Anonymous
28 March 2014 at 02:22

Taxation

Is India the highest taxed country in the world in any terms?



Anonymous

A bill for professional services by CA for the period 01.10.2012 to 31.03.2013 was raised on 30 june 2013...will the tds be deducted on service tax component(shown separately on bill) as per circular no 1/2014 dated 13/1/2014....????


And rest of the question keeping same if the same bill would have been for the period 1.10.2013 to 31.03.2014 raised on 20.03.2014.....wat would be the answ..???

plz reply in brief.....


Kshitij Saxena

I am a CA final student with attempt this November.I am very much intrigued by hardcore finance industry and would like to persue my career in the related fields viz.corporate finance,IB,PE VC etc.,but somewhere down the line don't feel that CA is the right course for it.CA is mainly involved in accounting ,tax n auditing which I am genuinely not interested in..I am very weak in accounts and tax as well..and have no confidence in these subjects but have likeliness for SFM. the bottom line is I am not intrsted in becoming a CA or would not like to do the work they are majorly consulted for as mentioned above.I am now planning to give CFA us in December plus later persue MBA. kindly guide about what to do at the moment..I m trying for industrial training so which companies should I look for where I could leverage my interest. Awaiting response


Harsh Jaiswal
28 March 2014 at 00:26

Claim of tds

I have a sb a/c in which the bank gave me interest net of Tds and I had not quoted my PAN and this is shown in my IT file. So the bank is not providing me a Traces generated certificate which would allow me to claim the tax deducted. So what are the ways how I can claim the amount as I have to submit my return.


CA Raj Doshi

My question is who all are liable to submit balance sheet and profit and loss account while filing the Income Tax returns ?
Is it Assessee based ( Individual,HUF, Company etc) or Return form based ( ITR 1,2,3,4,5 etc ).Thanks in Advance


K Shah
27 March 2014 at 23:28

Deduction of demat charges

Can deduction of Demat Charges, as a expense, claimed against STCG ?

If in the above case person is dealing in purchase & sale of shares only. Then can we get deduction of same?

Plz Reply with appropriate reason.
Waiting for your reply....
Thanks.



Anonymous
27 March 2014 at 23:05

Cash loan above rs. 20000

Is a firm can give loan above rs.20000/- in cash in two part or have problem in it income tax point of view


N.Rohith Kumar
27 March 2014 at 23:00

Articles transfer

sir, can we transfer our articleship after one year. if yes? can u say me the procedure ?


Akshay
27 March 2014 at 22:43

Tds related

I have query about T D S on warranty care packs & uses the same for extension of warranty of Laptop/ Desktop etc.

i purchase these care packs form dell and sell the same to customer after charging the service tax on it & dell provide the waranty in case any issue would be arise during the warranty period

Pls let me know , whether its is covered under section 194c or 194J & Pls Suggest me why it comes under?

Thanks in Advance


Raj Kumar

Relationship between share price and gold price





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