If d Business is of purchase & sell of shares & Mutual funds.. Fixed assets are in the form oc ACs.. can Depre.b claimed under Income tax act,1961 ? Bcoz dere is no direct use of Assets in generating revenue. Moreover the resultant revenue is also Exempt u/s 10(34) & 10(2A) ...
Dear Experts,
Can anyone tell me what would be the rate of income tax charged on Income earned from playing online games like Rummy. What would be the rate for income earned from websites like free online recharge websites or sites which pay you for Fb likes or to view e-mails & other forms of advertising etc.
Are All these considered as Casual Income?
Would this Income Fall under "Income from Other Sources" 30% bracket or Normal tax bracket?
i m a ipcc student...i had submitted my exam form at chapter office...but my signature in exam form is different than that of cpt form due to some contingencies..will it be a problem for me for exam ??
can anybody tell me whats the difference b/w DIRECT COST AND INDIRECT COST in mfg unit and in trading unit
Dear Sir
I want to know about the detailed syllabous of CFA cousrses and as well as in valuation courses..how can i obtained these information and from where please let me know the resources...It will provide great help if any one answers this query...Thanku So much.
sir m in Ca final and wanted to be carrer in these sectors...So please guide in details...your suggestion is appericiable...
A dealer in Hyderabad purchased goods worth 90 lakhs(excluding VAT) and manufactured finished goods worth 160 lakhs in december. It received an order for the finished goods from its Bangalore BRANCH in January. input VAT rate 12.5% output VAT rate 4% Compute the amount of Input tax credit available and Net VAT PAYABLE. please solve and explain this thanks
My Grand Father was died in last year and they having interest income and bank was deducted tds so shall i want to file income tax return? and whats process for surrender pan card?
Namaste!
I have a query, sir that my daughter had gone to the USA three yrs ago to pursue higher studies availing an education loan from a bank. After finishing her studies, she has been employed in an NGO in the US for the last one year. She has been paying her education loan EMI’s since getting the employment by remittance directly to the bank where she also holds her saving account. She has no income in India, except some bank interest.
Please advise if she’s entitled to avail the benefit/refund under section 80E of income Tax Act. If so, which Return form she needs to file and whether it could be filed on line.
Kind regards,
Indrajit mozumdar
my ca final registration letter is not received yet... so i dnt knw my final reg. is confirmed or not...is any other option to check my status with icai..
I m a old course ca final student and my articleship got completed in 2011,only one group of ca final is remaing...but i have not done my gmcs yet...so i hv do now do how many gmcs,n is old gmcs batches still there??
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
Depreciation