payal
11 June 2014 at 17:08

About huf

hello... sir i want to know about the status of HUF.. if the HUF consist of only Karta(father), wife and his two daughters.
what would be the status of Huf on Death of Karta?? Can his daughter be appointed as karta As per Sec6 Of Hindu succession Act, 2005, being a coparcener.??? Or his wife can act as Karta??


Prachi

Dear Sir,

I have a query, Please help me if you know the solutions. When I filled return in the first quarter 1 challan entered in thrice now i have to delete for 2 challan for the correction statement but there is no option for delete, there is only 2 option add Pan update or update. Please help me what can I do now?



Anonymous

can we take input credit on manufacturing excisable goods as well as conditional manufacuring product which is say that if you dont pay excise on such product than you can not take credit.

please provide me can we take credit on excisable product if we manufacture excisable goods as well as conditional excisable produt.



Anonymous
11 June 2014 at 16:39

Section 43b

If I have made the payment covered under sec 43B in AY 2013-14 but have not claimed the same in that A.Y. , would that expense be allowed to me in the next A.Y. i.e. A.Y. 2014-15 ??

and if it is disallowed then under what head would it be disallowed ??


Thanx in advance


jyothirvagmini
11 June 2014 at 16:37

Direct entry-articleship-help

My frnd had appeared for may-2014 ipcc xm..he is saying that he had 50-50 chances to clear ipcc...if he wishes to attempt 2015 may xm..what is the last date for articleship through direct entry scheme..?


Gayatri

Can someone send me the checklist for issue of further shares to existing members as per the Companies Act, 2013 of private limited company who is a subsidiary of unlisted public company. Its very urgent


rahul gupta
11 June 2014 at 16:19

Job work

i am running a business of manufacturing of hand tools. i want to know if some party ask me to manufacture for them and in that case they provide me with a raw material, will that be consider as a job work or not? and also if they dont provide raw material i.e i purchase raw material myself what will be the nature of the transaction. and its accounting treatment.
another query related to this is that, at the time of making a bill am i going to charge vat and excise (as mine is a excisable unit) or serivce tax? plzzz clearify..
thank you


NAVJOT SINGH
11 June 2014 at 16:16

Do exceptional students exist?

many times we heard about a student who is brilliant in studies from academic level gets rank in ca final exams..or students who get ranks already holds ranks in inter level...is it not possible to score a rank in ca final even if you are a failure from beginning??


Sudheer

Sir,

I am resident of Krishna Nagar Near Adarsh Nagar, Jalandhar City, Punjab- 144002.

I have to submit form 15G to Sahara India Pariwar. So i want to know that what will be the Area Code, AO type, Range Code, and Range No. for the above address. please reply soon

Thanks


Jignesh Desai

A person has the following shares of a Company :-

(1)36 shares @ 249.51 Total Cost - 8982.36
(2)200 shares @ 660.97 Total Cost - 132194.00
(3)708 Bonus Shares Total Cost - 0

TOTAL 944 Shares

All these shares were of face Value Rs.10.

However, recently , the Company did Capital Reduction & reduced Face Value of every Share to Rs. 5. As a result , the person received Rs.5 x 944 shares = Rs. 4,720 from the Company .

What would be the correct way (According to the Indian Income Tax Rules ) to account for this Rs. 4,720 in books of Investor ?






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query

Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details