Hello, What if i have excess leaves in articleship but after 2.5 years of my articleship WITHOUT considering the excess leaves i am giving my exams and my c.a principle has signed my exam form NOT considering the excess leaves. Then would there be a problem if i do not complete the excess leaves?

sir/mam
in case if an employer provides any gift in cash to the extent of 50000, to his employee on marriage then what should be the treatment is it taxable under salary(as gift in cash is fully taxable) or other sources(as gift upto 50000 is exempt)

Dear Sir,

One of my client whose wife is doing tution classes from home and fees recd in cash amounting to rs. 15000 p.a. and she also receives some cash from her materal father and relatives of her family ( cash gift on birthday, diwali,marriage anniversary etc.)every the year amounting to rs. 20000/-.

she wants to file her income tax return for F.Y. 12-13 and 13-14? then whcih ITR i should use and how to show her income under headwise?

how to plan for her income and what to show and how to show so that in future no query willbe addressed and how to suggest her

please explain
thnaks in advance.

Dear sir,
I want to know one of client has earned 50 lacs arounf election days from stock market. he comes to me. unexpectedly he has gained alot. he is small investor. he does have such income which is chargeable to tax. but around election days he gained 50 lacs profit from stock market. he never files return. what should he do? he does not want to pay any tax on it. how i save him from tax.

whether he should invest in residential property or gift some rupee in blood relation or investment in NHai or rec bonds/ plot of lands? how to save him from income tax department. how he take amount from share market. there is huge amount passes though bank then what recourse he should adpot to avoid legal formalities and enjoys the full amount by investing in some better tax saving option.

please it is very urgent. if i file the return then which ITR is to be files how much tax shall be paid for this amount?

if he want to avoid then what to do? what are legal repurcussions to avoid and not to show and File ITR?
if we have to pay tax then what is tax rate, amount, iTR for filing and in which A.Y. it is considered?

se give me clear cut ans with finacial figure as well as from tax angle?
Thanks in advance.

Sir,

I filled 24Q for all the 4 Qtr of 2013-14 & i have generated Form-16 also. now i came to know that all the four regular statement were processed with some demands due to late deposit of tax and the demands was created two months ago. can i now file correction statement for all the 4 quarters ?

A Ltd a foreign Company and holding company of B Ltd incorporated in India, gets an order from C Ltd India.A Ltd supplies majority of the order (99%) from outside india and asks its subsidiary B ltd to procure and supply the balance material locally and send it C ltd. The cost of local procurement is reimburesed by A Ltd to B ltd.

a) is the material supplied by B Ltd procured from local vendors eligible for concessional rate of tax against C Form/ E1 transaction? (A ltd is not a registered dealer in india)

b)is invoice raiased for cost reimbusement be treated as sales and attracts CST?

c)if the above (b) trasaction doesnot attract CST , then can this be shown as export sales?

hi freinds,i have been selected for a company in the campus placements organised by the insti,but to my disappointment i have not received my offer letter yet.its more than 2 months!!! what shall i do now,shall i wait more?

Suppose X Ltd. is registered as service provider and service receiver.

Tsupplyhe company pays service tax under reverse charge mechanism for manpower supply. The value of service is Rs. 7,00,000.

The company also rents property and receives rent of Rs. 6,00,000.

Now my question is whether the company can take the benefit of small service provider exemption of Rs. 10,00,000 as the value of rent is Rs. 6,00,000 only
OR
For the purpose of calculation of Rs. 10,00,000 the value of manpower supply is to be taken as the notification only specifies about GTA and is liable to service tax.

I am pursuing cs(executive), I want to know should I go for LLB regular, as I am already 22 yrs old. Should I opt for it or any other course or only continue with CS now?? Also I want to know abt the scope of CS, can it secure me a good job?? Because ther are some changes after coming of companies act,2013???

Dear experts..

pls share your views regarding the benefits and disadvantages of both the form of business enterprise considering the less harassment at statutory level and scope of having high amount of finance from banking institutions

Regards