Aashutosh
18 May 2014 at 09:15

Professional tax on stipend

Hello all, I work as a company secretary management trainee in a steel manufacturing company,mumbai! I get rs 8000 as a gross stipend amount every month, I just wanted to know that do I am liable to pay professional tax out of my stipend amount? m I liable to pay professional tax out of my stipend amount, but I am just a trainee out there! every month my employer deducts some amount as a professional tax from my stipend. what to do? pls help


PRASAD NALLALA
18 May 2014 at 07:40

Itr applicability

Hello , sir
One of my client has some proprietary business and at same time he is one of the partner in finance firm, there from he would earn some salary and periodical profit as well, thus his income includes business income and profit & salary from partner ship firm and also there is a chance to get some rental income on his property by letting out his property in future. And what query is which ITR form does applicable to him i.e., ITR-4 OR ITR-3( because his income includes share from firm)


viraj Agrawal
18 May 2014 at 01:58

Negotiable instruments(ni)

I was doing ni there it was written as per reserve bank of India act no one can issue bearer instrument other than it own. then hoe the cheques are in bearer form. please help really confused



Anonymous
17 May 2014 at 23:57

Service tax

Hi,

I would like to know my organisation is about 1 year old and i am into advertising, 90% of business will be with VAT and i will have about 10% with Service Tax, I have not registered for service tax so far, Now i am in my second year of operation and my total service invoice last is less than 3 lacs. Please guide do i need to register now or can i wait till i reach 10 lac of service billing for service tax registration,

Thanks



Anonymous
17 May 2014 at 23:55

Speculative income

Can anyone please upload/provide me with section 43(5)(d) of income tax act. and briefly explain speculative trading taxation in NSE.

Thankyou


Manish

Comparision between companies act 2013 and the old company act relevant for exam in Nov 2014



Anonymous
17 May 2014 at 22:48

Clarification for income tax

If 8th floor building is ready and we have shown as Work in Progress in our books as we Business Commencement Certificate is not received. if any client approach to us for lease / outright purchase for 2 floora. Please guide us with ref to tax portion and should we show it as income or net off from Asset please guide



Anonymous
17 May 2014 at 22:29

Plzzzzzzzz help plzzzzzzz

Dear Sir,

if suppose in may 2014 final exam out of 8 papers i get exemption in 1 paper, suppose i secure 60 + in isca and fail in rest subject is it necessary to carry forward the exemption in isca for nov 2014 exam??

(as i thnk i can get rank in nov 2014 exam but i want to give a try for may 2014 exam as whether i give the exam or or it will be counted as my attempt so in case i get an exemption i dont want to c/f it to next attempt on the expectation to secure a rank)

Thank You..


CA Abhishek Singh

Hello everyone,

a shop is owned by three persons A, B and C

My client has taken that shop on Rent and he pays monthly rent rs.50000/- as follows.
To A-Rs.20000 (240000 pa)
To B-15000 (180000 pa)
To C-15000 (180000 pa)

My question:
Is Tax required to be deducted on payment made to A,B,C ?

waiting for the views of the experts.


Bishal Sapkota
17 May 2014 at 21:38

Final registration

hello
i have cleared IPCC-I in nov 2012 and i havent cleared my group-ii. i would like to ask till when i should clear my group-ii to get eligible for final nov 2015 exams. If i clear my group-ii in may 2015 can i appear in nov 2015 final exams..





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