respected experts,

my daughters are nri's they are suporting me since last five years,i could not pay back them since my financial position never permited because of health condition.

now i have decided to sell of my self earned properties and pay back the supported money with interest in australian dollers.

i dont have any sons,both daudgters are nti's.

kindly advise me how to procede and what are the implications.
with regards,
j.koteshwara rao.

Hi
My flat is self-occupied and it's in my name. Recently we have bought another flat in my wife's name. Wife is working as well.
So for income tax purpose, does my wife need to show this new flat as 1st property or 2nd property? and can she claim deduction for home loan interest. Kindly advise. Thanks in advance.

Dear Experts,

greetings. I'm jinesh aggarwal. I want to apply pan no. for my mother. but she has no date of birth evidence. As per new notification, evidence of date of birth is one of the mandatory document require for apply new pan card.

Please suggest how can apply pan card for my mother if she has no date of birth evidence.

Regards
Jinesh Aggarwal

I complete my 3 year of articleship with Two Principal... for first principal i fill up form 109 (11 months training) and now i have to fill form 108.... but the problem is what is date of commencment of articleship i have to fill in this case??? and in form 108 i have to fill up all 3 year detail?? or detail of 2 year 1 month (balance period) only regarded to work experince column in week ??

Dear All,

I have doubt regarding which FOB value to be shown in the Balance sheet.

1. FOB value as per Invoice or,
2. FOB value as per shipping bill, or
3. FOB value as per Bank Realization Certificate.

If we take it as per Bank Realization Certificate, then what about the unrealized invoices till the finalization of Balance sheet.

Kindly clarify which FOB value to be shown in the Balance sheet.

Dear Sir

I am looking forward for job as CA . pls give me format for the same.

thank you.

A person running a manufacturing unit, with more than 10 employees, but not registered under the Factories Act, 1948 is paying freight to GTA.

Is he liable to service tax under reverse charge?

Notification 30/2012 reads factory registered or governed by Factories Act, 1948.

Dear Friends,
I had Property in India. I sold that & received money outside India in Foreign Currency. (i). Whether I've to pay income tax(if any) in India on that property transaction ?
(ii). Whether I can purchase any property outside India out of the amount I received on sale ? {In both the cases (a) after paying tax in India on such Sale, (b) After not paying any tax in India.}
Please Reply it,s urgent.

I want to know that in which FY Sec 185 of Companies Act,2013 is applicable. Because in my company Directors loan and interCompany loan has been stand in F.Y. 2013-14 which is prohibited in Sec 185. so what is a solution for that.

What is the threshold for wealth tax? What are the assests will be taken into a/c while calacualatin wealth tax.