.
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Hra exemprtion itr 1 or itr2 to be shown